TERMINATION AGREEMENT

This TERMINATION AGREEMENT (this “ Agreement ”)   is entered into this 29th day of September, 2008, by and between ROBIN SEGAUL LEBOWITZ (“ Executive ”) and theglobe.com, inc., a Delaware corporation (the “ Company ”). Each party to this Agreement is hereinafter referred to as a “ Party ” and collectively as the “ Parties ”.

WHEREAS , the Executive and the Company are parties to that certain Employment Agreement, dated August 1, 2003 (the “ Employment Agreement ”);

WHEREAS , contemporaneous with this Agreement the Company has closed on that Purchase Agreement dated June 10, 2008, by and among the Company, Tralliance Corporation and The Registry Management Company, LLC (the “ Purchase Agreement ”), pursuant to which substantially all of the assets of the Company were sold; and

WHEREAS , the Parties desire to mutually agree to the termination of the Employment Agreement on the terms and conditions contained herein.

NOW, THEREFORE , in consideration of