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RESCISSION
AGREEMENT
After discussion, it has been agreed
that the A
Agreement and Plan of Merger @ dated May 1,
2005, and any schedules or documents related thereto, between
Identity, Inc., Daniel R. Nelson, Airbee Wireless and Airbee
Automotive Group, Inc. is hereby rescinded. Mr. Nelson
= s and
Identity =
s obligations to complete the rescission shall be to return all of
the stock which Mr. Nelson has received or would receive under
that agreement, as well as providing the releases referred to
below. Any rights, entitlements or obligations which would
naturally have belonged to Identity prior to the merger, will
belong to Identity. For example, Identity will replace Airbee in
relation to PFK and will be responsible for any sums owed that
entity. In turn, Identity will be entitled to sales from product.
The parties agree to effect any documentation, including but not
limited to written assignments, necessary to effect this
rescission. As a material part of this rescission, the parties
hereto, Identity Inc., Daniel R. Nelson, Airbee Wireless, and
Airbee Automotiv
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