Quote:
TERMINATION AND GENERAL RELEASE
The parties to this Termination and General Release are WEBSITEBILLING.CO.UK LIMITED, a London UK Corporation (?WSB?), and_______________________________________________ __ (?Vendor?).
WSB and Vendor are parties to that certain Service Agreement (the ?Agreement?) pursuant to which WSB provides web based distribution portal services to Vendor.
Pursuant to the Agreement, WSB may be indebted to Vendor for commissions or other payments and Vendor may be indebted to WSB for chargeback fees and penalties and other charges.
The parties desire to terminate the agreement provided that the Agreement is terminated with neither party having any obligation or liability to the other.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged:
1. The Agreement is hereby terminated effective immediately.
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WHAT A BIG PILE OF BULL SHIT. WHAT THEY ARE REALLY SAYING IS:
"UNTIL YOU FORGET ABOUT THE CASH WE OWE YOU, WE KEEP YOUR CUSTOMER LIST HOSTAGE"
I'M SURE THATS A GREAT COMFORT TO SOME PEOPLE THAT ARE OWED HUNDREDS OF THOUSANDS OF DOLLARS.
HEY WSB
!
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