Exhibit No. 3
Western Media Group
Form 10-KSB
File No. 2-71164
SETTLEMENT AND MUTUAL RELEASE
THOMAS K. SCALLEN & WESTERN MEDIA GROUP CORPORATION
In consideration of the receipt from Western Media Group
Corporation of the sum of Twenty Thousand Dollars ($20,000), to be
paid $10,000 in cash and $10,000 represented by 1,000,000 Common
Shares of Western Media Group Corporation, Thomas K. Scallen,
hereby releases and forever discharges Western Media Group
Corporation, its predecessors, successors, and assigns, each of
its present and former successors and assigns, and any of Western
Media Group Corporation's officers and directors, of and from any
and all manner of claims, rights, actions, causes of action,
suits, obligations, debts, demands, agreements, promises,
liabilities, controversies, costs, expenses, sums of money,
accounts, fees, contracts, other things of value, bills, damages,
judgments, and attorneys' fees whatsoever, whether based or
otherwise, known or unknown, whether or not accrued, whether or
not asserted in litigation, whether arising in law or equity or
upon contract or tort or under any state or federal law or
otherwise, which Thomas K. Scallen ever had or now has, against
Western Media Group Corporation. The $20,000 amount referred to
above, is the write down amount of all money's due Thomas K.
Scallen from Western Media Group Corporation prior to the signing
of this Mutual Release. The proper resolutions cash and shares to
be provided at the signing of this Mutual Release.
For the consideration set forth above, Western Media Group
Corporation hereby releases and forever discharges Thomas K.
Scallen, his predecessors, successors, and assigns, each of his
present and former successors and assigns, from any and all manner
of claims, rights, actions, causes of action, suits obligations,
debts, demands, agreements, promises, liabilities, controversies,
costs, expenses, sums of money, accounts, fees, contracts, other
things of value, bills, damages, judgments, and attorneys' fees
whatsoever, whether based or otherwise, known or unknown, whether
or not accrued, whether or not asserted in litigation, whether
arising in law or equity or upon contract or tort or under any
state or federal law or otherwise, which Western Media Group
Corporation ever had or now has, against Thomas K. Scallen.
The closing date for the above transactions and mutual releases
will take place on the 16th day of March, 2000.
Agreed this 16th day of March, 2000.
Western Media Group Corporation Thomas K. Scallen
By: /s/ George W. Fredericks, President By: /s/ Thomas K. Scallen
By: /s/ Patrick L. Riggs, V.P., CFO Date: 3/16/2000
Date: 3/16/2000
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SETTLEMENT AND MUTUAL RELEASE
CENTURY PARK PICTURES CORPORATION &
WESTERN MEDIA GROUP CORPORATION
In consideration of the receipt from Western Media Group
Corporation of the sum of One Dollar ($1), Century Park Pictures
Corporation, hereby releases and forever discharges Western Media
Group Corporation, its predecessors, successors, and assigns, each
of its present and former successors and assigns, and any of
Western Media Group Corporation's officers and directors, of and
from any and all manner of claims, rights, actions, causes of
action, suits, obligations, debts, demands, agreements, promises,
liabilities, controversies, costs, expenses, sums of money,
accounts, fees, contracts, other things of value, bills, damages,
judgments, and attorneys' fees whatsoever, whether based or
otherwise, known or unknown, whether or not accrued, whether or
not asserted in litigation, whether arising in law or equity or
upon contract or tort or under any state or federal law or
otherwise, which Century Park Pictures Corporation ever had or now
has, against Western Media Group Corporation. The proper
resolutions and cash are to be provided at the signing of this
Mutual Release.
For the consideration set forth above, Western Media Group
Corporation hereby releases and forever discharges Century Park
Pictures Corporation, its predecessors, successors, and assigns,
each of its present and former successors and assigns, from any
and all manner of claims, rights, actions, causes of action, suits
obligations, debts, demands, agreements, promises, liabilities,
controversies, costs, expenses, sums of money, accounts, fees,
contracts, other things of value, bills, damages, judgments, and
attorneys' fees whatsoever, whether based or otherwise, known or
unknown, whether or not accrued, whether or not asserted in
litigation, whether arising in law or equity or upon contract or
tort or under any state or federal law or otherwise, which Western
Media Group Corporation ever had or now has, against Century Park
Pictures Corporation.
The closing date for the above transactions and mutual releases
will take place on the 16th day of March, 2000.
Agreed this 16th day of March, 2000.
Western Media Group Corporation Century Park Pictures Corporation
By: /s/ George W. Fredericks, President By: /s/ Thomas K. Scallen, CEO
By: /s/ Patrick L. Riggs, V.P., CFO Date: 3/16/2000
Date: 3/16/2000
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SETTLEMENT AND MUTUAL RELEASE
INTERNATIONAL EXPRESS CO. & WESTERN MEDIA GROUP
CORPORATION
In consideration of the receipt from Western Media Group
Corporation of the sum of One Dollar ($1), International Express
Co., hereby releases and forever discharges Western Media Group
Corporation, its predecessors, successors, and assigns, each of
its present and former successors and assigns, and any of Western
Media Group Corporation's officers and directors, of and from any
and all manner of claims, rights, actions, causes of action,
suits, obligations, debts, demands, agreements, promises,
liabilities, controversies, costs, expenses, sums of money,
accounts, fees, contracts, other things of value, bills, damages,
judgments, and attorneys' fees whatsoever, whether based or
otherwise, known or unknown, whether or not accrued, whether or
not asserted in litigation, whether arising in law or equity or
upon contract or tort or under any state or federal law or
otherwise, which International Express Co. ever had or now has,
against Western Media Group Corporation. The proper resolutions
and cash are to be provided at the signing of this Mutual Release.
For the consideration set forth above, Western Media Group
Corporation hereby releases and forever discharges International
Express Co., its predecessors, successors, and assigns, each of
its present and former successors and assigns, from any and all
manner of claims, rights, actions, causes of action, suits
obligations, debts, demands, agreements, promises, liabilities,
controversies, costs, expenses, sums of money, accounts, fees,
contracts, other things of value, bills, damages, judgments, and
attorneys' fees whatsoever, whether based or otherwise, known or
unknown, whether or not accrued, whether or not asserted in
litigation, whether arising in law or equity or upon contract or
tort or under any state or federal law or otherwise, which Western
Media Group Corporation ever had or now has, against International
Express Co.
The closing date for the above transactions and mutual releases
will take place on the 16 th day of March 2000.
Agreed this 16th day of March, 2000.
Western Media Group Corporation International Express Co.
By: /s/ George W. Fredericks, President By: /s/ Thomas K. Scallen, CEO
By: /s/ Patrick L. Riggs, V.P., CFO Date: 3/16/2000
Date: 3/16/2000
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