Termination Agreement for Agreement and Plan of Merger among Zone Mining Limited, ZM Acquisition Corp., Driveitaway, Inc., and Stonewell Partners LLP

Summary

Zone Mining Limited, ZM Acquisition Corp., Driveitaway, Inc., and Stonewell Partners LLP have mutually agreed to terminate their previously signed Agreement and Plan of Merger. This termination is effective upon signing this letter, and releases all parties from further obligations under the original merger agreement, except for any provisions that survive termination as specified in the original contract. The decision was made by the boards of all involved companies, and the termination is formalized by the signatures of authorized representatives.

EX-10.1 3 ex_10-1.htm LETTER OF AGREEMENT, 10/20/2006 Letter of Agreement, 10/20/2006

Exhibit 10.1

ZONE MINING LIMITED

111 Presidential Blvd.

Suite 165

Bala Cynwyd, PA 19004

October 11, 2006

Driveitaway, Inc.

213 West Institute Place

Chicago, IL 60610

Attn: David M. Sola, Chief Executive Officer

Re: Termination of Agreement and Plan of Merger

Reference is hereby made to that certain Agreement and Plan of Merger (the “Merger Agreement”), dated as of September 21, 2006, by and among Zone Mining Limited, a Nevada corporation (“Parent”), ZM Acquisition Corp., a Delaware corporation and wholly-owned subsidiary of Parent (“Merger Sub”), Driveitaway, Inc., a Delaware corporation (the “Company”), and Stonewell Partners LLP, the principal shareholder of the Company (the “Principal Shareholder”).

We understand that the boards of directors of each of Parent, Merger Sub and the Company have determined that it is in the best interests of their respective stockholders to terminate the Merger Agreement at this time. Accordingly, pursuant to Section 8.1(a) of the Merger Agreement, the Merger Agreement is hereby terminated by each of Parent, Merger Sub, the Company and the Principal Shareholder. Upon execution of this termination letter by the parties hereto, the Merger Agreement shall be of no further force and effect and, except as set forth in Section 8.2 of the Merger Agreement, the parties shall have no further obligations under the Merger Agreement.

Please indicate your acceptance of the foregoing by signing this termination letter and returning a copy of this letter to my attention which thereupon will constitute our agreement with respect to its subject matter.


	Very truly yours,

	By:	/s/ Stephen P. Harrington
		Stephen P. Harrington, President Zone Mining Limited ZM Acquisition Corp.

[Signature page follows]

Driveitaway, Inc.

October 11, 2006

Page 2

Accepted and agreed this 20th day of October, 2006


	DRIVEITAWAY, INC.

	By:	/s/ David M. Sola
		Name: David M. Sola Title: Chief Executive Officer


	STONEWELL PARTNERS LLP

	By:	/s/ David M. Sola
		Name: David M. Sola Title: Managing Partner