SETTLEMENT AGREEMENT
SETTLEMENT AGREEMENT, dated as of September 15, 2003, between Dominix,
Inc. ("DOMINIX") with an office located at 00 Xxxxxxxxx Xxxxx, Xxxxxxxxx, Xxx
Xxxx 00000 and Xxxxxx XXXXXXX, Esq. ("FIERMAN"), with an office located at 000
Xxxxxxx Xxxxxx, Xxxxx 0000, Xxx Xxxx 00000.
WHEREAS, FIERMAN provided certain legal services on behalf of Dominix,
(the "Services"); and
WHEREAS, FIERMAN instituted an action in the Civil Court of the City of
New York, County of New York, Xxxxxx XXXXXXX x. Xxxxxxx, et al., Docket No.:
29449/02 for the payment of legal fees due and owing, and
WHEREAS, FIERMAN and DOMINIX have agreed to resolve any and all
outstanding claims for legal fees, under the terms and conditions below.
NOW, THEREFORE, for good and valuable consideration, DOMINIX, and FIERMAN,
intending to be legally bound, agree as follows:
1. DOMINIX shall deliver to FIERMAN in full settlement and satisfaction of
all claims against Dominix for legal fees, a total of 10,000 shares of common
stock, such shares to contain a restrictive legend and to be issued following
the anticipated one-for-two hundred (1-for-200) reverse split of the common
stock of DOMINIX.
2. Upon the delivery of the shares of common stock as set forth above,
FIERMAN hereby releases and holds forever harmless DOMINIX its officers,
directors, shareholders and agents from any further payments due on the invoices
submitted by FIERMAN to or fees claimed from, DOMINIX for any and all Services
provided by FIERMAN to DOMINIX to and including September 15, 2003. FIERMAN also
agrees to execute a Stipulation of Discontinuance, discontinuing the Dominix
Action as against DOMINIX.
3. Nothing contained herein shall modify or change any prior agreement
between the parties. This Agreement shall be construed under the laws of the
State of New York. This Agreement may be signed in counterpart.
Executed by the Parties as of the 15th day of September, 2003.
DOMINIX, INC.
/s/ Xxxxxx X. Xxxxxxxx
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By: Xxxxxx X. Xxxxxxxx, President
/s/ Xxxxxx Xxxxxxx
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XXXXXX XXXXXXX, ESQ.
