Settlement And Release Agreement Sample Contracts

Global Bridge Capital, Inc. – Settlement and Release Agreement (August 3rd, 2018)

This Settlement and Release Agreement ("Agreement") is entered into on July 27, 2018, by and between Phillip David Huber, a North Carolina resident, and C.E. Hutchison & Company (/d/b/a The Hutchison Company), a North Carolina corporation, collectively ("Huber") and Global Bridge Capital, Inc., a Delaware corporation, ("Global Bridge"). (Huber and Global Bridge are collectively referred to as the "Parties"). This Agreement is effective upon full execution.

Pacificorp Holdings Ltd. – Settlement and Release Agreement (May 7th, 2018)

THIS SETTLEMENT AND RELEASE AGREEMENT (the "Agreement") is made and entered into as of May 3, 2018 by and among Cannabis Leaf Inc., formerly known and operating as Pacificorp Holdings, a Nevada Corporation ("Releasor"), AGH WA, LLC, a Washington Limited Liability Company; and Paul Donion, an Individual residing in Washington and Cannabis Leaf, are at times referred to collectively as the "Parties" or as "Party" in this Agreement.

Settlement and Release Agreement (March 29th, 2018)

This Settlement and Release Agreement (this Agreement) is entered into between Manitex International, Inc. (the Company) and Michael Schneider (Employee) (the Company and Employee will be collectively referred to hereinafter as the Parties).

Probe Manufacturing – Settlement and Release Agreement (February 15th, 2018)

This Settlement and Release Agreement (the "Agreement") is being entered into this 13th day of February 2018 between Clean Energy Technologies, Inc, a Nevada corporation, (the "Company"), Clean Energy HRS LLC, a California limited liability company and wholly owned subsidiary of the Company ("HRS"), and ETI Partners IV LLC, a Delaware limited liability company, for itself and in its capacity as collateral agent and as the representative of the investors (the "Investors") that are parties to the GE Financing Agreements (defined below) (collectively, "ETI"). The Company, HRS, and ETI are each a "Party" and collectively the "Parties."

Probe Manufacturing – Settlement and Release Agreement (February 15th, 2018)

This Settlement Agreement (the "Agreement") is being entered into this 13th day of February 2018 between Clean Energy Technologies, Inc, a Nevada corporation, (the "Company"), Red Dot Investment, Inc., a California corporation ("Reddot"), Megawell USA Technology Investment Fund 1, a Wyoming limited liability company ("Megawell USA") and Confections Ventures Limited, a British Virgin Island company ("Confections Ventures"). The Company, Reddot, Megawell USA and Confections Ventures each a "Party" and collectively the "Parties."

United Mines Inc – Wage Settlement and Release Agreement (February 1st, 2018)

This Wage Settlement and Release Agreement ("Agreement") is made and executed to be effective as of February 1, 2018 ("Effective Date"), by and among WEED, INC., a Nevada corporation ("Company"), and RYAN BREEN ("Mr. Breen"). The Company and Mr. Breen are sometimes referred to herein individually as a "Party" or collectively as the "Parties."

SmooFi, Inc. – Settlement and Release Agreement (October 31st, 2017)

This Settlement and Release Agreement (the "Agreement") is entered into effective as of the 24th day of October, 2017 by and between Duplitrans, Inc., a Texas corporation ("DUPLITRANS"), and NuLife Sciences, Inc., a Nevada corporation ("NULIFE"), and collectively referred to hereinafter as the "Parties" or individually as a "Party."

HyperDynamics Corporation – Termination, Settlement and Release Agreement (October 13th, 2017)

This Termination, Settlement and Release Agreement (the Agreement) is made as of the 6th day of October, 2017 (the Effective Date ), regardless of when it is executed, by and among SCS Corporation Ltd. (SCS), and South Atlantic Petroleum Ltd. ( SAPETRO ). SCS and SAPETRO are sometimes collectively referred to herein as the Parties, or individually as a Party .

Confidential Settlement and Release Agreement (August 29th, 2017)

This Confidential Settlement and Release Agreement (the "Agreement") is made this 27 of June 2017 by and between Sterling Jewelers Inc., a Delaware corporation (including its successors and assigns, the "Company") and Bryan Morgan (the "Employee").

Confidential Settlement and Release Agreement (May 25th, 2017)

TIDS SETTLEMENT AND RELEASE AGREEMENT ("Agreement") is made as of May 10, 2017 (the "Settlement Date"), by and between Douglas C. Anderson ("Anderson") and Diego Pellicer Worldwide, Inc., a Delaware corporation ("DPWW'' or "Respondent") (collectively, the "Parties").

XRpro Sciences, Inc. – Settlement and Release Agreement (May 17th, 2017)

This Settlement and Release Agreement ("Agreement") is made and entered into this 11th day of May, 2017, between Icagen, Inc. f/k/a Caldera Pharmaceuticals, Inc. ("Icagen") and Dentons US LLP ("Dentons"). Icagen and Dentons may be referred to herein individually as a "Party" or collectively as the "Parties."

Have Gun Will Travel Entertainment, Inc. – Stock Settlement and Release Agreement (February 14th, 2017)

This Stock Settlement and Release Agreement (the "Agreement") is made as of February 13, 2017 (the "Effective Date"), by and between Image Chain Group Limited, Inc., a Nevada corporation (the "Company") and Xinyuan Yang, an individual and citizen of the People's Republic of China ("Yang"). The Company and Yang are each referred to as a "Party" and, collectively, they are sometimes referred to as the "Parties".

Grid Petroleum Corp. – Simlatus Corporation and Ghs Investments, Llc Settlement and Release Agreement (February 13th, 2017)

THIS SETTLEMENT AND RELEASE AGREEMENT (together will all amendments, supplements, schedules, exhibits, attachments and annexes collectively the "Agreement"), is entered into as of 7th day of February 2017, by and between Simlatus Corporation, FKA Grid Petroleum Corp., a Nevada corporation, (together with all past, present and future predecessors, successors and Subsidiaries, collectively, "SIML" or "Company"), and GHS Investments, LLC ("GHS"), a Nevada limited liability company.

JetPay Corporation Announces Satisfaction of Obligations Under Settlement and Release Agreement With Merrick Bank. (January 17th, 2017)

Center Valley, PA- January 17, 2017 - JetPay Corporation ("JetPay" or the "Company") (NASDAQ: JTPY), a leading provider of debit and credit card processing services, payroll and human capital management, and prepaid card services, announced today that it has satisfied its obligations under that certain settlement and release agreement with Merrick Bank, dated July 26, 2016 (the "Merrick Settlement and Release Agreement"), regarding certain civil actions involving the Company in the Federal District Court for the District of Utah (such actions, the "Direct Air Matter").

Settlement and Release Agreement (October 3rd, 2016)

THIS SETTLEMENT AND RELEASE AGREEMENT (this "Agreement"), is entered into as of this 27th day of September 2016 (the "Effective Date") by and between DIFFUSION PHARMACEUTICALS INC., a Delaware corporation, which has its principal place of business at 2020 Avon Court # 4, Charlottesville, VA 22902 ("Diffusion Inc."), Diffusion Pharmaceuticals, LLC, a Virginia limited liability company and wholly-owned subsidiary of Diffusion Inc. which has its principal place of business at 2020 Avon Court # 4, Charlottesville, VA 22902 ("Diffusion LLC," and collectively with Diffusion Inc., "Diffusion"), and DAVID G. Schmidt, an individual and a resident of the state of Texas, whose current address is 2929 Westheimer Road #508, Houston, Texas 77098 ("Schmidt"). Adam Schiffer ("Schiffer"), Andrew Hicks ("Hicks"), and Logan Johnson ("Johnson") (Schiffer, Hicks and Johnson, each, a "Purchaser;" and, collectively, the "Purchasers") are also parties to this Agreement solely for the purposes of Sections 1, 2

Ferrellgas Partners Finance Corp – Termination, Settlement and Release Agreement (September 2nd, 2016)

This Termination, Settlement and Release Agreement (this Agreement) is entered into as of September 1, 2016 (the Effective Date) by and among Jamex, LLC, a Delaware limited liability company (Jamex Parent), Jamex Marketing, LLC, a Louisiana limited liability company (Jamex), Jamex Unitholder, LLC, a Delaware limited liability company (Jamex Unitholder and, together with Jamex and Jamex Parent, the Jamex Entities), and James Ballengee (Ballengee and, together with the Jamex Entities, the Jamex Parties), on the one hand, and Ferrellgas Partners, L.P., a Delaware limited partnership (FGP), Ferrellgas, L.P., a Delaware limited partnership (FGP OLP), and Bridger Logistics, LLC, a Louisiana limited liability company and subsidiary of FGP (Bridger and, together with FGP and FGP OLP, the FGP Parties). Jamex Parent, Jamex, Jamex Unitholder, Ballengee, FGP and Bridger shall be referred to individually by name or as the Party or collectively as the Parties. For purposes of Section 3(c) only, Br

Confidential Settlement and Release Agreement (August 23rd, 2016)

This confidential settlement and release agreement (Settlement) is entered into and effective as of August 18, 2016 (the Effective Date), by and among:

HyperDynamics Corporation – Settlement and Release Agreement (August 17th, 2016)

This Settlement and Release Agreement (the Agreement) is made as of the 15th day of August, 2016 (the Effective Date), regardless of when it is executed, by and among SCS Corporation Ltd. (SCS), Tullow Guinea Ltd. (Tullow) and Dana Petroleum (E&P) Limited (Dana). SCS, Tullow and Dana are sometimes collectively referred to herein as the Parties, or individually as a Party.

Converted Organics Inc – Confidential Patent License, Settlement and Release Agreement (August 9th, 2016)

THIS CONFIDENTIAL PATENT LICENSE, SETTLEMENT AND RELEASE AGREEMENT ("Agreement") is made and effective as of June 3, 2016 (the "Effective Date''), is entered into by and between FINJAN, INC., a corporation organized and existing under the laws of Delaware, signing on its own behalf and on behalf of its Affiliates on the one hand, and PROOFPOINT, INC. and ARMORIZE TECHNOLOGIES, INC. and their respective Affiliates on the other hand. In consideration of the licenses, terms, conditions and recitals set forth below, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties (as defined below) agree as follows:

SETTLEMENT and RELEASE AGREEMENT (July 27th, 2016)

This Settlement and Release Agreement ("Agreement"), dated May 18, 2016, by and between Lumber Liquidators Holdings, Inc. ("LL") and Robert Martin Lynch ("Employee"), states as follows:

clickNsettle.com Inc. – Royalty Settlement and Release Agreement (May 11th, 2016)

THIS ROYALTY SETTLEMENT AND RELEASE AGREEMENT (this "Agreement") is entered into as of the 5th day of May, 2016 (the "Effective Date") by and among Tiger X Medical, Inc. (f/k/a/ Cardo Medical, Inc.) ("Tiger X Medical"), Tiger X Medical, LLC (f/k/a Cardo Medical, LLC) (together with Tiger X Medical, "Sellers" and each a "Seller") and Arthrex, Inc. ("Buyer"). Reference is hereby made to that certain Asset Purchase Agreement, dated as of January 24, 2011, by and among Sellers and Buyer, as amended (the "APA"). Capitalized terms used but not defined in this Agreement shall have the meanings ascribed to them in the APA.

Hpev, Inc. – Settlement and Release Agreement (May 5th, 2016)

This Settlement and Release Agreement (hereinafter, the "Agreement") shall be effective as of May 1, 2015 (the "Effective Date") by and between SPIRIT BEAR LIMITED ("Spirit Bear") and its Assignees, as such term is defined hereinafter in the final recital, and HPEV, INC. ("HPEV"); each of Spirit Bear and HPEV, individually a "Party" or collectively, the "Parties".

Converted Organics Inc – Confidential Patent License, Settlement and Release Agreement (March 25th, 2016)

THIS CONFIDENTIAL PATENT LICENSE, SETTLEMENT AND RELEASE AGREEMENT ("Agreement") is made and effective as of December 29, 2015 (the "Effective Date"), is entered into by and between FINJAN, INC., a corporation organized and existing under the laws of Delaware, signing on its own behalf and on behalf of its Affiliates, and [***], a company organized and existing under the laws of Delaware, signing on behalf of itself and its Affiliates. In consideration of the licenses, terms, conditions and recitals set forth below, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties (as defined below) agree as follows:

Converted Organics Inc – Confidential Patent License, Settlement and Release Agreement (March 25th, 2016)

THIS CONFIDENTIAL PATENT LICENSE, SETTLEMENT AND RELEASE AGREEMENT ("Agreement") is made and effective as of November 15, 2015 (the "Effective Date"), is entered into by and between FINJAN, INC., a corporation organized and existing under the laws of Delaware, signing on its own behalf and on behalf of its Affiliates, and AVAST SOFTWARE s.r.o., a company organized and existing under the laws of the Czech Republic, signing on behalf of itself and its Affiliates. In consideration of the licenses, terms, conditions and recitals set forth below, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties (as defined below) agree as follows:

Synergy CHC Corp. – Settlement and Release AGREEMENT (December 22nd, 2015)

This Settlement and Release Agreement ("Agreement") by and between Synergy CHC Corp., a Nevada corporation ("Releasor"), the former shareholders (the "Shareholders") of Breakthrough Products, Inc., a Delaware corporation (the "Company"), URX ACQUISITION TRUST, a Delaware statutory trust (the "Trust"), on its own behalf and as the representative of the Shareholders, David T. Leyrer ("Leyrer"), Michael Valentino ("Valentino"), Ron Fugate ("Fugate"), and Randall Kaplan ("Kaplan", and collectively with Leyrer, Valentino, Fugate, the "Former Directors") is dated and effective as of the 17th day of December, 2015.

Settlement and Release Agreement (December 11th, 2015)

This Settlement and Release Agreement (the "Agreement") is entered into effective as of the ___th day of ____________, 2015 by and between Cherubim Interests, a Nevada Corporation (the "Company"), and __________________ (Debt Holder), collectively referred to hereinafter as the Parties or individually as a Party.

Settlement and Release Agreement (December 4th, 2015)

This Settlement and Release Agreement ("Agreement") is entered into by and between Emmis Communications Corporation ("Emmis") on the one hand and Corre Opportunities Fund, LP, Zazove Associates LLC, DJD Group LLLP, First Derivative Traders LP and Kevan A. Fight (collectively, the "Preferred Group") on the other hand. Emmis and the Preferred Group are collectively referred to as "Parties." This Agreement shall be effective upon execution by all Parties or their representatives.

Skkynet Cloud Systems, Inc. – Settlement and Release Agreement (December 1st, 2015)

THIS SETTLEMENT AND RELEASE AGREEMENT ("Agreement") is entered into as of November 13, 2015 (the "Effective Date"), by and among Skkynet Cloud Systems, Inc., a Nevada corporation with an address at 2233 Argentia Road, Suite 306, Mississauga, ON L5N 2X7, Canada ("Skkynet"), Cogent Real-Time Systems Inc., a Canadian Federal corporation ("Cogent") (Skkynet and Cogent shall be collectively referred to herein as "Employer") and, an individual residing at, Canada (the "Employee"). Employer and Employee are referred to in this Agreement individually as the "Party" or collectively as the "Parties."

Skkynet Cloud Systems, Inc. – Settlement and Release Agreement (December 1st, 2015)

THIS SETTLEMENT AND RELEASE AGREEMENT ("Agreement") is entered into as of November 13, 2015 (the "Effective Date"), by and between Skkynet Cloud Systems, Inc., a Nevada corporation with an address at 2233 Argentia Road, Suite 306, Mississauga, ON L5N 2X7, Canada ("Skkynet") and , an individual residing at , United States (the "Officer/Director"). Skkynet and Officer/Director are referred to in this Agreement individually as the "Party" or collectively as the "Parties."

Settlement and Release Agreement (October 16th, 2015)

THIS SETTLEMENT AND RELEASE AGREEMENT (this "Agreement") is entered into in Provo, Utah, on October 14, 2015, by and between Nu Skin Enterprises, Inc., a Delaware corporation (together with its subsidiaries and affiliates, the "Company"), and Daniel R. Chard ("Employee"). The Company and Employee are sometimes referred to herein collectively as the "parties" and individually as a "party."

Settlement and Release Agreement (August 6th, 2015)

This settlement and release agreement ("Agreement") is entered into by and between SunEdison, Inc., (formerly MEMC Electronic Materials, Inc., "SunEdison"), and Wacker Chemie AG ("Wacker") (collectively, Wacker and SunEdison shall be referred to in this Agreement as the "Parties" and individually as a "Party").

Rimrock Gold Corp. – Settlement and Release Agreement (July 17th, 2015)

THIS SETTLEMENT AND RELEASE AGREEMENT (this "Agreement"), dated as of April 22, 2015, is entered into by and among (i) UPTICK CAPITAL, LLC, a limited liability company organized and existing under the laws of the State of Connecticut ("Uptick"), (ii) ZAHAV RESOURCES, INC., a corporation incorporated under the laws of the State of Delaware ("Zahav"); and (iii) RIMROCK GOLD CORP., a corporation incorporated under the laws of the State of Nevada ("Rimrock"). Uptick, Zahav and Rimrock are collectively referred to herein as the "Parties," or each of them individually as a "Party".

Orrstown Financial Services, Inc. – Such Corporation, Guarantees Any of Its Financial Obligations, Otherwise Takes Any Part in Its Business, Other Than Exercising His Rights as a Shareholder, or Seek to Do Any of the Foregoing. (May 22nd, 2015)
Hpev, Inc. – Settlement and Release Agreement (May 5th, 2015)

This Settlement and Release Agreement (hereinafter, the "Agreement") shall be effective as of May 1, 2015 (the "Effective Date") by and between SPIRIT BEAR LIMITED ("Spirit Bear") and its Assignees, as such term is defined hereinafter in the final recital, and HPEV, INC. ("HPEV"); each of Spirit Bear and HPEV, individually a "Party" or collectively, the "Parties".

Bbooth, Inc. – Settlement and Release Agreement (March 9th, 2015)

THIS AGREEMENT WITNESSES THAT, in consideration of the covenants and agreements set out herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, bBooth, Songstagram and the Claimant (each, a "Party" and one or more being "Parties") covenant and agree as follows: