PROXY CONTEST SETTLEMENT AGREEMENTProxy Contest Settlement Agreement • July 13th, 2012 • LONGKLOOF LTD • Services-motion picture & video tape distribution • Colorado
This Proxy Contest Settlement Agreement (this “Agreement”) is made and entered into as of July 11, 2012, by and among New Frontier Media, Inc., a Colorado corporation (“New Frontier” or the “Company”), and each of the entities and natural persons listed on Exhibit A hereto (such entities and natural persons, collectively, the “Longkloof Entities” and each, individually, a “member” of the Longkloof Entities) (the Company and each of the members of the Longkloof Entities, a “Party,” and collectively, the “Parties”).
