TERMINATION OF AGREEMENT
TERMINATION
OF AGREEMENT
THIS
TERMINATION AGREEMENT (the “Agreement”)
is
entered into effective as of March 15, 2006 by and between Inform Worldwide
Holdings, Inc.. a Florida corporation (the “Company”)
and
Investor Relations Services, Inc, (“IRS”).
R
E C I T A L S
A. The
Company and IRS previously entered into that certain Consulting Agreement dated
as of September 13, 2005 (the “Consulting Agreement”) pursuant to which IRS was
to provide various investor and public relations services to the Company in
exchange for forty million (40,000,000) shares of the Company's restricted
common stock.
B. IRS
has
not provided the Company any services and the Company has not delivered said
shares to IRS.
C. The
parties wish to terminate the Consulting Agreement and Section 3 provides for
the termination of the Consulting Agreement upon written consent of the parties
thereto.
A
G R E E M E N T
It
is
agreed as follows:
1. Termination
of Consulting Agreement.
In
accordance with Section 3 of the Consulting Agreement, the parties hereto
consent and agree that the Consulting Agreement is hereby terminated and the
terms and conditions described therein shall be abandoned without further action
of the parties.
2. Counterparts.
This
Agreement may be executed in two or more counterparts, any one of which need
not
contain the signatures of more than one party, but all such counterparts when
taken together will constitute one and the same agreement.
3. Entire
Agreement.
This
Agreement constitutes the entire agreement and understanding of the parties
with
respect to the subject matter thereof, and supersedes all prior and
contemporaneous agreements and understandings.
4. Law
Governing.
This
Agreement shall be construed and interpreted in accordance with and governed
and
enforced in all respects by the laws of the State of Nevada.
IN
WITNESS WHEREOF, each of the parties to this Agreement has executed or caused
this Agreement to be executed as of the date first above written.
“COMPANY”
INFORM
WORLDWIDE HOLDINGS, INC.
By:
/s/
Xxxxxx Xxxxxxxxxxx
Xxxxxx
Xxxxxxxxxxx
“IRS”
INVESTOR
RELATIONS SERVICES, INC.
By:
/s/
Xxxxxxx X. Xxxxxxx
Xxxxxxx
X. Xxxxxxx
