RELEASE AND SETTLEMENT
AGREEMENT
This Release and Settlement Agreement
(the “
Agreement ”
) is entered into as of March 31, 2006
and is by and between Amerimine Resources, Inc., a Florida
corporation ( “
Amerimine ”
) and Daniel Enright
(“Enright”).
R E C I T A L
S
WHEREAS, Amerimine is selling a control
block of its common stock and the purchaser is requiring that
Enright execute this Agreement in connection with its purchase;
and
WHEREAS, Enright has performed services
as officer and director for Amerimine; and
WHEREAS, the parties wish to provide for
the mutually satisfactory resolution of all claims against
Amerimine.
In consideration of the foregoing
recitals, the parties agree as follows:
1.
Incorporation of Recital
Paragraph . The
recitals are incorporated herein by this reference.
2.
Consideration and Mutual
Release . For
consideration in hand received, Enright, on behalf of itself,
its partners, successors, assigns, agents, representatives,
employees, affiliates, and all persons acting by, through, under or
in consort with it, if any, hereby releases and discharges the
other party and its owners, stockholders, partners,
predecessors, su
