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Lilac Advisors, LLC
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150 East 58 th
Street
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28 th Floor
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New York, NY 10155
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April 24
th , 2008
Mr. Harmen
Brenninkmeijer
Octavian
International Ltd.
Bury
House
1-3 Bury
Street
Guildford
Surrey GU2 4A
W
United
Kingdom
Dear
Harmen,
This letter
(this “Agreement”) constitutes the agreement between
Octavian International Ltd. (the “Company”) and Lilac
Advisors, LLC (“Lilac”) regarding a potential
transaction by the Company. The Company hereby grants Lilac a right
of first offer with respect to any acquisition, sale of assets,
consolidation, or merger by the Company (a “Merger”)
with or into a public company (a “Shell”). Pursuant to
such right of first offer, the Company and Lilac will use their
respective reasonable best efforts to cause the Company to
consummate a Merger with or into Spectre Gaming, Inc., a Minnesota
corporation (“Spectre”). In the event that after using
such reasonable best efforts, the parties conclude that such a
transaction with Spectre will not be in the Company’s best
interests, then the Company shall have the right to merge with or
into a public company other than Spectre. The Company agrees that
in the event that a Merger with or into Spectre or any other
company, is consummated, and CIBC Oppenheimer & Co., Thomas
Lloyd Capital LLC, or any other financial intermediary introduced
to the Company by Lilac or by Brian Daly (any of such
intermediaries referred to as a “Lilac Banker”) is
entitled to any fees in connection with such transaction, Lilac, or
its designee, shall have an ownership interest in in the resulting
merged company (“Newco”) on a fully diluted basis equal
to the lesser of (i) 13% or (ii) the perc
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