Susan L. Castle - Page 4




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                         1)   Any personalty in Wife’s possession; and                
                         2)   Personal effects of Wife.                               
                    B.   Husband [Mr. Castle] shall receive as his                    
                         sole and separate property:                                  
                         1)   Any personalty in Husband’s possession;                 
                              and                                                     
                         2)   Personal effects of Husband.                            
                    C.   Husband shall assume and pay the following                   
                         debts, holding Wife harmless therefrom:                      
                         1.   All financial and tax obligations as                    
                              follows:                                                
                              A)   Internal Revenue Service in the                    
                                   amount of $19,000.00;                              
                              B)   Internal Revenue Service in the                    
                                   amount of $4,207 (Dairy Queen);                    
                              C)   State Industrial Insurance in the                  
                                   amount of $1,600.00;                               
                              D)   Employment taxes in the amount of                  
                                   $406.00 (Nevada);                                  
                              E)   Sales taxes in the amount of                       
                                   $6,095.00; and                                     
                              F)   Business license fees in the amount                
                                   of $276.00.                                        
                    D.   Wife must file individual tax returns for                    
                         1997 and thereafter, and if requested, sign                  
                         an amended joint tax return with Husband for                 
                         1995 and 1996.  Husband shall pay any sums                   
                         due of the 1995 and 1996 tax returns.                        
                    E.   As to the business interest of the parties in                
                         the corporation known as LANTech, Inc., the                  
                         parties agree that Wife shall convey her 50%                 
                         shareholder interest in the corporation to                   
                         Husband.                                                     
                    13. The parties agree that all joint checking ac-                 
               counts, savings accounts, mutual funds, etc., maintained by            





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Last modified: May 25, 2011