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EXHIBIT 99.5 TERMINATION AGREEMENT

Termination Agreement

EXHIBIT 99.5   TERMINATION AGREEMENT | Document Parties: DONOBI INC You are currently viewing:
This Termination Agreement involves

DONOBI INC

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Title: EXHIBIT 99.5 TERMINATION AGREEMENT
Date: 4/29/2005
Industry: Software and Programming     Sector: Technology

EXHIBIT 99.5   TERMINATION AGREEMENT, Parties: donobi inc
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                                                                    EXHIBIT 99.5

 

                              TERMINATION AGREEMENT

 

         THIS TERMINATION AGREEMENT (the "Agreement") is made and entered into

effective as of April __, 2005, by and between DONOBI, INC. a Nevada Corporation

(the "Company"), and CORNELL CAPITAL PARTNERS, LP, a Delaware limited

partnership (the "Investor").

 

                                    Recitals:

 

         WHEREAS, the Company and the Investor entered into an standby equity

distribution agreement (the "Standby Equity Distribution Agreement"); a

registration rights agreement (the "Registration Rights Agreement") and an

escrow agreement all of which are date as of October 27, 2004 (the "Escrow

Agreement"). (Collectively, the Standby Equity Distribution Agreement, the

Registration Rights Agreemen


 
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