DEBT FORGIVENESS AGREEMENT
BETWEEN:
MBMC Investments, Inc.
(the “Creditor”)
AND:
MICON ENVIRO SYSTEMS INC., a company incorporated
under the laws of the State of Nevada and having an
office at 000 Xxxxxxx Xxxxx, Xxxxxxxxx, Xxx Xxxx, 00000
(the “Company”)
The Creditor agrees to forgive the Company $144,300.33 in outstanding debt.
By signing this agreement, the Creditor releases any and all previous claims unknown or unknown by and against the Company.
This agreement is effective upon signing.
MBMC INVESTMENTS, INC.
/s/ Xxxxxxx XxXxxxxxx
May 2, 2008
/s/ Xxxxxxx Xxxxxx
May 2, 2008
______________________ _________
______________________ ________
Authorized Signatory
Dated
Authorized Signatory Dated
000 Xxxxxxx Xxxxx
Xxxxxxxxx, X.X. 00000