SETTLEMENT AGREEMENT AND MUTUAL RELEASESSettlement Agreement and Mutual Releases • May 5th, 2004 • Fonix Corp • Services-computer integrated systems design • Delaware
Contract Type FiledMay 5th, 2004 Company Industry JurisdictionTHIS SETTLEMENT AGREEMENT AND MUTUAL RELEASES (this “Settlement Agreement”) is made effective as of December 31, 2003, by and among FONIX CORPORATION, a Delaware corporation (“Fonix”), and AUDIUM CORPORATION, a Delaware corporation (“Audium”). Fonix and Audium are collectively referred to herein as the “Parties.”