Debt Forgiveness Agreement between MBMC Investments, Inc. and Micron Enviro Systems Inc. dated May 2, 2008

Summary

MBMC Investments, Inc. and Micron Enviro Systems Inc. have entered into an agreement where MBMC forgives $144,300.33 in debt owed by Micron Enviro Systems. By signing, MBMC releases all claims against Micron Enviro Systems related to this debt. The agreement is effective immediately upon signing by both parties.

EX-10.1 2 exhibi101.htm LETTER FROM MBMC INVESTMENTS INC. DATED MAY 2, 2008 Exhibit 10.1

MICRON ENVIRO SYSTEMS INC.






DEBT FORGIVENESS AGREEMENT



BETWEEN:

MBMC Investments, Inc.


(the “Creditor”)


AND:

MICON ENVIRO SYSTEMS INC., a company incorporated

under the laws of the State of Nevada and having an

office at 626 Rexcorp Plaza, Uniondale, New York, 11556


(the “Company”)




The Creditor agrees to forgive the Company $144,300.33 in outstanding debt.


By signing this agreement, the Creditor releases any and all previous claims unknown or unknown by and against the Company.






This agreement is effective upon signing.



MBMC INVESTMENTS, INC.

  MICRON ENVIRO SYSTEMS INC.




/s/ Bernard McDougall

May 2, 2008

/s/ Bradley Rudman

May 2, 2008

______________________       _________                  

______________________   ________

Authorized Signatory

        Dated

       Authorized Signatory      Dated









 



626 Rexcorp Plaza

Uniondale, N.Y.  11556