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TERMINATION AGREEMENT

Termination Agreement

TERMINATION AGREEMENT | Document Parties: INTEGRATED BRAND SOLUTIONS INC. | ABS CAPITAL FINANCE INC. You are currently viewing:
This Termination Agreement involves

INTEGRATED BRAND SOLUTIONS INC. | ABS CAPITAL FINANCE INC.

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Title: TERMINATION AGREEMENT
Date: 9/27/2005

TERMINATION AGREEMENT, Parties: integrated brand solutions inc. , abs capital finance inc.
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TERMINATION AGREEMENT

 

THIS AGREEMENT dated for reference the 21st day of September, 2005.

 

BETWEEN:

 

INTEGRATED BRAND SOLUTIONS INC., of 705 – 1080 Howe Street, Vancouver, British Columbia, V6Z 2T1;

 

(the “Company”)

 

AND:

 

ABS CAPITAL FINANCE INC. , of 306 Victoria House, Victoria, Mahe, Seychelles;

 

(“ABS”)

 

WHEREAS:

 

A.                     The Company and ABS entered into a letter agreement dated July 17, 2005 (the “Letter Agreement”), whereby the Company agreed to acquire all of the rights, title and interest in and to ABS’ “Seraph Forensic Data Logger” software (collectively, the “Assets”); and

B.

The Company and ABS wish to terminate the Letter Agreement.

THEREFORE THIS AGREEMENT WITNESSES that, in consideration of the premises and of the mutual covenants and agreements herein set forth, the parties covenant and agree as follows:

1.                       Termination of Letter Agreement . The Letter Agreement is hereby terminated effective as of the date hereof.

2.                       Further Assurance


 
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