EXHIBIT 10.25 SETTLEMENT AGREEMENT AND MUTUAL RELEASE --------------------------------------- THIS SETTLEMENT AGREEMENT and MUTUAL RELEASE ("Agreement") is made by and between ULTRASTRIP SYSTEMS, INC. ("Ultrastrip") and MIRKIN & WOOLF, P.A. ("M&W").Settlement Agreement • April 15th, 2005 • Ultrastrip Systems Inc • Construction, mining & materials handling machinery & equip • Florida
EXHIBIT 10.28 THIS WARRANT AND THE UNDERLYING SHARES OF COMMON STOCK HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "SECURITIES ACT"), OR ANY OTHER SECURITIES LAWS, HAVE BEEN TAKEN FOR INVESTMENT, AND MAY NOT BE SOLD OR TRANSFERRED OR...Ultrastrip Systems Inc • April 15th, 2005 • Construction, mining & materials handling machinery & equip • Delaware
EXHIBIT 10.22 PROMISSORY NOTEUltrastrip Systems Inc • April 15th, 2005 • Construction, mining & materials handling machinery & equip • Florida
EXHIBIT 10.29 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT made this second day of March, 2005 by and between ULTRASTRIP SYSTEMS, INC., a Florida corporation (the "Company"), and JAMES C. RUSHING III ("Executive"). In consideration of the mutual...Employment Agreement • April 15th, 2005 • Ultrastrip Systems Inc • Construction, mining & materials handling machinery & equip • Florida
EXHIBIT 10.31 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT made this first day of January, 2005 by and between ULTRASTRIP SYSTEMS, INC., a Florida corporation (the "Company"), and JOHN P. ODWAZNY ("Executive"). In consideration of the mutual covenants...Employment Agreement • April 15th, 2005 • Ultrastrip Systems Inc • Construction, mining & materials handling machinery & equip • Florida
EXHIBIT 10.32 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT made this first day of January, 2005 by and between ULTRASTRIP SYSTEMS, INC., a Florida corporation (the "Company"), and MICHAEL R. DONN, SR. ("Executive"). In consideration of the mutual...Employment Agreement • April 15th, 2005 • Ultrastrip Systems Inc • Construction, mining & materials handling machinery & equip • Florida
EXHIBIT 10.24 PROMISSORY NOTEUltrastrip Systems Inc • April 15th, 2005 • Construction, mining & materials handling machinery & equip • Florida
EXHIBIT 10.26 THE SHARES REPRESENTED BY THIS CONVERTIBLE NOTE AND THE CONVERTIBLE NOTE HAVE NOT BEEN REGISTERED UNDER THE FEDERAL OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR HYPOTHECATED IN ABSENCE OF AN EFFECTIVE REGISTRATION...Ultrastrip Systems Inc • April 15th, 2005 • Construction, mining & materials handling machinery & equip
EXHIBIT 10.23 PROMISSORY NOTEUltrastrip Systems Inc • April 15th, 2005 • Construction, mining & materials handling machinery & equip • Florida
EXHIBIT 10.27 THIS WARRANT AND THE UNDERLYING SHARES OF COMMON STOCK HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "SECURITIES ACT"), OR ANY OTHER SECURITIES LAWS, HAVE BEEN TAKEN FOR INVESTMENT, AND MAY NOT BE SOLD OR TRANSFERRED OR...Ultrastrip Systems Inc • April 15th, 2005 • Construction, mining & materials handling machinery & equip • Delaware
