THIS DEBT SETTLEMENT AGREEMENT made as of the 12th day of May, 2008.

BETWEEN:

MGK Consulting Inc.

A company incorporated under the laws of British Columbia and with an office:

#1205 – 789 W. Pender Street

Vancouver, BC V6C 1H2

Canada

(hereinafter called the “Creditor”)

OF THE FIRST PART

AND:

MICRON ENVIRO SYSTEMS, Inc.

A company incorporated under the laws of Nevada and with an office in New York:

626 RexCorp Plaza

Uniondale, N.Y.

11556  USA

(hereinafter called the “Debtor”)

OF THE SECOND PART

WHEREAS:

A.

As at the date hereof, the Debtor is indebted to the Creditor in the total
amount of US $100,000.  (the “Debt”);

B.

The Debtor has agreed to issue to the Creditor a total of 10,000,000 shares (the
“Shares”) in the capital stock of the Debtor at a deemed price of US $0.01 per
share.

C.

The Creditor has agreed to accept the said Shares in full satisfaction of the
Debt;

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual
promises and covenants herein contained, the parties hereto agree as follow:

1.

The Creditor hereby agrees to accept from the Debtor the Shares in full
satisfaction of the Debt.

2.

The Creditor hereby agrees that upon the issuance to it of the Shares, the
Creditor releases and forever discharges the Debtor, its successors and assigns
from all manner of actions, suits, debts due, accounts, bonds, contracts, claims
and demands whatsoever which against the Debtor it ever had, now has, or which
its successors or assigns or any of them hereafter may have by reason of the
Debtor’s indebtedness to the Creditor.

3.

This Agreement and the rights of the Creditor under it may not be sold, conveyed
or otherwise assigned by the Creditor without the prior written consent of the
Debtor first having been obtained, which consent shall not be unreasonably
withheld.

4.

No right of a party hereto shall be prejudiced by events beyond a party’s
reasonable control including, without limiting the generality of the foregoing,
pressures or delays from outside parties, labour disputes, the exigencies of
nature, governments, regulatory authorities and acts of God, but excluding the
want of funds.  All times herein provided for shall be extended by the period
necessary to cure any such event and the party affected shall use all reasonable
means to do so promptly.

5.

This Agreement shall be governed by and be construed in accordance with the laws
of Nevada.  The courts of Nevada shall have sole jurisdiction to hear and
determine all manner of disputes and claims arising out of or in any way
connected with the laws of British Columbia.  The courts of Nevada shall have
sole jurisdiction to hear and determine all manner of disputes and claims
arising out of or in any way connected with the construction, breach or alleged,
threatened or anticipated breach of this Agreement and determine all questions
as to the validity, existence or enforceability thereof.

6.

Time shall be of the essence of this Agreement.

7.

This Agreement may be executed in two or more counterparts each of which shall
be deemed an original but all of which together constitute one and the same
instrument.

8.

This Agreement shall enure to the benefit of and be binding upon each of the
parties hereto and their respective successors and permitted assigns.

9.

In the event any part of this Agreement or the subject matter of this Agreement,
for any reason, is determined by a court of competent jurisdiction to be
invalid, such determination shall not affect the validity of any remaining
portion or subject matter of this Agreement, which remaining portion or subject
matter shall remain in full force and effect as if this Agreement had been
executed with the invalid portion or subject matter thereof eliminated.  It is
hereby declared the intention of the parties that they would have executed the
remaining portion or subject matter of this Agreement without including any such
part, parts, portion or subject matter which, for any reasons, may be hereafter
determined to be invalid.  

IN WITNESS WHEREOF the parties have executed this Agreement as of the day and
year first above written.

SIGNED, SEALED AND DELIVERED

)

in the presence of:

)

)

/s/ Charles Golding

)

/s/ Jason Gigliotti

___________________

)

_________________

Authorized Signatory

MGK Consulting Inc.

SIGNED, SEALED AND DELIVERED

)

in the presence of:

)

)

/s/ Bradley Rudman

    

)

___________________

Authorized Signatory

Micron Enviro Systems, Inc.