Compromise and Settlement Agreement between Carson-Jensen-Anderson, Inc. terminating the marketing rights
agreement for the IllumiSign-Eyecatcher display boards.
COMPROMISE AND SETTLEMENT AGREEMENT
THIS AGREEMENT, is made and entered into on the 2nd day of May 2001 between New Millennium Media
International, Inc., a Florida corporation, (hereinafter referred to as "NMMI") with its principal place of business
at 101 Philippe Parkway, Suite 300, Safety Harbor, FL 34695, and Carson Jensen Anderson Enterprises, Inc.
d/b/a EyeCatcherPlus, a Florida corporation, (hereinafter referred to as "CJE"), with its principal place of
business at 235 Four Knot Lane, Osprey, FL 34229.
WHEREAS, NMMI and CJE entered into a marketing agreement dated October 1, 2000 (hereinafter referred
to as "Marketing Agreement");
WHEREAS, NMMI asserts a claim against CJE based upon the facts alleged in a demand letter to CJE dated
March 3, 2001 (said letter is attached hereto and incorporated herein by reference);
WHEREAS, CJE disputes the alleged facts and the amount of the liability in connection with the aforementioned
asserted claim of NMMI (hereinafter referred to as "Dispute");
WHEREAS, CJE has tendered to NMMI an offer to compromise and settle the Dispute;
WHEREAS, NMMI has unconditionally accepted the terms of compromise and settlement offered by CJE;
WHEREAS, both parties wish to reach a full and final settlement of all matters and all causes of action arising out
of the alleged facts and claim as set forth above;
WHEREAS, both parties hereby intend to terminate the Marketing Agreement and to mutually release the other
party from all rights, duties, and obligations that exist under the Marketing Agreement;
NOW, THEREFORE, in consideration of the promises, covenants and conditions contained herein, including,
but not limited to, the parties' mutual agreement to compromise a bona fide dispute and to settle a controverted
matter of claim, ten dollars and other good and valuable consideration