EXHIBIT 10.25
TERMINATION OF ALTERNATIVE DISPUTE RESOLUTION AGREEMENT
Union Bank of California, N.A. ("BANK"), Overhill Farms, Inc., a Nevada
corporation ("Borrower"), Overhill L.C. Ventures, Inc., a California corporation
("OVERHILL VENTURES"), and Treecon Resources, Inc., a Nevada corporation,
formerly known as Overhill Corporation and Polyphase Corporation ("POLYPHASE"),
hereby agree to terminate each of the following alternative dispute resolution
agreements in its entirety: (i) Alternative Dispute Resolution Agreement dated
as of November 24, 1999, entered into by and between Bank and Borrower; (ii)
Alternative Dispute Resolution Agreement dated as of November 24, 1999, entered
into by and between Bank and Overhill Ventures, and (iii) Alternative Dispute
Resolution Agreement dated as of November 24, 1999, entered into by and between
Bank and Polyphase.
This Agreement may be executed in multiple counterparts, each of which
shall be deemed an original, but all of which, together, shall constitute but
one and the same instrument.
Dated as of this 16th day of April, 2003.
OVERHILL FARMS, INC.
By: /S/ XXXXX XXXXX
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Xxxxx Xxxxx
President and Chief Executive Officer
OVERHILL L.C. VENTURES, INC.
By: /S/ XXXXX XXXXX
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Xxxxx Xxxxx
President and Chief Executive Officer
[SIGNATURES CONTINUED ON FOLLOWING PAGE]
TREECON RESOURCES, INC.,
formerly known as Overhill Corporation and
Polyphase Corporation
By: /S/ XXXXX XXXXX
-------------------------------------
Xxxxx Xxxxx
President and Chief Executive Officer
UNION BANK OF CALIFORNIA, N.A.
By: /S/ XXXXXX X. XXXXXX
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Xxxxxx X. Xxxxxx
Vice President
