THIS RESCISSION AGREEMENT ("Agreement") is made on the 18th day of June, 2008, (the "Effective
Date"), by and among Destination Television, Inc., a Delaware corporation ("Destination"), American Broadcast
Group LLC., a Florida limited liability company ("ABG"), Durham and Partners Worldwide Inc., a Delaware
corporation ("DPW") and Fred Durham, an individual. Destination, ABG, DPW and Fred Durham may hereafter
be referred to as a "Party," collectively, the "Parties."
WHEREAS, on November 1, 2007, Destination, ABG and DPW, the sole shareholder of ABG at that
time, entered into a Purchase Agreement (the "Purchase Agreement") whereby Destination, acquired 100% of
the issued and outstanding member equity interests of ABG in exchange for 3,520,000 shares of Destination's
common stock, par value $0.0001 per share (the "Destination Shares");
WHEREAS, the parties hereto desire to rescind the Purchase Agreement;
NOW THEREFORE, the parties hereto agree as follows:
1. Return of the Destination Shares
DPW and Fred Durham hereby agree to surrender the certificates representing 3,520,000 of the
Destination Shares to Destination upon the execution of this Agreement. The certificates are to be endorsed with
2. Return of the Member Equity Interests of ABG
Destination hereby agrees to surrender 100% of the member equity interests in ABG to DPW and/or
Fred Durham upon execution of this Agreement.
The Parties agree that Destination will not be responsible for any liabilities of ABG which were incurred
either prior to Destination's acquisition of ABG or during the period of Destination's ownership of ABG. The
Parties further agree that Destination will not be responsible for any future debts of ABG.
4. Tax and Financial Reporting
ABG shall file tax re