SETTLEMENT AND RELEASE AGREEMENTSettlement Agreement • November 30th, 2005 • Theater Xtreme Entertainment Group, Inc • Retail-radio, tv & consumer electronics stores • Florida
Contract Type FiledNovember 30th, 2005 Company Industry JurisdictionThis Settlement and Release Agreement (the “Agreement”) is entered into November 29, 2005 among Scott R. Oglum, an individual (“Mr. Oglum”), Theater Xtreme Entertainment Group, Inc. (the “Company”) and the Initial Investors identified on the signature page hereto.