RELEASE

To: The Palace Group (hereinafter referred to as the “Releasee” which term includes its servants, officers, agents, successors, assigns and related and associated companies, including the holding companies of the online casino sites.)

WHEREAS:
A. I, the undersigned, Bernd Kron (hereinafter referred to as the “Releasor” which term includes all heirs, executors, administrators, successors and assigns) and the Releasee have agreed, in exchange for Releasee crediting the Releasor in the amount of Є350.00, to settle any and all disputes relating to charges for services obtained from the Releasee by use of the Releasor’s bank cards and/or credit cards for the period 07 May 2008.(collectively referred to as, the “Cards”);
NOW THEREFORE in consideration of the above mentioned credit and other good and sufficient consideration, the receipt and sufficiency of which is hereby acknowledged, in full satisfaction of all claims and demands of the Releasor against the Releasee, Releasor hereby agrees as follows:
1. Release. Releasor hereby releases and forever discharges the Releasee of and from all manner of actions, causes of actions, suits, debts, dues, accounts, bonds, covenants, contracts, claims and demands whatsoever which against the said Releasee the Releasor ever had, now has or can, shall or may hereafter have for or by reason of any cause, matter or thing whatsoever existing up to the present time, and more particularly, but without restricting the generality of the foregoing, all claims and demands arising in or out of or in any way connected with the use of the Cards or the performance of services by Releasee.
2. Confidentiality. Releasor covenants and agrees to maintain the confidentiality of all information pertaining to the use of the Cards, the settlement and this Release (the “Confidential Information”) and the Confidential Information will not be disclosed by Releasor (or by anyone for whom at law it is responsible) either directly or indirectly, in any manner whatsoever, without Releasee’s prior written consent. Without limiting the generality of the foregoing, the Releasor shall not disclose the Confidential Information to any issuer of the Cards.
3. Acknowledgement. Releasor acknowledges and agrees that he has been given sufficient time to consider his actions and to seek such independent legal or other advice, as he deems appropriate. Releasor further acknowledges that, other than the consideration promised, no representation of fact or opinion, threat or inducement has been made or given by Releasee to induce the signing of this Release.
4. Reimbursement. If any of the issuers of the Cards pays or credits the Releasor for any amount in respect of the use of the Cards for payment of services purchased from Releasee, Releasor shall immediately pay Releasee, without notice or demand, an amount equal to the amount of any such payment or credit up to Є350.00.
5. Further Assurances. The Releasor shall execute, acknowledge and deliver all such further assurances, instruments and documents and do all such other acts as may be necessary or appropriate in order to carry out the intent and purposes of this Release.
6. Facsimile Signatures. Delivery of an executed signature page of this Release by facsimile transmission shall be effective as delivery of a manually executed Release.


IN WITNESS WHEREOF I have hereunto set my hand and seal this _____ day of ________________________(insert month & year).

SIGNED AND DELIVERED )
in the presence of: )
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