0000950159-05-001409 Sample Contracts

SETTLEMENT AND RELEASE AGREEMENT
Settlement Agreement • November 30th, 2005 • Theater Xtreme Entertainment Group, Inc • Retail-radio, tv & consumer electronics stores • Florida

This 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.

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