Document:

SETTLEMENT
      AGREEMENT AND GENERAL RELEASE

     

    This
      Settlement Agreement and General Release ("Agreement") is made and entered
      into
      on this the ______ day of October, 2007, by, between and among the following
      parties: Wayne Wade a/k/a N. Wayne Wade (“Wade”), Bio Solutions Manufacturing,
      Inc. (“BSLM”), Bio Solutions Production, Inc. (“BSP”), Louis H. Elwell III
      (“Elwell”), Bio Solutions Franchise Corp. (“BSFC”), Innovative Industries, LLC
      (“Innovative”) , BioSolutions of Louisiana, LLC (“BSL”), Environmental Services
      of Mississippi, LLC (“ESM”), Wade’s Farm, LLC (“WFL”), Sabrina Baio (“Baio”),
      Amanda Best (“Best”), David S. Bennett (“Bennett”), Patricia M. Spreitzer
      (“Spreitzer”), and Tarun Mendiratta (“Mendiratta”), hereinafter collectively
      referred to as the "Parties". BSLM, BSP, Bennett, and Spreitzer are collectively
      defined as the “BSLM Parties”. Wade, Elwell, BSFC, Innovative, BSL, ESM, WFL,
      Baio and Best are collectively defined as the “BSFC Parties”. The Parties hereby
      agree as follows:

     

    WHEREAS,
      on June 8, 2007, Wade initiated an action against BSLM in the United States
      District Court for the Southern District of Mississippi, Hattiesburg Division
      (the “Court”), Civil Action No. 2:07cv000118-KS-MTP in which the Parties
      subsequently raised numerous, counterclaims, cross claims and third party claims
      against each other (the "Action"); and

     

    WHEREAS,
      on July 30, 2007, BSLM filed its Answer and Counterclaim against Wade, and
      together with BSP, asserted claims against the BSFC Parties in this Action;
      and

     

    WHEREAS,
      on September 14, 2007, the BSFC Parties filed an Answer to Counterclaim, Reply
      to Defendants’ Affirmative Defenses, Counterdefendants’ Affirmative Defenses,
      Counterclaim and Third Party Complaint against the BSLM Parties and Mendiratta;
      and

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    WHEREAS,
      the Parties wish to settle and compromise this controversy due to the cost
      and
      uncertainty of protracted litigation.

     

    THEREFORE,
      and in consideration of the covenants and promises set forth herein, the Parties
      hereby covenant and agree as follows:

     

    1. BSFC
      Parties will purchase and/or acquire the following from the BSLM
      Parties:

     

    
      	 	
              (a)

            	
              the
                BSLM Parties’ equipment located at 1161 James Street in Hattiesburg,
                Mississippi, pursuant to a Bill of Sale in the form attached hereto
                as
                Exhibit 1, 

            

    

    
      	 	
              (b)

            	
              a
                perpetual, royalty-free license granted to BSFC by BSP to manufacture,
                use
                and sell the Formulations-based products, pursuant to a License Agreement
                in the form attached hereto as Exhibit
                2

            

    

    
      	 	
              (c)

            	
              the
                procurement of Peter Chapin’s transfer of 100,000 shares of BSFC common
                stock held by Peter Chapin pursuant to Section 6 hereof;
                

            

    

    
      	 	
              (d)

            	
              The
                procurement of Peter Chapin’s waiver/cancellation of his right to receive
                an additional 100,000 shares of BSFC common stock pursuant to Section
                6
                hereof;

            

    

    
      	 	
              (e)

            	
              The
                guarantee of BSLM set forth in Section 7 hereof;
                

            

    

    
      	 	
              (f)

            	
              Acknowledgement
                of release, accord, and satisfaction of all BSFC parties’ debts claimed by
                the BSLM Parties and Mendiratta;
                and

            

    

    
      	 	
              (g)

            	
              The
                releases of the BSLM Parties set forth in Section 15 hereof.
                

            

    

     

    
      
        
        

      

      
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    In
      consideration for the foregoing, the BSLM Parties shall receive the
      following:

     

    
      	 	
              (a)

            	
              8,826,809
                shares of BSLM common stock held by BSFC and Innovative, represented
                by
                stock certificates No. 10135, 10158, and 10178, which certificates
                shall
                be delivered to BSLM, duly endorsed or delivered with blank stock
                powers
                appropriately executed, and in either case signature medallion guaranteed,
                in the name of BSLM, within sixty (60) days from the date of this
                Agreement;

            

    

    
      	 	
              (b)

            	
              The
                books and records set forth in Section 2
                below;

            

    

    
      	 	
              (c)

            	
              Acknowledgement
                of release, accord, and satisfaction of all BSLM parties’ and Mendiratta’s
                debts claimed by the BSFC Parties;
                and

            

    

    
      	 	
              (d)

            	
              The
                releases of the BSFC Parties set forth in Section 16
                hereof

            

    

     

    2. Concurrently
      with the execution of this Agreement, the BSFC Parties will return to the BSLM
      Parties all of the BSLM Parties’ and Bio-Extraction Services, Inc.’s books and
      records in their possession, custody, or control, including the Formulations,
      to
      the extent not already provided. In furtherance thereof, each BSFC Party shall
      execute and deliver to the BSLM Parties a certification of compliance in the
      form attached hereto as Exhibit 3.

     

    3. The
      BSFC
      Parties may continue to make Formulations-based products royalty-free pursuant
      to the License Agreement.

     

    4. The
      BSLM
      Parties are the owners of the Formulations described in the Asset Purchase
      Agreement, and may continue to manufacture, sell and market their own
      products.

     

    
      
        
        

      

      
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    5. All
      agreements between the BSFC Parties, on the one hand, and the BSLM Parties,
      on
      the other hand, dated before October 4, 2007 and specifically excepting those
      referenced in Exhibit “1” though “6” hereto, are cancelled, terminated, and held
      for naught, and are of no further force or effect.

     

    6. Peter
      Chapin will transfer the outstanding 100,000 BSFC shares owned by him to BSFC’s
      designee within thirty days of the date of this Agreement and will cancel the
      outstanding BSFC stock option he owns for an additional 100,000 shares pursuant
      to a Waiver of Right to Receive Stock in the form attached hereto as Exhibit
      4.

     

    7. In
      addition, Peter Chapin will sell the 200,000 BSLM shares owned by him in the
      market and remit the proceeds to BSFC’s designee, said proceeds to equal
      $25,000.00 to be paid within thirty days of the date of this Agreement, pursuant
      to a limited recourse promissory note in the form attached hereto as Exhibit
      5.
      BSLM will guarantee payment of this note pursuant to a Guarantee in the form
      attached hereto as Exhibit 6. 

     

    8. The
      Parties will issue a global retraction of the allegations made against each
      other as follows:

    

    
      	 	
              (a)

            	
              BSLM
                will issue a press release in substantially the form attached hereto
                as
                Exhibit “7” to be released on a Monday through Thursday, before market
                opening time, on a day which is not a legal holiday, and within one
                business day of the filing of the dismissal referenced in paragraph
                9.

            

    

    

    
      	 	
              (b)

            	
              BSLM
                will file with the SEC an amended SB-2 in October 2007, an amended
                10-Q
                for the July 31,
                2007
                quarter, an 8-K (with a copy of the approved form of the press release
                attached) within ten business days of signing the Settlement Agreement,
                and 10-K in January 2008, the terms of all of which reports and/or
                registration statements shall be specifically approved by BSFC’s
                representatives only as to their conformity with terms of this Agreement.
                Such approval may not be unreasonably
                withheld.

            

    

     

    
      
        
        

      

      
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    9. The
      Action pending in the Southern District of Mississippi, Hattiesburg Division,
      Cause Number 2:07cv00118-KS-MTP shall be dismissed with prejudice as to all
      parties.

     

    10. The
      Parties acknowledge that in consideration of the foregoing, BSFC is receiving
      the following consideration:

    

    
      	 	
              a.

            	
              All
                equipment, raw materials, inventory and work in process currently
                on
                Innovative Industries premises in Hattiesburg,
                Mississippi;

            

    

    

    
      	 	
              b.

            	
              Perpetual
                license as set forth above;

            

    

    

    
      	 	
              c.

            	
              BSFC
                stock, and right to receive BSFC stock, held in the name
                of;

            

    

    

    
      	 	
              d.

            	
              $25,000.00;
                

            

    

    

    
      	 	
              e.

            	
              Acknowledgement
                of release, accord, and satisfaction of all BSFC parties’ debts claimed by
                the BSLM Parties and Mendiratta;
                and

            

    

    

    
      	 	
              f.

            	
              A
                general release of all claims in the Action and
                otherwise.

            

    

    

    11. The
      Parties acknowledge that in consideration of the foregoing, BSLM is receiving
      the following consideration:

    

    
      	 	
              a.

            	
              8,826,809
                shares of BSLM stock as stated above valued at 12.5 cents per share
                as of
                October 4, 2007;

            

    

    

    
      	 	
              b.

            	
              Exclusive
                marketing rights presently owned by BSFC to BSLM’s cleaning and bacteria
                products; 

            

    

    

    
      	 	
              c.

            	
              Acknowledgement
                of release, accord, and satisfaction of all BSLM parties’ and Mendiratta’s
                debts claimed by the BSFC Parties; and

            

    

    

    
      	 	
              d.

            	
              A
                general release of all claims in the Action and
                otherwise.

            

    

     

    
      
        
        

      

      
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    12. The
      Parties agree to consult in good faith with each other on any tax asset
      valuation issues relating to the settlement.

     

    13. The
      Parties shall execute all necessary documents to effectuate paragraphs 1 through
      12 of this Agreement in substantially the form attached hereto as Exhibits
      "1
      through “7”.

     

    14. The
      Parties shall execute the Stipulations for Entry of Judgment as to Defendants
      BSFC and Innovative in the form attached hereto as Exhibit 8 and Exhibit 9.
      The
      Parties agree that the BSLM Parties may submit the Stipulations for Entry of
      Judgment to the Court for Entry of Judgment at any time after sixty days from
      the date of this Agreement if the BSLM Parties have not received the 8,826,809
      shares of BSLM common stock as referenced in Section 1 hereto on or before
      such
      date. The Stipulations for Entry of Judgment shall not be filed with the Court
      unless the BSLM Parties have not received the 8,826,809 shares of BSLM common
      stock as referenced in Section 1 hereto on or before sixty days from the date
      of
      this Agreement.

     

    15. Except
      as
      to any breach of this Agreement or the License Agreement, Mendiratta, for
      himself and only himself, and the BSLM Parties, for themselves and for the
      BSLM
      Parties’ respective legal representatives, attorneys, successors, heirs,
      assigns, beneficiaries, executors, trustees, conservators, partners, employees,
      agents, principals, insurers, associated or affiliated entities and any and
      all
      other persons, firms, partnerships, associations, organizations and/or
      corporations, predecessors-in-interest, successors-in-interest, or any other
      entity into which any of these may be merged or consolidated whatsoever , and
      whomsoever may claim by, under or through them, and all persons acting by,
      through, under or in concert with any of them hereby fully, completely,
      irrevocably, and unconditionally forever release, remise, acquit, and discharge
      the BSFC Parties, and all of their respective legal representatives, successors,
      assigns, employees, partners, agents, principals, attorneys, parent
      corporations, subsidiaries, divisions, stockholders, officers, directors,
      affiliates, associated and/or affiliated companies, assigns, predecessors,
      and
      successors from and against any and all claims, debts, demands, liabilities,
      obligations, actions, losses, costs, promises, covenants, agreements, contracts,
      endorsements, bonds, controversies, suits, actions, causes of action,
      misrepresentations, defamatory statements, tortuous conduct, acts or omissions,
      rights, obligations, liabilities, judgments, damages, expenses, attorneys'
      fees,
      claims, counterclaims, cross-claims, or demands, in law or equity, asserted
      or
      unasserted, express or implied, foreseen or unforeseen, real or imaginary,
      alleged or actual, suspected or unsuspected, known or unknown, liquidated or
      non-liquidated, of any and every kind or nature or description whatsoever,
      anticipated or unanticipated, vested or contingent, accrued or hereafter to
      accrue that arise out of or are in any way related to the matters addressed
      either explicitly or implicitly in the Action. 

     

    
      
        
        

      

      
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    16. Except
      as
      to any breach of this Agreement, the License Agreement, or the Guarantee, the
      BSFC Parties for themselves and their respective legal representatives,
      attorneys, successors, heirs, assigns, beneficiaries, executors, trustees,
      conservators, partners, employees, agents, principals, insurers, associated
      or
      affiliated entities and any and all other persons, firms, partnerships,
      associations, organizations and/or corporations, predecessors-in-interest,
      successors-in-interest, or any other entity into which any of these may be
      merged or consolidated whatsoever , and whomsoever may claim by, under or
      through them, and all persons acting by, through, under or in concert with
      any
      of them hereby fully, completely, irrevocably, and unconditionally forever
      release, remise, acquit, and discharge Mendiratta, for himself and only himself,
      and the BSLM Parties, and the BSLM Parties’ respective legal representatives,
      successors, assigns, employees, partners, agents, principals, attorneys, parent
      corporations, subsidiaries, divisions, stockholders, officers, directors,
      affiliates, associated and/or affiliated companies, assigns, predecessors,
      and
      successors from and against any and all claims, debts, demands, liabilities,
      obligations, actions, losses, costs, promises, covenants, agreements, contracts,
      endorsements, bonds, controversies, suits, actions, causes of action,
      misrepresentations, defamatory statements, tortuous conduct, acts or omissions,
      rights, obligations, liabilities, judgments, damages, expenses, attorneys'
      fees,
      claims, counterclaims, cross-claims, or demands, in law or equity, asserted
      or
      unasserted, express or implied, foreseen or unforeseen, real or imaginary,
      alleged or actual, suspected or unsuspected, known or unknown, liquidated or
      non-liquidated, of any and every kind or nature or description whatsoever,
      anticipated or unanticipated, vested or contingent, accrued or hereafter to
      accrue that arise out of or are in any way related to the matters addressed
      either explicitly or implicitly in the Action.

     

    
      
        
        

      

      
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    17. Each
      Party acknowledges and understands that hereafter it may discover or appreciate
      claims, facts, issues, or concerns in addition to or different from those that
      it now knows or believes to exist with respect to the subject matter of this
      Agreement that, if known or suspected at the time of execution of this
      Agreement, might have materially affected the settlement embodied herein. Each
      Party nevertheless agrees that it has taken that possibility into account and
      that it is the intention of each Party to fully, finally and forever settle
      and
      release the matters, disputes and differences, now known or unknown, suspected
      or unsuspected, arising out of or in any way relating to the matters released
      pursuant Paragraphs 15 and 16 of this Agreement , and that the general releases
      and waivers described in Paragraphs 15 and 16 above apply to any such additional
      or different claims, facts, issues, or concerns.

     

    
      
        
        

      

      
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    18. In
      executing and delivering this Agreement, the Parties rely wholly upon their
      own
      judgment, knowledge, and belief as to the nature, extent, and duration of the
      injuries, loss and damage which they may have suffered or sustained, or may
      sustain in the future, if any, and as to the questions of liability involved.
      All Parties herein expressly represent and agree that they have had the benefit
      of counsel of their own choosing, said counsel having indicated approval of
      this
      Agreement by affixing their respective signatures hereto.

     

    19. The
      Parties further covenant and agree that no representations, statements,
      covenants, promises, warranties or agreements not expressly set forth herein
      or
      the exhibits hereto have been made or relied upon by any Party to the other
      or
      by any Party's representative to the other, that this Agreement and the exhibits
      hereto contain the entire agreement between and among the Parties in all
      particulars, and that the Parties enter this Agreement voluntarily.

     

    20. This
      Agreement may be executed in multiple counterparts, with the total parts
      comprising the Agreement.

     

    21. Should
      it
      develop that there are any errors, mistakes or omissions in this Agreement,
      whether mutual or unilateral, which cause the releases or other covenants set
      forth herein to be defective or less than complete, the Parties will execute
      any
      and all supplemental instruments and do any and all things necessary to
      effectuate a final, complete and effective release and Agreement as set forth
      herein.

     

    
      
        
        

      

      
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    22. The
      Parties represent and warrant that they have the sole right and exclusive
      authority to execute this Agreement and that they have not sold, assigned,
      transferred, conveyed or otherwise disposed of all or any part of any such
      claims, debts, demands, liabilities, obligations, actions, causes of action,
      suits, damages, attorneys' fees, costs and/or expenses arising from the matters
      addressed either explicitly or implicitly by the Action.

     

    23. This
      Agreement shall be deemed to be entered into in the State of Mississippi.

     

    24. In
      the
      event any Party to this Agreement must pursue enforcement of the terms hereof
      and prevails, the breaching Party hereby agrees to pay the nonbreaching Party's
      costs and reasonable attorneys' fees in full.

     

    25. Each
      Party shall bear its own attorney’s fees, costs and expenses, and consultants,
      advisors and experts’ fees, costs and expenses, arising or relating to the
      Action and the negotiation, execution and delivery of this Agreement and the
      exhibits hereto.

     

    26. In
      the
      event that any portion of the consideration for this Agreement should be set
      aside by any court of competent jurisdiction in any state or federal proceeding
      for any reason, the Parties agree that they shall have all of their respective
      rights against each other that they had prior to execution of this
      Agreement.

    
      
        
        

      

      
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    WITNESS
      OUR SIGNATURES, the ______ day of ________________, 2007.

     

    
      
        	
                BIO
                  SOLUTIONS MANUFACTURING, INC.

              	 	 	
              
	 	 	
                N.
                  WAYNE WADE

              
	
                By:

              	 	 	 	 
	
                Its:
                  

              	 	 	 	 
	 	 	 
	
                BIO
                  SOLUTIONS PRODUCTION, INC.

              	 	 	
              
	 	 	
                
                  LOUIS
                    H. ELWELL III

                

              
	
                By:

              	 	 	 	 
	
                Its:

              	 	 	 	 
	 	 	 
	
                BIO
                  SOLUTIONS FRANCHISE CORP.

              	 	 	
              
	 	 	
                SABRINA
                  BAIO

              
	
                By:

              	 	 	 	 
	
                Its:

              	 	 	 	 
	 	 	 
	
                INNOVATIVE
                  INDUSTRIES, LLC

              	 	 	
              
	 	 	
                AMANDA
                  BEST

              
	
                By:

              	 	 	 	 
	
                Its:

              	 	 	 	 
	 	 	 
	
                ENVIRONMENTAL
                  SERVICES OF 

              	 	 	
              
	
                MISSISSIPPI,
                  LLC

              	 	
                PATRICIA
                  M. SPREITZER

              
	 	 	 
	
                By:

              	 	 	 	 
	
                Its:

              	 	 	 	 
	 	 	 
	
                BIO-SOLUTIONS
                  OF LOUISIANA, LLC

              	 	 	
              
	 	 	
                DAVID
                  S. BENNETT

              
	
                By:

              	 	 	 	 
	
                Its:

              	 	 	 	 

      

    

     

    
      
        
        

      

      
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                WADE’S
                  FARM, LLC

              

            	 	 	
            
	 	 	
              
                TARUN
                  MENDIRATTA

              

            
	
              By:

            	 	 	 	 
	
              Its:

            	 	 	 	 

    

     

     

    APPROVED:

     

     

      
        

      

    

    KRISTINA
      M. JOHNSON, Counsel for

    Bio
      Solutions Manufacturing, Inc., Bio Solutions

    Production,
      Inc., Dave Bennett and Pat Spreitzer

     

    

      

    

    F.
      DOUGLAS MONTAGUE III, Counsel for

    Wayne
      Wade, Louis H. Elwell III, Bio Solutions

    Franchise
      Corp., Innovative Industries, LLC,

    BioSolutions
      of Louisiana, LLC, Environmental

    Services
      of Mississippi, LLC, Wade’s Farm, LLC,

    Sabrina
      Baio and Amanda Best

     

    
      
        
        

      

      
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    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named ____________________________ before me, who acknowledged that (s)he is
      ____________________________ of BIO SOLUTIONS MANUFACTURING, INC., a New York
      corporation, and that for and on behalf of said corporation, and as its act
      and
      deed, executed the above and foregoing instrument after first having been duly
      authorized by said corporation to do so.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
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          13 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named ____________________________ before me, who acknowledged that (s)he is
      ____________________________ of BIO SOLUTIONS PRODUCTION, INC., a Nevada
      corporation, and that for and on behalf of said corporation, and as its act
      and
      deed, executed the above and foregoing instrument after first having been duly
      authorized by said corporation to do so.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
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          14 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named ____________________________ before me, who acknowledged that (s)he is
      ____________________________ of BIO SOLUTIONS FRANCHISE CORP., a Florida
      corporation, and that for and on behalf of said corporation, and as its act
      and
      deed, executed the above and foregoing instrument after first having been duly
      authorized by said corporation to do so.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    

    
      
        
        

      

      
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          15 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named ____________________________ before me, who acknowledged that (s)he is
      ____________________________ of INNOVATIVE INDUSTRIES, LLC, a Mississippi
      limited liability company, and that for and on behalf of said corporation,
      and
      as its act and deed, executed the above and foregoing instrument after first
      having been duly authorized by said corporation to do so.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
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          16 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named ____________________________ before me, who acknowledged that (s)he is
      ____________________________ of ENVIRONMENTAL SERVICES OF MISSISSIPPI, a
      Mississippi limited liability company, and that for and on behalf of said
      corporation, and as its act and deed, executed the above and foregoing
      instrument after first having been duly authorized by said corporation to do
      so.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
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          17 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named ____________________________ before me, who acknowledged that (s)he is
      ____________________________ of BIO-SOLUTIONS OF LOUISIANA, LLC, a Mississippi
      limited liability company, and that for and on behalf of said corporation,
      and
      as its act and deed, executed the above and foregoing instrument after first
      having been duly authorized by said corporation to do so.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
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          18 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named ____________________________ before me, who acknowledged that (s)he is
      ____________________________ of WADE’S FARM, LLC, a Mississippi limited
      liability company, and that for and on behalf of said corporation, and as its
      act and deed, executed the above and foregoing instrument after first having
      been duly authorized by said corporation to do so.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
        -
          19 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named N. WAYNE WADE before me, who first being duly sworn, did state upon his
      oath and acknowledged to me that he signed the above and foregoing Settlement
      Agreement and General Release on the day and year therein stated after first
      having read and understood its terms and that the matters and things therein
      stated are true and correct.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
        -
          20 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named LOUIS H. ELWELL III before me, who first being duly sworn, did state
      upon
      his oath and acknowledged to me that he signed the above and foregoing
      Settlement Agreement and General Release on the day and year therein stated
      after first having read and understood its terms and that the matters and things
      therein stated are true and correct.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
        -
          21 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named SABRINA BAIO before me, who first being duly sworn, did state upon her
      oath and acknowledged to me that she signed the above and foregoing Settlement
      Agreement and General Release on the day and year therein stated after first
      having read and understood its terms and that the matters and things therein
      stated are true and correct.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
        -
          22 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named AMANDA BEST before me, who first being duly sworn, did state upon her
      oath
      and acknowledged to me that she signed the above and foregoing Settlement
      Agreement and General Release on the day and year therein stated after first
      having read and understood its terms and that the matters and things therein
      stated are true and correct.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
        -
          23 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

    COUNTY
      OF
      _______________

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named PAT SPREITZER before me, who first being duly sworn, did state upon her
      oath and acknowledged to me that she signed the above and foregoing Settlement
      Agreement and General Release on the day and year therein stated after first
      having read and understood its terms and that the matters and things therein
      stated are true and correct.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
        -
          24 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named DAVE BENNETT before me, who first being duly sworn, did state upon his
      oath and acknowledged to me that he signed the above and foregoing Settlement
      Agreement and General Release on the day and year therein stated after first
      having read and understood its terms and that the matters and things therein
      stated are true and correct.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

    
      
        
        

      

      
        -
          25 -

        
          

        

      

      
        
        

      

    

    STATE
      OF
      _______________

     

    COUNTY
      OF
      _______________

     

    Personally
      appeared before me, the undersigned authority in and for the said county and
      state, on this _______ day of October, 2007, within my jurisdiction, the within
      named TARUN MENDIRATTA before me, who first being duly sworn, did state upon
      his
      oath and acknowledged to me that he signed the above and foregoing Settlement
      Agreement and General Release on the day and year therein stated after first
      having read and understood its terms and that the matters and things therein
      stated are true and correct.

     

    _____________________________________

    NOTARY
      PUBLIC

     

    My
      Commission Expires:

     

    ______________________

     

    (Affix
      official seal)

     

    
      
        
        

      

      
        -
          26 -AGREEMENT

    

    This
      Agreement (“Agreement”) is made as of October 30, 2007 by and among Bio
      Solutions Manufacturing, Inc., a New York corporation (the “Company”) and Peter
      E. Chapin (the “Seller”).

    

    RECITALS

    

    A. On
      or
      about December 8, 2005, Bio Extraction Services, Inc. (“BESI”), a New York
      corporation and wholly-owned subsidiary of Bio-Solutions Franchise Corp.
      (“BSFC”), acquired the business of Applied Chemical Technologies (the “ACT
      Business”) from the Seller for (i) $50,000.00, (ii) 200,000 shares of common
      stock of the Company held by BSFC, (iii) 100,000 shares of common stock of
      BSFC,
      and (iv) a right to receive an additional 100,000 shares of common stock of
      BSFC
      upon the achievement of certain business milestones.

    

    B. On
      or
      about June 30, 2006, BSFC sold all of the capital stock of BESI to the Company
      in exchange for shares of the Company’s common stock.

    

    C. In
      July
      2007, in an action pending against the Company in the United States District
      Court for the Southern District of Mississippi, Hattiesburg Division (the
“Court”), Civil Action No. 2:07cv000118-KS-MTP (the “Action”), the Company filed
      a counterclaim against BSFC, among others, alleging, among other things, that
      BSFC’s acquisition of the ACT Business constituted a usurpation of corporate
      opportunity.

    

    D. On
      or
      about October 22, 2007, the parties to the Action, including the Company and
      BSFC, entered into a settlement agreement (the “Settlement Agreement”), pursuant
      to which the Seller agreed to (i) transfer the 100,000 shares of BSFC common
      stock back to BSFC, (ii) waive his right to receive an additional 100,000 shares
      of BSFC common stock, and (iii) issue a limited recourse promissory note in
      the
      amount of $25,000 to BSFC (or its designee).

    

    E. As
      additional consideration for Seller’s indirect sale of the ACT Business to the
      Company and in consideration for the Seller’s agreement to (i) transfer the
      100,000 shares of BSFC common stock back to BSFC, (ii) waive his right to
      receive an additional 100,000 shares of BSFC common stock, and (iii) issue
      a
      limited recourse promissory note in the amount of $25,000 to BSFC (or its
      designee), the Company desires to issue 750,000 shares (the “Shares”) of the
      Company’s common stock, par value $0.001 per share (the “Common
      Stock”),
      to the
      Seller on the terms and subject to the conditions set forth herein.

     

    
      
         

        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    AGREEMENT

    

    It
      is
      agreed as follows:

    

    1. ISSUANCE
      OF SHARES.

    

    1.1 Issuance
      of Shares.
      In
      reliance upon the representations and warranties of the Company and the Seller
      contained herein and subject to the terms and conditions set forth herein,
      the
      Company agrees to issue the Shares to the Seller,
      as
      follows:

    

    1.1.1 The
      Company shall issue 250,000 Shares concurrently with the execution of this
      Agreement, or as soon thereafter as practicable.

    

    1.1.2 The
      Company shall issue 500,000 Shares upon the earlier of (a) April 30, 2008,
      or
      (b) no
      later
      than ten days of the Company’s receipt of a written certification, together with
      reasonable documentation, that BESI and/or the Company has received ASTM
      approval of B100
      bio
      diesel fuel converted by BESI and/or the Company from liquid trap brown grease.
      

    

    1.2 Deemed
      Consideration. It
      is
      intended by the parties hereto that the Shares are considered additional and
      supplemental consideration to the Seller for the indirect sale of the ACT
      Business to the Company. 

     

    2. REPRESENTATIONS
      AND WARRANTIES OF THE COMPANY.

    

    The
      Company represents and warrants that the following statements are true and
      correct in all material respects as of the date hereof, except as expressly
      qualified or modified herein.

    

    2.1 Organization
      and Good Standing.
      The
      Company is a corporation duly organized, validly existing, and in good standing
      under the laws of the State of New York and has full corporate power and
      authority to enter into and perform its obligations under this Agreement, and
      to
      own its properties and to carry on its business as presently conducted and
      as proposed
      to be conducted. The
      Company is duly qualified to do business as a foreign corporation in every
      jurisdiction in which the failure to so qualify would have a material adverse
      effect upon the Company.

     

    2.2 Validity
      of Transactions.
      This
      Agreement, and each document executed and delivered by the Company in connection
      with the transactions contemplated by this Agreement, including this Agreement,
      have been duly authorized, executed and delivered by the Company and is each
      the
      valid and legally binding obligation of the Company, enforceable in accordance
      with its terms, except as limited by applicable bankruptcy, insolvency
      reorganization and moratorium laws and other laws affecting enforcement of
      creditor’s rights generally and by general principles of equity.

     

    2.3 Valid
      Issuance of Shares.
      The
      Shares to be issued hereby, when issued and delivered in accordance with the
      terms hereof for the consideration expressed herein, will be duly and validly
      issued, fully paid and nonassessable and free of restrictions on transfer,
      other
      than restrictions on transfer under this Agreement and under applicable federal
      and state securities laws. 

    
      
         

        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    2.4 No
      Violation.
      The
      execution, delivery and performance of this Agreement has been duly authorized
      by the Company’s Board of Directors and will not violate any law or any order of
      any court or government agency applicable to the Company, as the case may be,
      or
      the Articles of Incorporation or Bylaws of the Company.

     

    2.5 SEC
      Reports and Financial Statements.
      

     

    2.5.1 The
      Company has delivered or made available to the Seller accurate and complete
      copies (excluding copies of exhibits) of each report, registration statement
      and
      definitive proxy statement filed by the Company with the SEC since October
      31,
      2004 (collectively, with all information incorporated by reference therein
      or
      deemed to be incorporated by reference therein, the “SEC Reports”). All
      statements, reports, schedules, forms and other documents required to have
      been
      filed by the Company with the SEC have been so filed on a timely basis, except
      as indicated in such SEC Reports. As of the time it was filed with the SEC
      (or,
      if amended or superseded by a filing prior to the date of this Agreement, then
      on the date of such filing): (i) each of the SEC Reports complied in all
      material respects with the applicable requirements of the Securities Act of
      1933, as amended (the “1933 Act”), or the Securities Exchange Act of 1934, as
      amended (the “1934 Act”); and (ii) none of the SEC Reports contained any untrue
      statement of a material fact or omitted to state a material fact required to
      be
      stated therein or necessary in order to make the statements therein, in the
      light of the circumstances under which they were made, not
      misleading.

     

    2.5.2 Except
      for the pro forma financial statements, the consolidated financial statements
      contained in the SEC Reports: (i) complied as to form in all material respects
      with the published rules and regulations of the SEC applicable thereto; (ii)
      were prepared in accordance with GAAP applied on a consistent basis throughout
      the periods covered (except as may be indicated in the notes to such financial
      statements and, in the case of unaudited statements, as permitted by Form 10-QSB
      of the SEC, and except that unaudited financial statements may not contain
      footnotes and are subject to normal and recurring year-end audit adjustments
      which will not, individually or in the aggregate, be material in amount); and
      (iii) fairly present, in all material respects, the consolidated financial
      position of the Company and its consolidated subsidiaries as of the respective
      dates thereof and the consolidated results of operations of the Company and
      its
      consolidated subsidiaries for the periods covered thereby. All adjustments
      considered necessary for a fair presentation of the financial statements have
      been included.

     

    2.6 Securities
      Law Compliance.
      The
      offer, issue, sale and delivery of the Shares will constitute an exempted
      transaction under the 1933 Act, and registration of the Shares under the 1933
      Act is not required. 

     

    2.7 Resales
      Under Rule 144.
      With a
      view to making available to the Seller the benefits of Rule 144 promulgated
      under the 1933 Act (“Rule 144”) and any other rule or regulation of the SEC that
      may at any time permit the Seller to sell the Shares to the public without
      registration, the Company will do all of the following:

    
      
         

        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    2.7.1 use
      commercially reasonable efforts to make and keep public information available,
      as those terms are understood and defined in Rule 144;

     

    2.7.2 take
      such
      action, including compliance with the reporting requirements of section 13
      or
      15(d) of the 1934 Act, as is necessary to enable the Seller to utilize Rule
      144;

     

    2.7.3 file
      with
      the SEC in a timely manner all reports and other documents required of the
      Company under the 1933 Act and the 1934 Act; and

     

    2.7.4 furnish
      to the Seller, so long as the Seller owns any Conversion Shares, forthwith
      upon
      written request:

     

    (1) a
      written
      statement by the Company as to its compliance with the reporting requirements
      of
      Rule 144, the 1933 Act and the 1934 Act (at any time after it has become subject
      to such reporting requirements);

     

    (2) a
      copy of
      the most recent annual or quarterly report of the Company and such other reports
      and documents so filed by the Company; 

     

    (3) an
      opinion of the Company’s counsel that the Shares may be resold in the absence of
      an effective registration thereof under the 1933 Act pursuant to Rule 144;
      and

     

    (4) such
      other documents as may be reasonably requested in availing the Seller of any
      rule or regulation of the SEC that permits the selling of any such Shares
      without registration or pursuant to such form.

    

    3. REPRESENTATIONS
      AND WARRANTIES OF THE SELLER.

    

    The
      Seller
      hereby represents, warrants, and covenants with the Company as
      follows:

    

    3.1 Legal
      Power.
      The
      Seller has the requisite power and is authorized to enter into this Agreement
      and to carry out and perform its obligations under the terms of this
      Agreement.

     

    3.2 Due
      Execution.
      This
      Agreement has been duly authorized, executed, and delivered by the Seller,
      and,
      upon due execution and delivery by the Company, this Agreement will be a valid
      and binding agreement of the Seller.

     

    
      
         

        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    3.3 Restricted
      Securities.

     

    3.3.1 The
      Seller has been advised that the Shares have not been registered under the
      Securities Act or any other applicable securities laws and that Shares
      are being offered and sold pursuant to Section 4(2) of the Securities Act and
      Rule
      506
      of Regulation D thereunder, and that the Company’s reliance upon Section
      4(2) and Rule 506 of Regulation D is predicated in part on the Seller
      representations as contained herein.
      The
      Seller acknowledges that the Shares will be issued as “restricted securities” as
      defined by Rule 144 promulgated pursuant to the Securities Act. The Shares
      may
      not be resold in the absence of an effective registration thereof under the
      Securities Act and applicable state securities laws unless, in the opinion
      of
      the Company’s counsel, an applicable exemption from registration is
      available.

     

    3.3.2 The
      Seller represents that the Seller is acquiring the Shares for the Seller’s own
      account, and not as nominee or agent, for investment purposes only and not
      with
      a view to, or for sale in connection with, a distribution, as that term is
      used
      in Section 2(11) of the Securities Act, in a manner which would require
      registration under the Securities Act or any state securities
      laws.

     

    3.3.3 The
      Seller understands and acknowledges that the Shares, when issued, may bear
      the
      following legend:

     

    THE
      SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE. THE
      SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD OR TRANSFERRED
      FOR VALUE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION THEREOF UNDER THE
      SECURITIES ACT OF 1933 AND/OR THE SECURITIES ACT OF ANY STATE HAVING
      JURISDICTION OR AN OPINION OF COUNSEL ACCEPTABLE TO THE CORPORATION THAT SUCH
      REGISTRATION IS NOT REQUIRED UNDER SUCH ACT OR ACTS.

     

    3.3.4 The
      Seller acknowledges that an investment in the Securities is not liquid and
      is
      transferable only under limited conditions. The Seller acknowledges that such
      securities must be held indefinitely unless they are subsequently registered
      under the Securities Act or an exemption from such registration is available.
      The Seller is aware of the provisions of Rule 144 promulgated under the
      Securities Act, which permits limited resale of restricted securities subject
      to
      the satisfaction of certain conditions and that such Rule is not now available
      and, in the future, may not become available for resale of any of the
      Securities.

     

    
      
         

        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    
       

      3.3.5 The
        Seller is an “accredited investor” as defined under Rule 501 under the
        Securities Act. 

       

    

    3.3.6 The
      Seller acknowledges that it is able to protect its interests in connection
      with
      the acquisition of the Shares
      and can bear the economic risk of investment in such securities without
      producing a material adverse change in Seller’s financial condition. Seller,
      either alone or with the Seller’s representative(s), otherwise has such
      knowledge and experience in financial or business matters that Seller is capable
      of evaluating the merits and risks of the investment in the Shares.

     

    3.3.7 The
      Seller has a preexisting personal or business relationship with the Company,
      one
      or more of its officers, directors or controlling persons.

     

    3.3.8 The
      Seller represents, warrants and covenants that it is not acquiring the Shares
      as
      part of a group within the meaning of Section 13(d)(3) of the Securities
      Exchange Act of 1934, as amended.”

    

    4. MISCELLANEOUS.

    

    4.1 Governing
      Law.
      This
      Agreement shall be governed by and construed under the laws of the State of
      Nevada.

    

    4.2 Successors
      and Assigns.
      Except
      as otherwise expressly provided herein, the provisions hereof shall inure to
      the
      benefit of, and be binding upon, the successors, assigns, heirs, executors,
      and
      administrators of the parties hereto.

    

    4.3 Entire
      Agreement.
      This
      Agreement and the Exhibits hereto and thereto, and the other documents delivered
      pursuant hereto and thereto, constitute the full and entire understanding and
      agreement among the parties with regard to the subjects hereof and no party
      shall be liable or bound to any other party in any manner by any
      representations, warranties, covenants, or agreements except as specifically
      set
      forth herein or therein. Nothing in this Agreement, express or implied, is
      intended to confer upon any party, other than the parties hereto and their
      respective successors and assigns, any rights, remedies, obligations, or
      liabilities under or by reason of this Agreement, except as expressly provided
      herein.

    

    4.4 Severability.
      In case
      any provision of this Agreement shall be invalid, illegal, or unenforceable,
      it
      shall to the extent practicable, be modified so as to make it valid, legal
      and
      enforceable and to retain as nearly as practicable the intent of the parties,
      and the validity, legality, and enforceability of the remaining provisions
      shall
      not in any way be affected or impaired thereby.

    

    4.5 Amendment
      and Waiver.
      Except
      as otherwise provided herein, any term of this Agreement may be amended, and
      the
      observance of any term of this Agreement may be waived (either generally or
      in a
      particular instance, either retroactively or prospectively, and either for
      a
      specified period of time or indefinitely), with the written consent of the
      Company and the Sellers. Any amendment or waiver effected in accordance with
      this Section shall be binding upon each future holder of any security purchased
      under this Agreement (including securities into which such securities have
      been
      converted) and the Company.

    
      
         

        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    4.6 Notices.
      All
      notices and other communications required or permitted hereunder shall be in
      writing and shall be effective when delivered personally, or sent by telex
      or
      telecopier (with receipt confirmed), provided that a copy is mailed by
      registered mail, return receipt requested, or when received by the addressee,
      if
      sent by Express Mail, Federal Express or other express delivery service (receipt
      requested) in each case to the appropriate address set forth below:

     

    
      	
              If
                to the Company:

            	
              Bio
                Solutions Manufacturing, Inc.

            
	 	
              4440
                Arville Street, Suite 6

            
	 	
              Las
                Vegas, NV 89103

            
	 	
              Attention:
                Patricia Spreitzer, Secretary

            
	 	 
	
              If
                to the Seller:

            	
              Peter
                E. Chapin

            
	 	
              143
                Pennwood Drive

            
	 	
              Greentown,
                PA 18426

            

    

     

    4.7 Titles
      and Subtitles.
      The
      titles of the paragraphs and subparagraphs of this Agreement are for convenience
      of reference only and are not to be considered in construing this
      Agreement.

    

    IN
      WITNESS WHEREOF, the parties have executed this Agreement as of the date set
      forth above. 

    

    
      	
              COMPANY

            
	 
	
              BIO
                SOLUTIONS MANUFACTURING, INC.

            
	 	 
	 	 
	
              By:

            	 
	 	
              Patricia
                M. Spreitzer,

            
	 	
              Secretary

            
	 	 
	
              SELLER

            
	 
	
              PETER
                E. CHAPIN

            
	 	 
	 	 
	
              By:

            	 
	 	
              Peter
                E. Chapin

            

    

     

    
      
         

        
        

      

      
        7

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