0001144204-14-055214 Sample Contracts

Settlement Agreement dated as of August 15, 2014, consummated effective on September 4, 2014 SETTLEMENT AGREEMENT
Settlement Agreement • September 10th, 2014 • ProPhase Labs, Inc. • Pharmaceutical preparations • Pennsylvania

This is a Settlement Agreement (“Settlement Agreement,” or “Agreement”) dated August 15, 2014, by and among Guy J. Quigley, Wendy Quigley, Gary Quigley, the Estate of Josephine Quigley (“Estate”), George Longo (“Longo”), Kevin Brogan (“Brogan”), Graham Brandon (“Brandon”), Joseph Currivan (“Currivan”), Josephine Gleeson (“Gleeson”), Frances Boston (“Boston”), Scanda Systems Ltd (UK) (“Scanda UK”), Scanda Systems Ltd (US) (“Scanda US”), Kariba Holdings, Ltd. (“Kariba”), Chilesha Holdings Ltd. (“Chilesha”), InnerLight Holdings, Inc. and InnerLight Worldwide, Inc. (the latter two parties being referred to as “InnerLight”) (collectively, “the Quigley Settlors”), and ProPhase Labs, Inc. (the “ProPhase Settlor.”). The Quigley Settlors and the ProPhase Settlor shall be referred to collectively as “the Settlors.”

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