Acknowledgment Agreements

The agreement on contractual terms (or verification by legal advisers or independent legal counsel) contains confirmation from a person who is a party to the agreement that he has read and understood the agreement, has had the opportunity to review the agreement with independent advisers and has signed the agreement voluntarily. . . . If one part of the agreement is a lawyer, its rules of conduct may require that the other party actually receive advice from independent counsel. (see.B. the rules for lawyers in Ontario. ACKNOWLEDGMENT AND AGREEMENT OF GUARANTORS Signatures, every citizen of The Gulfstream International Group`s debt, Inc., a Delaware Corporation (Company) to Shelter Island Opportunity Fund, LLC (Holder), pursuant to the separate guarantee of each warranty dated August 21, 2008 (in the amended version of each warranty), heresafter (i) the receipt of the above agreement and the modification of the securities purchase and cancellation agreement (ii) with respect to the terms and conditions of execution; (iii) reaffirms all obligations to Holder, in accordance with the terms of the guarantee; and (iv) recognizes that Holder may modify, renew, renew, renew or otherwise modify the transaction documents and any debt or agreement of the entity, or enter into an agreement or renew additional or other credit units, without notifying or seeking the agreement of the undersigned, without undermining the responsibility of the undersigned who signed the guarantee, for all present and future companies that Chair Holder and without the agreement of the undersigned. I have not thought about how to attach confirmations until the end of a contract. I invite you to suggest whether this practice is useful or not and, if so, when it should be used.

. It is an acknowledgement that the individual had the opportunity to verify the agreement with counsel and not that he or she did. . . . Councillor`s advice. [PARTY A] advised [PARTY B] to review this agreement with a lawyer of his choice before signing this agreement, and [PARTY B] had a reasonable period of time to do so. (d) knowingly and voluntarily accepts all the terms of this Agreement, without coercion, coercion or undue influence on the part of [PARTY A], its representatives or any other person, and agrees to be legally bound by these conditions.

Sometimes a contract with the “confirmation” paragraph is added at the end after the party`s signatures. . . . (a) had a reasonable opportunity to review their terms for no less than [21] days; (b) read and understood all his terms carefully. 1. Confirmation of the terms of the contract. Before the agreement is signed, the clause [PARTY B] should be inserted into the contract terms confirmation clause when a party, usually the party in a stronger negotiating position (e.g. B, employer, licensee, owner, etc.), is represented by a lawyer and the other party does not.