STOCK PURCHASE AGREEMENT
This STOCK PURCHASE AGREEMENT (this “ Agreement ”) by and between IA GLOBAL, INC., a Delaware
corporation (the “ Company ”), and MGVJ Co. Ltd (the “ Purchaser ”) is entered into as of June 28, 2010.
The Company and Purchaser are entering into this agreement to memorialize the terms and conditions upon which
Purchaser commits to purchase and acquire shares of the Company’s common stock, $0.01 par value per share (the “
Common Stock ”).
NOW THEREFORE , in consideration of the premises and the mutual covenants hereinafter set forth, the
parties hereby agree as follows:
I. STOCK PURCHASE COMMITMENT; REPRESENTATIONS BY PURCHASER
1.1 Subject to the terms and conditions hereinafter set forth, the Purchaser hereby agrees to purchase from
the Company, and the Company agrees to sell, issue and deliver to the Purchaser, free and clear of all liens and
encumbrances (except pursuant to applicable securities laws), the shares of Common Stock (the “ Shares ”) against
payment of the Purchase Price in accordance with the following schedule:
(i) 5,000,000 shares at a purchase price of US$.012 per share, the price on signing, or an aggregate
price of US$60,000 on or before June 28, 2010.
1.2 Each respective purchase and sale of the Shares shall take place remotely via the exchange of documents
and signatures at such time as the Company and the Purchaser mutually agree upon, orally or in writing (each, a “ Closing
”). At each Closing or as promptly thereafter as possible, the Company shall cause to be delivered to Purchaser a
certificate, registered in the name of the Purchaser, representing the Shares being purchased by Purchaser at such Closing
against payment of the Purchase Price therefore by check payable to the Company or by wire transfer to a bank account
designated by the Company.
1.3 The Purchaser recognizes that the purchase of the Shares entails elements of risk in that (i) it may not be
able to readily liquidate its investment;