0001144204-05-032532 Sample Contracts

MUTUAL RELEASE AND TERMINATION AGREEMENT
Mutual Release and Termination Agreement • October 25th, 2005 • Atsi Communications Inc/De • Telephone communications (no radiotelephone) • Texas

THIS MUTUAL RELEASE AND TERMINATION AGREEMENT, by Recap Marketing and Consulting, LLC, Hunter M. A. Carr, and Donald W. Sapaugh (collectively “Recap”) and ATSI Communications, Inc., a Nevada corporation (“ATSI”), is made and entered into this the 1st day of June, 2005, with the following covenants, agreements, understandings and promises having been made by RECAP to ATSI and by ATSI to RECAP

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