Common use of Settlement Fee Clause in Contracts

Settlement Fee. In full satisfaction of the Notes and all accrued and unpaid interest thereon, and any and all claims which COL may have against Critical and its affiliates, COL and/or its designees and assigns shall receive an aggregate of Six Hundred Thousand (600,000) shares of Common Stock of Critical (the "Settlement Shares"), as follows. ▇▇▇▇▇ ▇▇▇▇▇▇; Chief Executive Officer and a principal shareholder of Critical; The ▇▇▇▇▇ Family Irrevocable Trust, a principal shareholder of Critical; and Harbor View Fund, Inc., a principal shareholder of Critical, shall each transfer to COL 200,000 shares of Common Stock of Critical. In addition, the Board of Directors of Critical has approved a reduction in the exercise price of the 100,000 warrants to purchase common stock of Critical issued or issuable to COL under the Note from $1.00 per share to $.50 per share. In accordance with the provisions above, and the general releases to be executed by COL as described in Section 3 below, no other monies shall be due and owing to COL.

Settlement Fee. In full satisfaction of the Notes Note and all accrued and unpaid interest thereon, and any and all claims which COL may have against Critical and its affiliates, COL and/or its designees and assigns shall receive an aggregate of Six Hundred Thousand (600,000) shares of Common Stock of Critical (the "Settlement Shares"), as follows. ▇▇▇▇▇ ▇▇▇▇▇▇; Chief Executive Officer and a principal shareholder of Critical; The ▇▇▇▇▇ Family Irrevocable Trust, a principal shareholder of Critical; and Harbor View Fund, Inc., a principal shareholder of Critical, shall each transfer to COL 200,000 shares of Common Stock of Critical. In addition, the Board of Directors of Critical has approved a reduction in the exercise price of the 100,000 warrants to purchase common stock of Critical issued or issuable to COL under the Note from $1.00 per share to $.50 per share. In accordance with the provisions above, and the general releases to be executed by COL as described in Section 3 below, no other monies shall be due and owing to COL.