The parties hereto represent and warrant that they
have the power and authority to enter into this Agreement and that they have not
assigned or otherwise conveyed or attempted to convey any of the rights released
herein.
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THE PARTIES HAVE READ AND FULLY CONSIDERED THE AGREEMENT AND ARE MUTUALLY
DESIROUS OF ENTERING INTO SUCH AGREEMENT. THE TERMS OF THIS AGREEMENT ARE THE
PRODUCT OF MUTUAL NEGOTIATION AND COMPROMISE BETWEEN EMPLOYEE, AND EMPLOYER.
EMPLOYEE HAS BEEN AND IS ADVISED IN WRITING TO CONSULT WITH AN ATTORNEY PRIOR TO
EXECUTION OF THIS AGREEMENT. HAVING ELECTED TO EXECUTE THIS AGREEMENT, TO
FULFILL THE PROMISES SET FORTH HEREIN, AND TO RECEIVE THEREBY THE SUMS AND
BENEFITS SET FORTH IN PARAGRAPH "2" ABOVE, LASTLY EMPLOYEE FREELY AND KNOWINGLY,
AND AFTER DUE CONSIDERATION, ENTERS INTO THIS AGREEMENT INTENDING TO WAIVE,
SETTLE AND RELEASE ALL CLAIMS THEY HAVE OR MIGHT HAVE AGAINST EMPLOYER.
THEREFORE, the parties to this Agreement now voluntarily and knowingly execute
this Agreement.
EMPLOYEE:
/s/ Terry Washburn
Terry Washburn
EMPLOYER:
USN CORPORATION
By:
/s/ Mark J. Miller
Name:
Mark J. Miller
Title:
C.E.O.
USN TELEVISION GROUP, INC.
By:
/s/ Mark J. Miller
Name:
Mark J. Miller
Title:
President
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