VIRGIN ISLAND GUNITE POOLS St. Thomas — U.S. Virgin Islands Date: Jan. 24, 2011 PROPOSAL Proposal submitted to: Name: L.S.J., L.L.0 Street: City: State; Zip: Phone: Work to be performed at: Little St. James E-mail: We hereby propose to furnish the following materials, equipment and perform the labor necessary fur the completion of: 1.) 1— 20 x 60 Rectangle Gunite Pool — 4' —10' Depth 2.) 6" Waterline tile of L.S.J Choice 3.) 16" x 24" x 2" Thick Pool Coping — L.S.J. Choice of Coping 4.) 2 — LED Pool Lights 5.) 2 Sets of Steps in Pool 6.) 2 Benches in Deep End of Pool (If wanted) 7.) I — Pentair Variable Speed Pumps 8.) I — Pentair Cartridge Filters 9.) 1 — Auto Water Leveler 10.) Diamond Brite Interior Pool Finish L.S.J., L.L.C. is to demo existing pool and supply all gunite materials as per specifications. Virgin Island Gunite Pools to oversee new excavation and furnish all rebar, plumbing and gunite plans. Virgin Island Gunite Pools to have pool plumbed, steeled and gunited within 4 weeks of excavation. All material is guaranteed to be as specified and the above work to be performed in accordance with the drawings and specifications submitted for above work and completed in a substantial workmanlike manner for the sum of: $100,000.00 - One hundred thousand dollars NOTE: ADDITIONAL OPTIONS MAY BE ADDED AT THE ADDITIONAL AMOUNTS OF: Infloor self cleaning system plumbed with all schedule 80 pipe $21,000.00 Extra pump, filter, chlorinator and heat pump $12,800.00 With payments to be made as follows: Progressive payments as per agreed upon $ 20,000.00 Deposit upon move in of jobsite S 20,000.00 Due upon completion of steel $ 20,000.00 Due upon completion of gunite S 20,000.00 Due upon completion of tile and coping S 20,000.00 Balance due upon startup and use Any alteration or deviation from above specifications ins olsing extra costs Vb III be executed onls upon ...Mien orders and "ill become an extra charge over and otiose the estimate. All agreements contingent upon strikes, accidents, or delays beyond our control. Customer to carry fire, tornado, and all other necessary insurance upon above work. Respectfully Submitted: Per: Bart Wolterman EFTA_R1_00507955 EFTA02007872 Note: "[his proposal may be withdrawn by us if not accepted within 30 days. ACCEPTANCE OF PROPOSAL The above prices, specifications and conditions are satisfactory and are hereby accepted. You are hereby authorized to do the work as specified. Payment will be made as outlined above. Date: Date: Signature: Signature: Virgin Island Gunite Pools EFTA_R1_00507956 EFTA02007873