0001104659-07-024392 Sample Contracts

MUTUAL RELEASE AND SETTLEMENT AGREEMENT
Mutual Release and Settlement Agreement • March 30th, 2007 • Goldspring Inc • Gold and silver ores • Arizona

This Mutual Release and Settlement Agreement (“Agreement”) is made this day of , 2007, by and between the following parties: (1) Stephen B. Parent (“Parent”); (2) Judith A. Parent (collectively with Parent, referred to herein as “Parents”); (3) Purnendu K. Rana Medhi (“Medhi”); (4) Robert T. Faber (“Faber”); (5) Leslie A. Cahan (“Cahan”); (6) GoldSpring, Inc., a Florida Corporation (“GoldSpring”); and (7) certain GoldSpring shareholders defined herein as: Longview Fund, L.P., Longview Equity Fund, L.P., Longview International Equity Fund, L.P., Redwood Grove Capital Management, L.L.C., Redwood Grove Capital Management, Ltd., Viking Asset Management, L.L.C., Viking Asset Management, Ltd., John V. Winfield, InterGroup Corporation, Portsmouth Square, Inc., Santa Fe Financial Corporation, and Merriman Curhan Ford & Co.

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