EX-10.10 2 javaex1010.txt LOAN SETTLEMENT AGREEMENT Loan Settlement Agreement I, Lance Musicant, hereby agree to accept 15,242 shares of Imedia (IMNL) stock from Java Express as payment in full, including accrued interest of $612, for my $6,860 in loans to the company. These loans consist of $4,510 made to the company on May 7, 2004, $2,300 loaned to the company on June 7, 2004 and $50 loaned to the company on September 17, 2004. The Imedia stock at the time of this settlement is trading on the OTC Bulletin Board at approximately $.75 per share and is therefore worth approximately $11,000. There are no other terms and conditions. Agreed to this March 28th, 2005 /s/ Lance Musicant ________________________ Lance Musicant