Document:

ex10-2.htm

    EXHIBIT
      10.2

     

    LANDBANK
      GROUP, INC.

    OPTION
      TERMINATION AGREEMENT

     

    

     

    THIS
      OPTION TERMINATION AGREEMENT (this “Agreement”) is made as of
      August __, 2007, by and among Landbank Group, Inc., a Delaware corporation
      (the
“Company”), and ___________________________ (the
“Option Holder”).

     

    RECITALS

     

    WHEREAS,
      the Option Holder received options (the “Options”), dated
      ____________, to purchase ___________ shares of the Common Stock, par value
      $0.0001 per share, of the Company;

     

    WHEREAS,
      as of the date hereof, the Option Holder has not exercised any of the Options,
      nor have any of the Options vested; and

     

    WHEREAS,
      the Company desires, and the Option Holder agrees, to explicitly terminate
      the
      Options as of the date of this Agreement;

     

    AGREEMENT

     

    NOW,
      THEREFORE, for good and valuable consideration the sufficiency of which is
      hereby acknowledged, the parties, intending to be legally bound, hereby agree
      as
      follows:

     

    1.           Termination
      of Options.  The Company and the Option Holder hereby agree to
      terminate the Options, effective as of the date of this Agreement.

     

    2.           Authorization.  Each
      party hereto represents and warrants that it is authorized to take the actions
      contemplated hereunder and shall take such further actions and do such further
      things necessary to fulfill the purposes of this Agreement.

     

    3.           Governing
      Law.  This Agreement shall be governed, construed and interpreted
      in accordance with the laws of the State of California, without giving effect
      to
      principles of conflicts of law.

     

    

     

    [Signature
      Page Follows]

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
      date
      first above written.

     

    

     

    LANDBANK
      GROUP, INC.

     

    

     

    By:                                                                  
      

     

    Name:                                                             
      

     

    Its:                                                                        

     

    

     

    OPTION
      HOLDER

     

    

     

    By:                                                                  
               

     

    Name:                                                                     

              
      (please print)ex10-3.htm

    EXHIBIT
      10.3

     

     

    August
      9,
      2007

    

    

    Re:           Consulting
      Agreement/Agreement of Sale

    

    Gentlemen:

    

    Reference
      is made to that certain
      Consulting Agreement/Agreement of Sale, dated August 22, 2005, as amended by
      a
      First Amendment dated May 4, 2006, between Aziz Munir and Ray Dirks, both of
      whom are unrelated third party consultants, and Landbank Group, Inc., a Delaware
      corporation (“LBG”).

    

    As
      of the
      date hereof, each party desires to extinguish any and all obligations of the
      other party under such Agreement.  In consideration of the foregoing
      and for other good and valuable consideration, the parties hereby agree that
      the
      Agreement shall be immediately terminated in full and all obligations,
      including, but not limited to, the 400,000 shares of unissued common stock,
      200,000 shares to Ray Dirks and 200,000 shares Aziz Munir, all to be new
      certificates. These were to be issued upon the achievement of specified
      milestones, of the parties thereunder are hereby extinguished. Please confirm
      that the foregoing is in accordance with your understanding by signing and
      returning to us the duplicate of this letter enclosed.

     

    

    

    Yours
      truly,

     

    
                                                                                               
/s/ Doug
      Gravink                

    Doug
      Gravink

    Chief
      Executive Officer

    

    

    

    Accepted
      and agreed to

    this
      12th
      day of September, 2007:

     

    

    

    By:   /s/
      Aziz
      Munir                            

    

    Name: 
      Aziz
      Munir                              

    

    

    By: /s/
      Ray
      Dirks                                  

    

    Name: Ray
      Dirksex10-4.htm

    EXHIBIT
      10.4

     

     

    August
      9,
      2007

    

    

    Re:           Agreement
      of Sale

    

    Gentlemen:

    

    Reference
      is made to that certain Agreement of Sale, dated August 1, 2005, as amended
      by a
      First Amendment dated June 27, 2006 and assigned in October 2006 (the
“Agreement”), between Investment Capital Researchers, Inc., a California
      corporation (“ICR”), Landbank Group, Inc., a Delaware corporation
      (“LBG”).

    

    As
      of the
      date hereof, each party desires to extinguish any and all obligations of the
      other party under such Agreement.  In consideration of the foregoing
      and for other good and valuable consideration, the parties hereby agree that
      the
      Agreement shall be immediately terminated in full and all obligations,
      including, but not limited to, the 200,000 shares of unissued common stock
      that
      were to be issued upon the achievement of specified milestones, of the parties
      thereunder are hereby extinguished. Please confirm that the foregoing is in
      accordance with your understanding by signing and returning to us the duplicate
      of this letter enclosed.

     

    

    

    Yours
      truly,

     

     

                                                                                                   
/s/ Doug
      Gravink                

    Doug
      Gravink

    Chief
      Executive Officer

    

    

    

    Accepted
      and agreed to

    this
      12th
      day of September, 2007:

     

    Investment
      Capital Researchers, Inc.

    

    By:  /s/
      Stephen
      Weber                           

    

    Name:                                                         
      

    

    Title:ex10-5b.htm

    EXHIBIT
      10.5

     

    DEMAND
      PROMISSORY NOTE

    

    

     

     

    
      	$                                                      
              	 
	Los
              Angeles, California	
              September
                20, 2007

            

    

     

    

    

    FOR
      VALUE
      RECEIVED and to memorialize certain undocumented lending transactions that
      occurred prior to the date hereof, Landbank, LLC, a California limited liability
      company ("Obligor"), promises to pay to the order of
      ______________ ("Holder"), at Los Angeles, California, or such
      other place as may be designated from time to time by Holder in writing, the
      principal sum of _________________ Dollars ($________) with simple interest
      on
      the unpaid principal from August 31, 2007 at the rate of eight percent (8%)
      per
      annum.  This note supersedes and cancels those certain unsecured and
      undocumented promissory obligations entered into prior to the date hereof,
      in
      the aggregate amount equal to $________ (representing principal and interest
      accrued through August 31, 2007) between the parties, and such cancellation
      is
      hereby acknowledged by the Holder.

    

    The
      outstanding principal amount of this Demand Promissory Note (this
“Note”), together with all accrued but unpaid interest, shall
      be due and payable on the first Business Day (as defined below) following
      demand.

    

    All
      accrued and unpaid interest on the principal of this Note shall also be due
      and
      payable on the earlier of (i) the payment or prepayment, in full or in part,
      of
      any of the principal of this Note, (ii) the acceleration of the Note, and (iii)
      demand by Holder.  For purposes of this Note, “Business
      Day” means any day except a Saturday, Sunday or other day on which
      commercial banks in Los Angeles, California are authorized or required by law
      to
      close.

    

    Obligor
      and all endorsers hereof hereby expressly waive presentment for payment, notice
      of dishonor, protest and notice of protest, and agree that the time for the
      payment or payments of any part of this Note may be extended without releasing
      or otherwise affecting Obligor's liability on this Note.

    

    The
      entire unpaid principal balance of, and all accrued and unpaid interest on,
      this
      Note shall immediately be due and payable upon the occurrence of Obligor’s (a)
      commencement of a voluntary case under Title 11 of the United States Code,
      or
      (b) filing an answer or other pleading admitting or failing to deny the material
      allegations of a petition filed against Obligor commencing an involuntary case
      under said Title 11 or failure to controvert timely the material allegations
      of
      such petition.

    

    Obligor
      may prepay this Note at any time without penalty.  If any amount under
      this Note is not paid when due, Obligor promises to pay all costs of collection
      and reasonable attorneys' fees incurred by the holder hereof on account of
      such
      collection.

    

    This
      Note
      shall be governed by and construed and enforced in accordance with the laws
      of
      the State of California, without regard to conflict of laws
      principles.

    

    IN
      WITNESS WHEREOF, the undersigned has executed this Note on the day and
      date first set forth above.

    

    

    

    OBLIGOR:

    LANDBANK,
      LLC

    

    

    By:_________________________

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