Attached files

file filename
10-K - FORM 10-K - Elevate, Inc.hglb10k053111rvfinalclean.htm
EX-31 - EXHIBIT 31.1 - Elevate, Inc.exhibit311.htm
EX-31 - EXHIBIT 31.2 - Elevate, Inc.exhibit312.htm
EX-32 - EXHIBIT 32.1 - Elevate, Inc.exhibit321.htm
EX-32 - EXHIBIT 32.2 - Elevate, Inc.exhibit322.htm
EX-10 - EXHIBIT 10.4 CONVERTIBLE NOTE - Elevate, Inc.ex104convertiblenote.htm
EX-10 - EXHIBIT 10.3 AGREEMENT - Elevate, Inc.ex103assetpurchaseagreementz.htm
EX-10 - EXHIBIT 10.1 AGREEMENT - Elevate, Inc.ex101assetpurchaseagreement_.htm
EX-10 - EXHIBIT 10.2 AGREEMENT - Elevate, Inc.ex102rodplaceelevateemployme.htm
EX-10 - EXHIBIT 10.5 CONTRACT - Elevate, Inc.ex105foxdirectorcontract0802.htm

HIGHLAND BUSINESS SERVICES, INC.



September 12, 2011


To: Rod Place, President

RiteWire Inc.

3202 W. March Lane, Suite C

Stockton, CA 95219


From: Highland Business Services, Inc.

201 Avenida Fabricante, Suite 100

San Clemente, CA 92672


Subject: Rescission of Acquisition Agreement and Plan of Merger and any Addendums (“Merger Agreement”) by and among Highland Business Services, Inc., Highland Sub Co, and RiteWire Inc. (together the “Parties”)


Dear Mr. Place,


This letter serves as notification that the Parties have mutually agreed to terminate the Merger Agreement dated May 2, 2011. The board of directors of each Party has unanimously approved the execution, delivery and performance of this Rescission Letter Agreement and the transactions contemplated by this letter.


Pursuant to this letter, the Parties hereby terminate the Merger Agreement and abandon the Merger by mutual consent pursuant to Section 6.1 of the Merger Agreement. As a result of such termination, the Merger Agreement is henceforth void and of no effect, without any liability on the part of the Parties or their affiliates, directors, officers, or stockholders.


In witness whereof, the undersigned have caused this agreement to be duly executed and delivered as of the date first above written.



HIGHLAND BUSINSESS SERVICES, INC.

 

 

 

By:

/S/ Wright Thurston

 

Name: Wright Thurston, President

 



HIGHLAND SUB CO

 

 

 

By:

/S/ Wright Thruston

 

Name: Wright Thurston, President

 



RITEWIRE, INC.

 

 

 

By:

/S/ Rod Place

 

Name: Rod Place, President

 




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