SEE THE PDF ATTACHMENT FOR BETTER VIEWING CALYPSO WIRELESS, INC. EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • June 29th, 2009 • Calypso Wireless Inc • Telephone communications (no radiotelephone) • Texas
THIS EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement"), effective as of May 15, 2008, by and between CALYPSO WIRELESS, INC., a Delaware corporation (“CALYPSO”), and CRISTIAN C. TURRINI (the “Executive”).
SEE THE PDF ATTACHMENT FOR BETTER VIEWING AMENDED AND RESTATED SETTLEMENT AGREEMENTSettlement Agreement • June 29th, 2009 • Calypso Wireless Inc • Telephone communications (no radiotelephone) • Texas
Authority. Each party represents and warrants to the other that it has the full right, power and authority to enter into this Agreement and to perform all ofits obligations hereunder, and that its below-signed representative has authority to execute this Agreement on its behalf.
SEE THE PDF ATTACHMENT FOR BETTER VIEWINGCalypso Wireless Inc • June 29th, 2009 • Telephone communications (no radiotelephone)
As you know, the Amended and Restated Settlement Agreement executed by all parties on April 3, 2009, provides that Calypso is required to deliver a certificate representing 13,400,000 shares (constituting the Remaining Shares and the Additional Shares) to Daic and Williamson P.C. within fifteen (15) days of April 3, 2009. (See Paragraph 7). Itis now June 24, 2009, and we have not received the requisite share certificates. Therefore, Calypso is in default of the Amended and Restated Settlement Agreement and Daic has the immediate right to collect upon the Daic Judgment.
