0001157523-08-004617 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • May 28th, 2008 • Commerce Planet • Services-advertising agencies • California

THIS SETTLEMENT AGREEMENT (the “Settlement Agreement”) is made as of May 22, 2008 (the “Settlement Date”), by and between COMMERCE PLANET, INC., a Utah corporation, with its principal executive offices at 30 South La Patera Lane, Suite 8, Goleta, California 93117 (the “Company”), CHARLES GUGLIUZZA, a California resident and OLIVE TREE HOLDINGS, LLC, a California limited liability company with an address at 17 Chardonnay Dr., Ladera Ranch, California 92694 (hereinafter, “Gugliuzza”). The Company and Gugliuzza may hereinafter be referred to singularly as a “party,” and collectively as the “parties.”

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SETTLEMENT AGREEMENT
Settlement Agreement • May 28th, 2008 • Commerce Planet • Services-advertising agencies • California

THIS SETTLEMENT AGREEMENT (the “Settlement Agreement”) is made as of May 22, 2008 (the “Settlement Date”), by and between COMMERCE PLANET, INC., a Utah corporation, with its principal executive offices at 30 South La Patera Lane, Suite 8, Goleta, California 93117 (the “Company”), MICHAEL HILL, a California resident, with an address at 304 Sherwood Dr., Santa Barbara, California 93110 (“Hill”). The Company and Hill may hereinafter be referred to singularly as a “party,” and collectively as the “parties.”

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