EXHIBIT 10.9
Mutual Agreement to Dissolve Business Relationships
For certain considerations, International Star, Inc. (STAR) and Pita King
Bakeries International, Inc. (PITA KING) agree to the following action.
ACTION:
Effective January 1, 2004, by Mutual consent both parties agreed to
dissolve the business Association created by the October 1, 2002
acquisition of PITA KING by STAR.
In full settlement of this transaction each party makes the following
considerations.
CONSIDERATIONS:
STAR will forgive debt totaling Thirty Five thousand dollars ($35,000.00)
incurred by Pita King in the form of loans from the parent Company.
The principal and officers of PITA KING will return to the Company Four
million shares (4,000,000) of "common stock" issued in consideration of
the acquisition.
Both parties agree that the remaining One hundred, Thirty nine thousand
and five hundred shares of STAR "common stock" issued for the acquisition
to compensate the original shareholders of PITA KING will remain the
property of those shareholders and will not be effected by this agreement.
Be it also understood that each party indemnifies the other from any further
legal or civil actions relating to the acquisition and/or dissolution thereof.
This document represents the entire agreement between the two parties and will
be considered in place with the authorized signature of each representation
annotated below.
/s/ Xxxxx Xxxxxx /s/ Xxxxxx Xxxxxxxxx
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Xxxxx Xxxxxx/Director Xxxxxx Xxxxxxxxx/Principal
Interantional Star, Inc. Pita King Bakeries International, Inc.
