SETTLEMENT AGREEMENTSettlement Agreement • August 18th, 2006 • Fastfunds Financial Corp • Blank checks • Colorado
This Settlement Agreement (the “Agreement”) is entered into effective as of May 10, 2006, by and among FastFunds Financial Corporation, Inc., a Nevada corporation (“FastFunds”), and Equitex, Inc. (“Equitex”), on the one hand; and the following holders of certain notes: MBC Global, LLC, an Illinois limited liability company (“MBC”), Corporate Capital, Inc. a Minnesota corporation, Carolyn Companies, a Colorado corporation, Moore Investments, Inc., an Illinois corporation, Paul A. Moore, Kathy Moore, Kevin F. Flynn, as Trustee of the Kevin F. Flynn June 1992 Non-Exempt Trust, European American Perinvest Group Bermuda., a British Virgin Island corporation, Fritz Voelker, John Eric Landry, Colin P. Markey, Sherie Swiontek, Mark Savage and Daniel Ryweck (collectively referred to as the “Note Holders”) on the other hand; with respect to the settlement of all claims between the foregoing parties to this Agreement, including those relating to certain Convertible Promissory Notes dated April 14
ESCROW AGREEMENTEscrow Agreement • August 18th, 2006 • Fastfunds Financial Corp • Blank checks • Colorado
THIS ESCROW AGREEMENT (the “Agreement”) made as of May 10, 2006, by and among FastFunds Financial Corporation (“FastFunds”), Equitex, Inc. (“EQTX”) and MBC Global, LLC, an Illinois limited liability company (“MBC”), Corporate Capital, Inc. a Minnesota corporation, Carolyn Companies, a Colorado corporation, Moore Investments, Inc., an Illinois corporation, Paul A. Moore, Kathy Moore, Kevin F. Flynn, as Trustee of the Kevin F. Flynn June 1992 Non-Exempt Trust, European American Perinvest Group Bermuda., a British Virgin Island corporation, Fritz Voelker John Eric Landry, Colin P. Markey, Sherie Swiontek, Mark Savage and Daniel Ryweck (collectively referred to as the “Shareholders or Shareholder”) and Baum and Gustafson, P.C. (the “Escrow Agent”).
SETTLEMENT AGREEMENTSettlement Agreement • August 18th, 2006 • Fastfunds Financial Corp • Blank checks
This Settlement Agreement (the “Agreement”) is entered into effective as of May 10, 2006, by and among FastFunds Financial Corporation, Inc., a Nevada corporation (“FastFunds”), on the one hand; and the following holders of certain notes: Gary Fears, Joseph Scoby, Debra Senglaub, Jeffrey Senglaub, Paul Moore [or Moore Investments, Inc., an Illinois corporation], and Anglo Irish Bank, Inc., a Switzerland corporation (collectively referred to as the “Note Holders”) on the other hand; with respect to the settlement of all claims between the foregoing parties to this Agreement, including those relating to certain Convertible Notes dated November and December of 2004, made by FastFunds to the Note Holders (as listed in Exhibit 1 attached, the “Notes”), and other related matters. FastFunds and the Note Holders may be collectively referred to in this Agreement as the “parties” and individually as a “party.”
