Common use of Pursuant to paragraph 1 Clause in Contracts

Pursuant to paragraph 1. 3.1, to the MIS Shareholders, either (a) certificates representing the ZiaSun Shares, duly issued with restrictive legend, to the Shareholders as listed on Exhibit 1. 3.1 attached hereto, or (b) a copy of a letter from ZiaSun to its transfer agent, Colonial Stock Transfer Co., Inc., instructing such transfer agent to issue the certificates representing the ZiaSun Shares to the Shareholders as listed on Exhibit 1.3.1;

Pursuant to paragraph 1. 3.1, to the MIS SMG Shareholders, either (a) certificates representing the ZiaSun Shares, duly issued with restrictive legend, to the Shareholders as listed on Exhibit 1. 3.1 attached hereto, or (b) a copy of a letter from ZiaSun to its transfer agent, Colonial Stock Transfer Co., Inc., instructing such transfer agent to issue the certificates representing the ZiaSun Shares to the Shareholders as listed on Exhibit 1.3.1;