CONFIDENTIAL SETTLEMENT AGREEMENT AND GENERAL RELEASE OF ALL CLAIMSWaiver and Confirmation Agreement • August 18th, 2005 • Pricesmart Inc • Retail-variety stores • California
Contract Type FiledAugust 18th, 2005 Company Industry JurisdictionThis Settlement Agreement and General Release of All Claims (“Agreement”) is entered into on August 5, 2005, by: William Go, an individual (“MR. GO”), E-Class, a Philippine corporation (“E-Class”), and PSMT Philippines, a Philippine Corporation (“PSMTP”), MR. GO’s affiliated companies, National Import and Export Company, San Marino International Corporation, Arcadia International Corporation and Christine Merchandising, Inc. (“GO Affiliates”), on the one hand, and PriceSmart, Inc., a Delaware Corporation, (“PSMT Inc.”), on the other hand. E-CLASS, PSMTP, GO Affiliates and PSMT Inc. shall be collectively referred to as the “Parties.”