EX. 99.2 Memorandum of Understanding
MarketShare Recovery, Inc.
00 Xxxxxxxxxxx Xxxx
Xxxxxxxx, Xxx Xxxx 00000
This memorandum of understanding is to clarify the mutual
understanding between Jade Entertainment Group, Inc., a New York corporation
("Jade") and MarketShare Recovery, Inc., a New York corporation,
("MarketShare") with regard to the lease dated March 18, 2003 ("Lease")
between Realty 2001 Corp. ("Landlord") and MarketShare. The Lease concerns
the office at Suite 000, 00 Xxxxxxxxxxx Xxxx, Xxxxxxxx, Xxx Xxxx (the
"Premises"). Both parties agree that
1. Xxxx will reimburse MarketShare for 50% of all rent due to Landlord
from MarketShare for all periods on and after January 1, 2004. Payments
will be made directly to the Landlord by Xxxx in accordance with the terms
of the Lease.
2. MarketShare hereby releases and discharges Jade and its corporate
parent, Dominix, Inc. for any and all liability arising from the use and
occupancy of the Premise for any time preceding January 1, 2004.
3. The parties agree to use their respective reasonable best efforts
for MarketShare to assign or Jade to assume the Lease by the "Vacancy Date"
defined below, with the consent of the Landlord.
4. MarketShare will vacate the premises 60 days after Dominix, Inc.
mails an information statement to its shareholders which will permit it to
amend its certificate of incorporation to increase the number of authorized
shares of common stock (the "Vacancy Date").
MarketShare Recovery, Inc. Jade Entertainment Group, Inc.
By: ___________________________ By: __________________________
Dated: March 30, 2004
