Common use of R E L E A S E Clause in Contracts

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxxx Xxxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that Michxxx Xxxxx, xxr himself and his heirs and assigns (RELEASOR), in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) mutual promises set forth in the capital stock Separation Agreement of Newport Goldeven date herewith between Dimixxx X. Xxxxxxx xxx DOVE XXXIO, Inc. (“Newport”) Xxxxxx Xxxxxx (INC., the “Releasor”) (the receipt sufficiency of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport releases and any of its successors discharges Dimixxx X. Xxxxxxx ("XELEASEE") and assignsRELEASEE'S successors, directorsheirs, officersexecutors, employees, or agents (collectively, the “Releasees”) of administrators and assigns from any and all manner of actions, causes of actions, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialities, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, judgments, extent, executions, claims, demandsand demands whatsoever, damages in law, admiralty or equity, which against the RELEASEE, the RELEASOR, RELEASOR'S successors and obligations to pay anything (including without limitationsassigns ever had, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for for, upon, or by reason of, or arising out of any causematter, matter cause or thing whatsoever occurring or existing up from the beginning of the world to and inclusive the day of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that , including without limitation, all claims concerning RELEASEE'S employment with Company, the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result Employment Agreement and/or the Option Agreement (as those terms are defined in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own clientSeparation Agreement), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED provided, however, that this is a compromise settlement of a disputed claim and that the consideration for this Release nothing herein shall not be deemed to be or be construed as an admission constitute a release of liability by the Releasees RELEASEE with respect to the undersigned. The Releasors have consulted obligations of the RELEASEE under the Separation Agreement of even date herewith between RELEASOR and RELEASEE or with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced respect to any extent whatsoever in making this Release by any representations or statements regarding matter that is not known to the said loss or damaged or regarding any other matters made by any RELEASOR as of the parties who will date hereof or based on an intentional or knowing misrepresentation or fraud of RELEASEE. This Release shall be released or governed by any person or persons representing and interpreted and enforced in accordance with the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value laws of the SharesState of California, or the business or as without regard to the future viability principles of Newport. According, the Releasors waive their right to make any claim against the Releasesconflicts of law.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxx Xxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of NewportChina Granite. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxxx Xxxxx Xxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxx Xxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of NewportChina Granite. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxxxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxxxxx Xxxxxxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxx Xxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxxxxx Xxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Xxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx Baerschmidt (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settlement herein contained and the board of directors thereof have duly considered and authorized the execution of this Release by way of resolutions attached hereto and warrants that the signatory hereto is of full capacity and has the authority to execute and deliver this Release, and that the Releasors have not been influenced to any extent whatsoever in making this Release by any representations or statements regarding the said loss or damaged or regarding any other matters made by any of the parties who will be released or by any person or persons representing the parties who will be released. Further, the Releasors understand and agree that no representations, warranties or covenants are being made as to (1) the past, present or future value of the Shares, or the business or as to the future viability of Newport. According, the Releasors waive their right to make any claim against the Releases.