SETTLEMENT AGREEMENT AND MUTUAL RELEASES

This Settlement Agreement and Mutual Release (hereinafter the “Agreement”) is entered
into this 29th day of March, 2011 by and among CLINTON GARRISON (“Garrison”) and CR
ASSET GROUP, LLC (“CR Asset Group”) (collectively, “Plaintiffs”) on the one hand, and
RAY RAMSEY (“Ramsey”), and LOBO DEVELOPMENT GROUP, INC. (“Lobo”)
(collectively, the “Defendants”) on the other hand.

WHEREAS, the parties hereto formerly engaged business with one another; and

WHEREAS, in 2008 the parties obtained for the use of said business a credit card from
American Express ending in account number 1006 (the “Amex Card”); and

WHEREAS, in 2008 a dispute arose between the parties regarding the payment and/or
nonpayment of certain funds between and/or among them, including salaries, commission,
reimbursements, loans and other payments, as well as use of the Amex Card; and

WHEREAS, on April 26, 2010, Garrison filed suit against Ramsey and Ramsey
counterclaimed against Garrison and CR Asset Group regarding the aforementioned disputed
monies; and

WHEREAS, Garrison, CR Asset Group, Ramsey and Lobo now wish to resolve and
settle all actual and potential claims and disputes among them.

NOW, THEREFORE, FOR AND IN CONSIDERATION of the mutual promises

contained herein, and for other good and valuable consideration, the receipt, sufficiency and
adequacy of which are hereby acknowledged, it is agreed by and among the parties hereto (each
a “Party”, and collectively, the “Parties”) as follows:

1. Recitals. The recitals and introductory paragraphs set forth above are
incorporated herein by reference as if set forth herein in full.

2. Non-Admission of Liability. The Parties have reached an agreement and desire to

fully and finally resolve all claims against each other, including those set forth in the
aforementioned Lawsuit. All allegations, claims, and counterclaims, asserted in the Litigation
are included in the definition of “Lawsuit.” This Agreement is entered into for the purpose of
compromising and settling disputed claims and to avoid time-consuming and expensive
litigation. It does not and shall not constitute an admission or inference that any Party to this
Agreement has any liability or responsibility to any other Party or that any conduct of any Party
was in breach of any agreement or was otherwise wrongful, unlawful, negligent, or violative of
any federal or state statute or regulation or any common law, and the existence of any such
alleged liability or responsibility is expressly denied by all Parties to this Agreement.

3. Settlement and Amex Payment. As full and final settlement of all claims,
allegations, and causes of action (both civil and criminal), that one Party may have against

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another, including all claims brought in the litigation styled Clinton Garrison v. Ray Ramsey,
Civil Action File No. 10-VS-181541-E, Ramsey shall pay each of the following:

a. Settlement Amount. Ramsey shall pay to Garrison via certified funds a total
settlement amount of $5,875.00 USD (the “Settlement Amount”). Payment of the
Settlement Amount shall be made to and held in trust by Garrison’s counsel. Garrison’s
counsel shall hold such funds until the obligations provided in Section 4 below have been
completed.

Payment of the Settlement Amount shall be made to the escrow account of Garrison’s
counsel. Garrison’s counsel shall hold the Settlement Amount in trust and shall not
deliver any portion of it to Garrison until the Stipulation of Dismissal with Prejudice
referenced in Section 4 below is filed with the Fulton County State Court. Upon entry of
the Stipulation of Dismissal with Prejudice, Garrison’s counsel may deliver the
Settlement Amount payment to Garrison.

b. Amex Payment. On or before March 29, 2011, Ramsey shall pay American
Express (“Amex”), a sum of $6,596.49 (the “Amex Payment”). The Amex Payment
represents the settlement amount offered by Amex in full and final settlement of the
Amex Card used by the Parties in connection with their business dealings. In addition,
Garrison agrees to take whatever actions necessary with Amex to authorize such
settlement, including verbally authorizing via telephone said Amex Payment by Ramsey
on behalf of the Parties.

4. Stipulated Dismissal With Prejudice. Within five (5) business days after Ramsey
pays the Settlement Amount to the trust account of Carl Kirsch pursuant to the terms of this
Agreement, Garrison, CR Asset Group, Ramsey and Lobo shall file with the State Court of
Fulton County, Georgia, a stipulated dismissal with prejudice of all claims each might have
against the other. Should the full Settlement Amount not be paid, the Dismissal will not be filed.

5. Release by Garrison and CR Asset Group. Garrison, for himself and for CR Asset
Group, their successors and assigns, now and forever unconditionally release and discharge
Ramsey and Lobo, as well as all affiliates of each, including, without limitation, all of their past
and present officers, directors, shareholders, owners, employees, volunteers, agents, parent
corporations, predecessors, subsidiaries, affiliates, branches, insurers, benefit plans, estates,
successors, assigns, and attorneys (collectively, the “Releasees”) from any and all claims,
charges, actions, causes of action, sums of money due, attorneys’ fees, suits, debts, covenants,
contracts, agreements, promises, demands, or liabilities (collectively, the “Claims”) whatsoever,
in law or in equity, whether known or unknown, which Garrison and/or CR Asset Group ever
had, now has/have, or might in the future have against any of the Releasees based upon facts
occurring prior to the date of this Agreement, specifically including, without limitation, any
Claims for breach of contract, monies due, attorney’s fees, breach of fiduciary duty, conversion,
fraud, and/or punitive damages, and agree not to file a lawsuit or other legal claim or charge or to
assert any claims against any of the Releasees, except to the extent that such agreement is
prohibited by applicable law.

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 6. Release by Ramsey and Lobo. Ramsey, for himself and for Lobo, their
successors, and their assigns, now and forever unconditionally release and discharge Garrison
and CR Asset Group, as well as all affiliates of each, including, without limitation, all of their
past and present officers, directors, shareholders, owners, employees, volunteers, agents, parent
corporations, predecessors, subsidiaries, affiliates, branches, insurers, benefit plans, estates,
successors, assigns, and attorneys (collectively, the “Releasees”), from any and all claims,
charges, actions, causes of action, sums of money due, attorneys’ fees, suits, debts, covenants,
contracts, agreements, promises, demands, or liabilities (collectively, the “Claims”) whatsoever,
in law or in equity, whether known or unknown, which Ramsey and/or Lobo ever had, now
has/have, or might in the future have against any of the Releasees based upon facts occurring
prior to the date of this Agreement, specifically including, without limitation, any Claims for
breach of contract, attorney’s fees, breach of fiduciary duty, conversion, fraud, and/or punitive
damages, and agree not to file a lawsuit or other legal claim or charge or to assert any claims
against any of the Releasees, except to the extent that such agreement is prohibited by applicable
law.

7. Confidentiality. The Parties agree that they will keep the terms of this Agreement
confidential and that they will not disclose the terms of this Agreement to anyone; provided,
however, that the corporate parties may make such disclosures to their officers, board of
directors, attorneys, tax advisors, insurers, and management-level employees that they deem
necessary on a need-to-know basis provided that all such persons are informed of and agree to be
bound by this confidentiality provision and to maintain the confidentiality of such information.
Notwithstanding the above, the Parties may state that they have resolved their differences in the
Litigation and that the terms of the resolution are confidential. Nothing in this Section 7 shall
preclude the Parties from disclosing the terms of this Agreement to obtain enforcement of the
terms herein or to comply with a valid subpoena or court order requiring the disclosure of
information protected herein; provided, however, that any Party receiving a subpoena or court
order seeking the disclosure of this Agreement shall promptly notify and provide a copy of such
subpoena or court order to all other Parties at least three (3) business days in advance of the
required date of disclosure.

8. Successors and Assigns. This Agreement shall inure to the benefit of and be
binding on the stockholders, officers, directors, employees, agents, assigns, attorneys, successors,
predecessors, administrators and representatives, and parent, subsidiary and affiliated companies
of each of the Parties. This Agreement shall not be considered to inure to the benefit of any
person or entity not a party to this Agreement, except as expressly provided in this Agreement.

9. Counterparts. This Agreement may be executed in counterpart originals and by

facsimile, and shall be effective when each of the parties to the Agreement has signed any of the
counterparts. The parties agree to execute three counterpart originals of this Agreement.

10. Authorization. Each person signing this Agreement on behalf of the respective
parties named below acknowledges and certifies that he or she is authorized to sign this
Agreement on behalf of the respective party for whom each signs.

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 11. Non-Assignment of Claims. The parties to this Agreement warrant and certify to
each other that they have not assigned any causes of action, claims counterclaims, liabilities,
assertions of liability or demands subject to this Agreement to any other person, corporation or
entity, except as expressly provided herein.

12. Entire Agreement. This Agreement constitutes the entire Agreement between and
among the parties hereto, including anyone acting for, associated with or employed by any such
party, concerning all matters addressed herein and supersedes any prior discussions, agreements,
or undertakings, and there are no promises, representations or agreement between such parties, or
anyone acting for, associated with, or employed by them, other than as set forth herein. Only
representations and promises included in this Agreement are binding on the parties to this
Agreement or on anyone acting for, associated with or employed by any party to this Agreement.

13. Severability. In the event any term or condition of this Agreement shall be
deemed to be contrary to applicable law, that term or condition shall be deemed to be severed
from this Agreement, and all of the terms and conditions of this Agreement shall be deemed to
be valid and fully enforceable.

14. Modification, Waiver. The provisions of this Agreement, including this

paragraph, may be modified or waived only in writing signed by the party or parties adversely
affected by the modification or waiver. No waiver with respect to any portion of this Agreement
shall apply to any other portion of this Agreement, and a waiver on one occasion shall not be
deemed to be a waiver of the same or other breach on a future occasion. No course of dealing by
any party, and no failure, omission, delay or forbearance by any party in exercising such party’s
rights or remedies shall be deemed a waiver of any such rights or remedies or a modification of
this Agreement, and such action with respect to this provision shall not be deemed a waiver,
modification or abandonment of that provision, and such provision shall remain fully
enforceable.

15. Choice of Law, Forum. This Agreement shall be governed by the laws of the
State of Georgia. Any dispute arising over or related to the subject matter of this Agreement
shall be brought in the Superior Court of Gwinnett County, Georgia.

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 (Signatures of following pages)

SO AGREED to on the date first set forth above by:

CLINTON GARRISON CR ASSET GROUP, LLC

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RAY RAMSEY LOBO DEVELOPMENT GROUP, INC.

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