RESERVATION AGREEMENT Control $1.000.000.00 (One Million US Dollars) In Real Estate For Only $10.000 RESERVATION AGREEMENT WYNDHAM JACO CONDO HOTEL Purchaser Information: Name: Nationality: Passport Number: Marital Status: Occupation: Home Address: Home Telephone: Home Fax: Office Address: Office Telephone: Office Fax: Mobile Telephone: E-Mail Address: Purchaser agrees that the Office Address will be used as legal address for Contractual Notice Purposes. Reservation Fee: A reservation fee of Ten Thousand dollars (US$ 10,000.00) legal currency of the United States of America received on _______, 200__ from Purchaser hereby reserves [identification of Unit] at Wyndham Jaco Condo-hotel for thirty (30) calendar days from the date of this Reservation Agreement (the “Reservation Period”). Prior to execution of the Purchase/Sale Promise Agreement, Purchaser has the right to withdraw this reservation at any time by giving written notice thereof to Seller, whereupon this Reservation Agreement and Purchaser’s rights hereunder shall automatically terminate, and the reservation fee shall be promptly refunded to Purchaser. Terms of Sale: Unit __________________________________________________________ Purchase Price: Estimated Substantial Completion Date: -2- Additional Terms and Conditions: 1. In consideration of such reservation, purchaser will receive from the seller one of the following benefits: Airport transfers, two nights and three days accommodations at a deluxe hotel selected by Seller, a private tour of Wyndham Jaco Beach and its surroundings as well as a $1000 credit on the purchase price of the Unit upon executing this reservation agreement t prior to departure. OR Airport transfers, assistance with hotel reservations, a private tour of Wyndham Jaco Beach and its surroundings and a $1,500 credit on the purchase price of the Unit upon executing this reservation agreement prior to departure. Buyer acknowledges and agrees that the above-mentioned benefits are subject to modification and/or cancellation by Seller at its own discretion at any time prior to the execution of this Reservation Agreement. 2. Any extension of the Reservation Period shall be subject to the Seller’s written approval, which the Seller may grant or deny at its sole discretion. 3. The Purchaser may not assign or otherwise transfer its rights hereunder without the Seller’s prior written consent. 4. The Purchaser recognizes and acknowledges that this Reservation Agreement is a reservation solely with respect to a proposed condo-hotel unit, and, accordingly, this Reservation Agreement is not an agreement to sell it, nor does it confer any lien with this Agreement, or any other condominium property. If Purchaser chooses to purchase the unit reserved with this Agreement, or any other condo-hotel unit in the Condominium, Purchaser shall enter and execute the Purchase/Sale Agreement pursuant to the terms and conditions herein established. 5. This Reservation Agreement shall be governed by and interpreted in accordance with the laws of the Republic of Costa Rica, and any dispute or claim relating to arising out of this Reservation Agreement shall be resolved through legal arbitration to be conducted in San José, Costa Rica before the CICA Arbitration Center in accordance with the Costa Rican Law on Alternate Dispute Resolution and the Promotion of Social Peace. Date: ____________________ SELLER PURCHASER [Name] By: ____________________ Title: ____________________ -3- RESERVE WITH A CREDIT CARD USING THE FOLLOWING INSTRUCTIONS: CREDIT CARD PAYMENT AUTHORIZATION FORM I _________________________________________ (name of the credit card holder) with credit card number____________________________________ with expiration date_______________________________________ type of credit card_______________________________ I wish to authorize Wyndham Jaco Beach to use my credit or debit card to guarantee the reservation deposit Enclosed I am sending a copy of both sides of my debit or credit card and identification. ______________________________________________ Credit Card Holder´s Signature (PLEASE SCAN AND EMAIL US A COPY OF YOUR PASSPORT OR DRIVER’S LICENSE AND ALSO A DOUBLE SIDED COPY OF YOUR CREDIT CARD SO WE CAN PROCESS YOUR CREDIT CARD PAYMENT) RESERVE WITH A MONEY TRANSFER USING THE FOLLOWING INSTRUCTIONS: Instructions to wire funds from United States or any other country to Costa Rica. Instruct ordering party or Bank as follows: WIRE TRANSFER USD$ ___________________ to Bank: ABA: S.W.I.F.T. Address: Credit Account Account Number HSBC BANK USA , N.A., New York 021001088 MRMDUS33 101 Park Ave. New York City, NY 10178 HSBC Costa Rica .S.A. 000156850 -4- S.W.I.F..T. BXBA CR SJ For further Credit to : Account No. TRESCIENTOS SETENTA Y NUEVE, S.A. 91422057971 Ref: _______________________ -5-