SETTLEMENT AGREEMENT AND MUTUAL RELEASE

EXHIBIT 10.1

This SETTLEMENT AGREEMENT AND MUTUAL RELEASE (the “Agreement”) is made and shall be effective as of August 28, 2013, by and between Adrenalina, Inc. (“Adrenalina”), Gigantic Parfums, LLC and Xxxx Xxxxxx (the “Adrenalina Parties”), on the one hand, and Xxxxxx Xxxxx and July Moon Productions, Inc. (the “Xxxxx Parties”) on the other. Collectively, the above-referenced entities and individuals shall be referred to herein as the “Parties.”

RECITALS

WHEREAS, a dispute has arisen between the Adrenalina Parties and the Xxxxx Parties regarding a Licensing Agreement (“Licensing Agreement Dispute”) entered into between Adrenalina, on the one hand, and the Xxxxx Parties, on the other, on or about June 14, 2011 (the “Licensing Agreement”);

WHEREAS, the Licensing Agreement Dispute is the subject of allegations set forth in the pending action filed by Adrenalina in Los Angeles County Superior Court, entitled Adrenalina Incorporated vs. July Moon Productions, Inc., and Xxxxxx Xxxxx, Case No. SC120598 (the “Action”);

WHEREAS, the Xxxxx Parties filed cross-claims in the action against the Adrenalina Parties and intended to file additional cross-claims (collectively, the “Cross-Claims”);

WHEREAS, the Parties desire to fully and completely resolve all disputes associated with, or in any way related to, the Licensing Agreement Dispute, and any other disputes or matters of any nature that were asserted or may or could have been asserted by the Parties against each other in the Action (collectively, the “Disputes”);

WHEREAS, the Parties have agreed to compromise their respective claims and defenses, in order to avoid the expense and uncertainty of further litigation. This Agreement is a compromise of disputed claims, and nothing contained herein is to be construed as an admission of fact or of liability on the part of any Party or of the absence of liability by any Party with respect to the Disputes.

NOW, THEREFORE, in consideration of the covenants, agreements, representations, and warranties contained in this Agreement, and for valid and binding consideration, the sufficiency of which is hereby acknowledged by the Parties, the Parties hereby agree as follows:

1. Payment Upon Execution

The Xxxxx Parties shall pay Adrenalina Inc. the amount of $500,000 immediately upon mutual execution of this Agreement by wire transfer pursuant to wire instructions to be separately provided.

2. Termination Of Licensing Agreement

By this Agreement, the Adrenalina Parties acknowledge that the Licensing Agreement has been terminated and they have no further right to develop, produce, manufacture, market, distribute and/or sell any products that it was otherwise entitled to develop, produce, manufacture, market, distribute and/or sell under the Licensing Agreement except as set forth in this Agreement. For the avoidance of doubt, the Parties hereby acknowledge that the Xxxxx Parties are and shall be the sole owners of any intellectual property relating to the License Agreement and/or the Products and/or Trademark (as those terms are defined under the License Agreement), including without limitation juices, product formulas, product specifications, chemical and mineral compositions, and product names, molds, and bottle and cap designs.

Adrenalina will immediately inform in writing the manufacturers in possession of the molds that the Xxxxx Parties are the owners of the molds and any technical drawings, and will cooperate in any efforts by the Xxxxx Parties to have the molds shipped to her designee in the United States or elsewhere at the Xxxxx Parties’ expense.

The Adrenalina Parties shall be prohibited from using or otherwise exploiting Xxxxxx Xxxxx'x name, image, likeness, persona and/or other publicity rights for any purpose whatsoever other than in connection with the Adrenalina Parties' sell-off rights outlined in Section 4 herein.

3. The Xxxxx Parties’ Royalty Payment To Adrenalina

Upon the Xxxxx Parties (or any new or existing entity owned by or affiliated with Xxxxx and/or July Moon Productions Inc.) licensing and/or assigning the right to use Xxxxx’x name and/or likeness in connection with the manufacture and/or distribution of perfume (the “New Perfume Agreement”) in any territory worldwide (whether in one or more new agreements), the Xxxxx Parties shall pay to Adrenalina one and one-half percent (1.5%) of the Net Sales (as that term is defined and upon which the Xxxxx Parties’ royalties are calculated under the New Perfume Agreement(s)) for a five-year period. For the sake of clarity, the Adrenalina Parties are entitled to 1.5% of Net Sales upon which the Xxxxx Parties’ royalties are calculated under the New Perfume Agreement(s), and not 1.5% of the Xxxxx Parties’ share of the royalty. If the New Perfume Agreement is for a term of less than five (5) years, Adrenalina is entitled to the same royalty on the Xxxxx Parties’ next perfume license so that Adrenalina receives royalties for a full five years.

(a) The Xxxxx Parties will provide to Adrenalina a copy of the relevant financial terms (including but not limited to the minimum annual sales for the first five years) of the New Perfume Agreement(s) within five (5) days of execution, and Adrenalina agrees to keep confidential the terms of New Perfume Agreement(s) unless Adrenalina needs to enforce its rights under the Agreement pursuant to Paragraph 9.

(b) The payments due from the Xxxxx Parties to the Adrenalina Parties under this paragraph 3 shall be due within five (5) business days of the Xxxxx Parties' actual receipt of royalty payments under the New Perfume Agreement.

(c) Along with each payment made under paragraph 3 of this Agreement, Xxxxx shall provide the Adrenalina Parties a copy of the most recent royalty statement provided to the Xxxxx Parties under the New Perfume Agreement.

(d) All payments and royalty statements due by Xxxxx to the Adrenalina Parties pursuant to this provision shall be directed to the following address:

Xxxx Xxxxxx Adrenalina Inc.

0000 Xxxxxxxxxx Xxxx., #000 Xxxxxxxxxx Xxxxx, XX 00000

4. The Adrenalina Parties’ Sell-Off Rights

The Adrenalina Parties are currently in possession of components listed on Exhibit A (the “Perfume Components”), which are components designed specifically for the perfume manufactured and distributed by the Adrenalina Parties pursuant to the Licensing Agreement (the “Xxxxx Perfume”). The Adrenalina Parties shall have thirty (30) days from the last date of mutual execution of this Agreement, or September 5, 2013, whichever comes later (the “Sell-Off Period”) to use the Perfume Components to sell units of the Xxxxx Perfume to wholesalers, among others. For the sake of clarity, the Adrenalina Parties shall be prohibited from manufacturing or otherwise assembling any Perfume Components, and/or taking any new orders, of Xxxxx Perfume following the expiration of the Sell-Off Period, but they may ship Xxxxx Perfume up to seven (7) business days after the Sell-Off Period. The Adrenalina Parties represent and warrant that the components listed in Exhibit A are the only components that they have in their possession for manufacturing the Xxxxx Perfume and that they are not aware of any third party having any component for manufacturing the Xxxxx Perfume beyond those listed in Exhibit A.

(a) If additional components are required to convert the Perfume Components, including the perfume itself, into completed units of the Xxxxx Perfume during the Sell- Off Period, the Adrenalina Parties shall be entitled to purchase only such additional components which are necessary to convert the Perfume Components into completed units of the Xxxxx Perfume. Under no circumstances shall the Adrenalina Parties be permitted to sell units and/or styles in excess of the figures reflected in Exhibit A hereto.

(b) Adrenalina will only use images of Xxxxx previously approved by her for marketing of the Xxxxx Perfume during the Sell-Off Period.

(c) Within three (3) business days of the conclusion of the Sell-Off Period, the Adrenalina Parties shall pay to the Xxxxx Parties 5% of Wholesale Net Sales (as that term is defined in the Licensing Agreement) of the Xxxxx Perfume sold during the Sell- Off Period. The Adrenalina Parties shall provide to the Xxxxx Parties copies of all invoices from sales made by Adrenalina to wholesalers (or others) during the Sell-Off Period.

(d) If the Adrenalina Parties fail to pay the royalty due to the Xxxxx Parties pursuant to paragraph 3(b) of the this Agreement, the Adrenalina Parties shall pay to the Xxxxx Parties the sum of $250,000 in addition to any other remedies to which the Xxxxx Parties may be entitled to in law or in equity. Without limitation to the Xxxxx Parties' rights and remedies, the Xxxxx Parties shall be entitled to offset the amount owed against royalties payable by the Xxxxx Parties to the Adrenalina Parties under paragraph 3 of this Agreement.

(e) If the Adrenalina Parties accept new orders of the Xxxxx Perfume after the expiration of the Sell-Off Period or otherwise violate this provision by manufacturing, selling and/or distributing Perfume Components and/or the Xxxxx Perfume beyond expiration of the Sell-Off Period, the Adrenalina Parties shall pay to the Xxxxx Parties the amount of $250,000 in addition to any other remedies to which the Xxxxx Parties may be entitled to in law or in equity. In particular, the Adrenalina Parties acknowledge that in the event of a breach or threatened breach of this provision by the Adrenalina Parties, the Xxxxx Parties will suffer significant and irreparable harm that cannot be satisfactorily compensated in monetary terms and for which the Xxxxx Parties have no adequate remedy at law. Therefore, the Xxxxx Parties shall be entitled to obtain injunctive relief to enforce this provision, including without limitation a temporary restraining order, preliminary injunction and/or permanent injunction.

5. Dismissal of the Action And All Cross-Claims With Prejudice

Within ten (10) calendar days of the execution of this Agreement, the parties shall execute and cause to be filed a Notice of Dismissal of the Action, dismissing the Action, including the Cross-Claims, in their entirety with prejudice. In accordance with Section 9 below, the Parties agree that the Court will retain jurisdiction over the parties to enforce the settlement until performance in full of the terms of this Agreement pursuant to California Code of Civil Procedure Section 664.6.

6. Mutual and General Releases

(a) Definition of “Affiliated Parties”. As used in this Agreement, the term “Affiliated Parties” shall refer to a party’s owners, affiliates, partners, members, managers, directors, officers, shareholders, parent corporations, partnerships, trusts, beneficiaries, agents, representatives, administrators, predecessors, successors, assigns, principals, subsidiaries, divisions, insurers and insurance companies, attorneys, employers and employees, and each of them.

(b) Releases by the Adrenalina Parties. Except for the rights and obligations arising under this Agreement, upon full execution and delivery of this Agreement by all Parties, in consideration of the mutual promises and covenants undertaken herein, the Adrenalina Parties for themselves and for their Affiliated Parties, and each of them, do fully and forever relieve, release and discharge the Xxxxx Parties and their Affiliated Parties, including without limitation Creative Artists Agency and Xxxxxxxxx Xxxxxx, from any and all claims, debts, liabilities, demands, obligations, promises, acts, agreements, fees, disbursements, costs, and expenses (including, but not limited to, actual attorneys’ fees and costs), accounts, liens, damages, warranties, actions, causes of action and claims for relief that the Adrenalina Parties and their Affiliated Parties now have or may have in the future against the Xxxxx Parties and their Affiliated Parties for any reason whatsoever, whether known or unknown, suspected or unsuspected, concealed or overt, patent or latent, contingent or certain, at law or in equity, of any nature, arising from or relating to any facts and/or circumstances existing at the time of this Agreement, including but not limited to any such matters that arise out of, or are in any way related to the Disputes, or that arise out of, or are in any way related to, disputes or matters among the parties prior to the effective date of this Agreement, and any other disputes or matters that may or could have been brought by the Adrenalina Parties and their Affiliated Parties against the Xxxxx Parties or their Affiliated Parties, in connection therewith or in connection with the Licensing Agreement.

(c) Releases by Xxxxx Parties. Except for the rights and obligations arising under this Agreement, upon full execution and delivery of this Agreement by all Parties, in consideration of the mutual promises and covenants undertaken herein, the Xxxxx Parties, for themselves and for their Affiliated Parties, and each of them, do fully and forever relieve, release and discharge the Adrenalina Parties and their Affiliated Parties, and each of them, from any and all claims, debts, liabilities, demands, obligations, promises, acts, agreements, fees, disbursements, costs, and expenses (including, but not limited to, actual attorneys’ fees and costs), accounts, liens, damages, warranties, actions, causes of action and claims for relief, including without limitation, trademark and/or right of publicity claims, that the Xxxxx Parties, and their Affiliated Parties now have or may have in the future against the Adrenalina Parties and their Affiliated Parties, for any reason whatsoever, whether known or unknown, suspected or unsuspected, concealed or overt, patent or latent, contingent or certain, at law or in equity, of any nature, arising from or relating to any facts and/or circumstances existing at the time of this Agreement, including but not limited to any such matters that arise out of, or are in any way related to, the Disputes, or that arise out of, or are in any way related to, disputes or matters among the parties prior to the effective date of this Agreement, and any other disputes or matters that may or could have been brought by the Xxxxx Parties, or their Affiliated Parties against the Adrenalina Parties or their Affiliated Parties, in connection therewith or in connection with the Licensing Agreement.

(d) Covenant Not to Xxx. The Parties, or any of them, shall not initiate or prosecute by claim, cross-claim, counter-claim, third party claim or otherwise, any claim or action against any party to this Agreement (including all Affiliated Parties released under this Agreement), before any state or federal agency, court or other tribunal of competent jurisdiction which in any manner relates to any or all of the matters which are released in this Agreement, except for enforcement of the obligations of the Parties under this Agreement.

7. Waiver of California Civil Code § 1542

(a) Waiver. The Parties understand and agree that the releases contained herein extend to all claims of any nature and kind whatsoever related to claims or facts arising from the Disputes or the Parties’ Agreements. In that regard, the Parties, and each of them, acknowledge that they are familiar with the provisions of Section 1542 of the California Civil Code which reads as follows:

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF

KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

The Parties, and each of them, hereby knowingly and voluntarily waive any and all rights they may have under Section 1542.

(b) Subsequent Facts. In connection with the waiver and relinquishment of the rights described in Section 1542, the Parties, and each of them, acknowledge that they may hereafter discover facts in addition to or different from those which they know or believe to be true with respect to the releases contained in this Agreement, but that it is their intention fully, finally and forever to settle and release the matters, disputes and differences, whether known or unknown, suspected or unsuspected, concealed or overt, patent or latent, contingent or certain, at law or in equity, that arise out of, or in any way relate to the Disputes or to the Parties’ Agreements, prior to the effective date of this Agreement, and any other matters that may or could have been brought by the Parties in connection therewith, which may now exist or heretofore have existed with the other Parties. This release shall be and remain in effect as a full and complete release notwithstanding the subsequent discovery or existence of any additional or different facts.

8. Provisions of License Agreement Still in Effect

Notwithstanding Section 2 regarding termination of the License Agreement, the following provisions of the License Agreement remain in effect subject to the modifications set forth below:

§	Paragraph 13 except that the Parties acknowledge the License Agreement itself is a public document

§	Paragraph 15 except for the second sentence of 15(a)

§	Xxxxxxxxx 00

§	Xxxxxxxxx 00

§	Xxxxxxxxx 18(d) and 18(g)

§	Paragraph 24

9. No Admission of Liability

It is understood and agreed that the settlement which is the subject of this Agreement is a compromise of disputed claims and that any consideration given, or the fact that this settlement was entered into, is not to be construed as an admission of liability by the Parties, or any of them individually. The Parties deny any liability and, by this instrument, intend merely to avoid further litigation. The settlement memorialized in this Agreement has been arrived at after thorough bargaining and negotiations at arm’s length and represents the final, mutually agreeable compromise.

10. Enforcement of Agreement

The Parties agree that the Court will retain jurisdiction over the parties to enforce the settlement until performance in full of the terms of this Agreement pursuant to California Code of Civil Procedure Section 664.6.

11. General Provisions

(a) No Pending Actions. Each party to this Agreement represents and warrants for the benefit of the other parties that he, she, it or they have not filed any lawsuit, arbitration proceeding, administrative action, or any other action, claim or proceeding of any kind against any of the Parties released hereunder (including any party’s Affiliated Parties), except for the Action.

(b) Warranty of No Assignment of Claims. Each party to the Agreement mutually warrants and represents to the other parties that no right, claim, cause of action, or demand, or any part thereof, which he, she, it or they have against the other Parties to this Agreement (including any party’s Affiliated Parties) has been or will be assigned, granted, or transferred in any way to any other person, entity, firm, or corporation, in any manner whatsoever.

(c) Successors. This Agreement is binding upon and shall inure to the benefit of the Parties hereto and to their respective predecessors-in-interest, successors, permitted assigns, agents, employees, board members, directors, officers, stockholders, members and affiliates.

(d) Agreement Read by Parties. Each party to this Agreement has read and fully understands all of the terms used and their significance. Each party hereto represents and warrants to and for the benefit of each other party that it has been represented by legal counsel of its own choice in the negotiation and preparation of this Agreement, that each Party has contributed to the drafting of this Agreement with the assistance of counsel, and that this Agreement is executed voluntarily without duress or undue influence on the part or on behalf of any other party.

(e) Complete Agreement; Amendment. This Agreement contains the entire agreement between the Parties hereto and supersedes all prior agreements, representations, warranties, statements, promises, and understandings, whether oral or written, with respect to the subject matter hereof. No party shall be bound by any oral or written agreements, representations, warranties, statements, promises, or understandings not specifically set forth in this Agreement or the exhibits hereto. This Agreement may not be amended, altered, or modified except by a writing signed by all Parties hereto.

(f) Other Assurances. Each of the Parties agrees to perform such further acts and to execute and deliver, at the reasonable request of the other Party, such further documents and other assurances reasonably necessary in connection with the performance of the Parties' obligations hereunder in order to carry out the intent of the Parties.

(g) Interpretation. No party or its counsel shall be deemed the drafter of this Agreement for purposes of construing the provisions hereof. The language in all parts of this Agreement shall in all cases be construed according to its fair meaning and not strictly construed for or against any party hereto.

(h) Negotiation of the Agreement. This Agreement is the product of arms length negotiations and contains all the terms and conditions agreed upon by the Parties regarding the subject matter of this Agreement. This Agreement shall be deemed jointly negotiated and drafted and no single party shall be deemed to be the sole drafter of this Agreement.

(i) Governing Law. This Agreement has been entered into in the State of California and all questions with respect to this Agreement and the rights and liabilities of the Parties hereto shall be governed by the laws of that state as would apply to contracts wholly made and executed in that state.

(j) Definitions. All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular, or plural, as the identity of the person, persons, entity, or entities may require.

(k) Titles and Captions. Section titles or captions contained in this Agreement are inserted only as a matter of convenience and for reference, and in no way define, limit, extend, or describe the scope of this Agreement or the intent of any provision hereof.

(l) Authority to Execute Agreement. Each party or person executing this Agreement in a representative capacity on behalf of a corporate entity hereby represents that he or she is duly authorized by such entity to execute this Agreement on its behalf, and to bind it to the terms and conditions hereof.

(m) Severability. The provisions of this Agreement are severable, and if any one or more provisions shall be determined to be illegal, invalid, or unenforceable in whole or in part, the remainder of this Agreement and any partially unenforceable provisions to the extent enforceable, nevertheless shall be binding and enforceable.

(n) Attorneys’ Fees and Costs. Except as otherwise provided in this Agreement, each of the parties hereto shall pay all of its own costs, legal fees, and any other expenses incurred in connection with the Action. In the event of any arbitration or court proceeding arising from or relating to this Agreement, the prevailing party in that arbitration or litigation shall be entitled to his/her/its attorneys' fees and costs in connection therewith.

(o) Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. PDF signature pages shall be deemed original signature pages.

(p) Waiver. No failure or delay by a party to insist upon the strict performance of any term, condition, covenant or agreement of this Agreement, or to exercise any right, power or remedy hereunder or under law or consequent upon a breach hereof or thereof shall constitute a waiver of any such term, condition, covenant, agreement, right, power or remedy or of any such breach or preclude such party from exercising any such right, power or remedy at any later time or times.

12. Notices

All notices or other communications required or permitted under this Agreement shall be in writing and shall be delivered by personal service, or by certified or registered mail, postage prepaid, return receipt requested, to the Parties hereto at the addresses herein set forth below:

If to Adrenalina Parties:

Xxxx Xxxxxx Adrenalina Inc.

0000 Xxxxxxxxxx Xxxx., #000 Xxxxxxxxxx Xxxxx, XX 00000

CC:

Xxxxx X. Xxxxxxx

Law Offices of Xxxxx X. Xxxxxxx 0000 Xxxxxxxxx Xxxx., #000

Xxxxxxxxx, XX 00000 If to the Xxxxx Parties:

X.X. Xxxxxxx, Esq.

Ziffren Xxxxxxxxxx, et al. LLP 0000 Xxxxxxx Xxxx Xxxx

Xxx Xxxxxxx, XX 00000 CC:

Xxxxxxx X. Xxxxxxxx, Esq. Xxxxxx & Singer P.C.

0000 Xxxxxxx Xxxx Xxxx, Xxxxx 0000 Xxx Xxxxxxx, XX 00000

13. Confidentiality

Except as otherwise provided herein, the terms of this Agreement shall be treated as strictly confidential. Accordingly, no Party or his/her/its Affiliated Parties shall, directly or indirectly, verbally or otherwise, disclose, discuss, disseminate, divulge, post, reveal, publish, publicize, or hint at any of the terms hereof to any person or entity, except as set in this section. Notwithstanding anything to the contrary above, a Party or his/her/its attorneys may disclose the terms of this Agreement to that Party's or attorney's attorney, tax or financial advisor or accountant, but only to the extent that such attorney, advisor or accountant requires such information for legitimate legal or tax or financial planning/tax reporting purposes and that any attorney, tax or financial advisor or accountant receiving such information is advised of the requirement of confidentiality and agrees to keep the terms hereof strictly confidential. A Party or his/her/its attorney may also disclose the terms of this Agreement as reasonably necessary in any judicial or arbitral proceeding to enforce the terms hereof, or to comply with reporting obligations to the government, including but not limited to the Securities Exchange Commission.

To the extent any Party, and/or his/her/its counsel or other representative, receives a lawful subpoena or other judicial compulsion seeking the disclosure of this Agreement or the terms herein, such Party shall immediately notify the other Party of such process in writing and shall allow such other Party at least five business days to object in writing to disclosure. The Party under compulsion of subpoena or judicial process shall not disclose any confidential information during the five day period and, if an objection is made by a Party seeking to avoid disclosure, the Party under compulsion shall refrain from disclosing any confidential information to the maximum extent permissible by law to afford the objecting party sufficient time to take appropriate legal action to prevent disclosure.

In response to any inquiry from any person or entity concerning the Action and/or resolution thereof, a Party and/or his/her/its representatives may respond only that “the Parties have amicably resolved their differences,” or words to that effect, or may provide no response at all.

IN WITNESS WHEREOF, the parties have caused this Settlement Agreement and Mutual Release to be executed as follows.

Date: September 6, 2013		/s/ Xxxx Xxxxxx
		XXXX XXXXXX


	ADRENALINA, INC.

Date: September 6, 2013	By:	/s/ Xxxx Xxxxxx
	Name:	Xxxx Xxxxxx
	Title:	President


	GIGANTIC PARFUMS, LLC

Date: September 6, 2013	By:	/s/ Xxxx Xxxxxx
	Name:	Xxxx Xxxxxx
	Title:	President


	JULY MOON PRODUCTIONS, INC.

Date: September 9, 2013	By:	/s/ Xxxxxx Xxxxx
	Name:	Xxxxxx Xxxxx
	Title:	President


Date: September 9, 2013		/s/ Xxxxxx Xxxxx
		XXXXXX XXXXX

EXHIBIT A

ITEM	ITEM DESCRIPTION	QTY ON HAND		IN TRANSIT		TOTAL AVAILABLE		COST		TOTAL

Xxxxxx Xxxxx Raw Materials
ADR‐ACTCOVER30ML AA	Xxxxxx Xxxxx Parts:30ml Actuator Cover		1,597				1,597	‐		‐
ADR‐BOT100ML AA	Xxxxxx Xxxxx Parts:100 ml Bottle		11,861				11,861		0.630		7,472.43
ADR‐BOT30ML AA	Xxxxxx Xxxxx Parts:30 ml Bottle		9,955		16,000		25,955		0.500		12,977.50
ADR‐BOT50ML AA	Xxxxxx Xxxxx Parts:50 ml Bottle		26,560				26,560		0.510		13,545.60
ADR‐BOX100ML AA	Xxxxxx Xxxxx Parts:100 ml Box		32,614				32,614		0.490		15,980.86
ADR‐BOX30ML AA	Xxxxxx Xxxxx Parts:30 ml Box		57,225				57,225		0.400		22,890.00
ADR‐BOX50ML AA	Xxxxxx Xxxxx Parts:50 ml Box		28,627				28,627		0.420		12,023.34
ADR‐CAP100ML AA	Xxxxxx Xxxxx Parts:100 ml Cap Prod Lips‐Protector		13,075				13,075		2.100		27,457.50
ADR‐CAP30ML AA	Xxxxxx Xxxxx Parts:30 ml Cap Prod Lips‐Protector		9,351		18,700		28,051		2.100		58,907.10
ADR‐CAP50ML AA	Xxxxxx Xxxxx Parts:50 ml Cap Prod Lips‐Protector		26,610				26,610		2.100		55,881.00
ADR‐CELLPARTITION AA	Xxxxxx Xxxxx Parts:100 ml WIP Shipper x 24		238				238		1.780		423.64
ADR‐CHIP100ML AA	Xxxxxx Xxxxx Parts:100 xx Xxxxxx x 3		4,065				4,065		0.470		1,910.55
ADR‐CHIP30ML AA	Xxxxxx Xxxxx Parts:30 xx Xxxxxx x 3		13,763				13,763		0.300		4,128.90
ADR‐CHIP50ML AA	Xxxxxx Xxxxx Parts:50 xx Xxxxxx x 3		11,700				11,700		0.360		4,212.00
ADR‐DEEPBOX30ML AA	Xxxxxx Xxxxx Parts:30ml Deep Box		684				684		1.070		731.88
ADR‐DEEPCHP30ML AA	Xxxxxx Xxxxx Parts:30ml Packer	‐				‐			0.700	‐
ADR‐DEEPMASTER30ML AA	Xxxxxx Xxxxx Parts:30ML DEEP BOX SHIPPER	‐				‐			0.896	‐
ADR‐DOWN15ML AA	Xxxxxx Xxxxx Parts:15ml Down Cap		6,576				6,576		0.150		986.40
ADR‐GSBOX163290 AA	Xxxxxx Xxxxx Parts:30ml Gift Set Window Box		5,672				5,672			‐
ADR‐GSBOX162990L AA	Xxxxxx Xxxxx Parts: 100 ml Gift Set Box		9,475				9,475			‐
ADR‐INNERDEEP30ML AA	Xxxxxx Xxxxx Parts:30ml Inner Deep Carton		1,426				1,426	‐		‐
ADR‐INNER100ML AA	Xxxxxx Xxxxx Parts:100ml Inner Carton		7,427				7,427	‐		‐
ADR‐INNER30ML AA	Xxxxxx Xxxxx Parts:30 ml Inner Carton		57,350				57,350	‐		‐
ADR‐INNER50ML AA	Xxxxxx Xxxxx Parts:50 ml Inner Carton		36,981				36,981	‐		‐
ADR‐LABEL100ML AA	Xxxxxx Xxxxx Parts:100 ml Bottom Label		12,218				12,218		0.020		244.36
ADR‐MASTER100ML AA	Xxxxxx Xxxxx Parts:100 xx Xxxxxxx x 12	‐				‐			0.700	‐
ADR‐MASTER30ML AA	Xxxxxx Xxxxx Parts:30 xx Xxxxxxx x 12		661				661		0.700		462.70
ADR‐MASTER4PC AA	Xxxxxx Xxxxx Parts:4PC Set Shipper		1,667				1,667		0.980		1,633.66
ADR‐MASTER50ML AA	Xxxxxx Xxxxx Parts:50 xx Xxxxxxx x 12		2,760				2,760		0.700		1,932.00
ADR‐MASTWINDOW‐GS AA	Xxxxxx Xxxxx Parts: Gift Set Shipper x 6		933				933		2.260		2,108.58
ADR‐PUMP100ML AA	Xxxxxx Xxxxx Parts:100 ml Bottle Pump		51,393				51,393		0.230		11,820.39
ADR‐PUMP30ML AA	Xxxxxx Xxxxx Parts:30 ml Bottle Pump	‐			42,298		42,298		0.280		11,843.44
ADR‐PUMP50ML AA	Xxxxxx Xxxxx Parts:50 ml Bottle Pump		78,450				78,450		0.230		18,043.50

ITEM	ITEM DESCRIPTION	QTY ON HAND		IN TRANSIT	TOTAL AVAILABLE		COST		TOTAL

ADR‐PURSEBOT10ML AA	Xxxxxx Xxxxx Parts: 00 xx Xxxxx Xxxxxx		000			000		0.760		137.56
ADR‐PURSECAP10ML AA	Xxxxxx Xxxxx Parts:10ml Metal Shoulder		826			826		0.160		132.16
ADR‐SHLDR100/50ML AA	Xxxxxx Xxxxx Parts:100ml and 50ml Metal Shoulder		45,947			45,947		0.090		4,135.23
ADR‐SLEEVE30ML AA	Xxxxxx Xxxxx Parts:30ml Xxxxxx Xxxxx Sleeve		869			869	‐		‐
ADR‐SPRAYER15ML AA	Xxxxxx Xxxxx Parts:15ml Cap Prod Lips‐Protector		5,507			5,507		0.150		826.05
ADR‐SPRYER10ML AA	Xxxxxx Xxxxx Parts:10ml Cap Prod Lips‐Protector		3,856			3,856		0.830		3,200.48
ADR‐TESTERLABEL AA	Xxxxxx Xxxxx Parts:Tester Label		99,350			99,350		0.010		993.50
ADR‐TSTBOX100ML AA	Xxxxxx Xxxxx Parts:100ml Tester Box		22,099			22,099		0.610		13,480.39
ADR‐UPPER15ML AA	Xxxxxx Xxxxx Parts:15ml Upper‐Cap		6,864			6,864		0.150		1,029.60
ADR‐UT279099/00 AA	Xxxxxx Xxxxx Parts:Selena Mod 2 @ 18%		279			279		14.780		4,123.62
ADR‐VACFORM161790 AA	Xxxxxx Xxxxx Parts: 30 ml Xxxxxx Xxxxx PVC Vacform		5,984			5,984	‐		‐
ADR‐VIALBOT2ML AA	Xxxxxx Xxxxx Parts:10ml WIP Purse Fill & Assembly		240,000			240,000		0.130		31,200.00
ADR‐VIALCAP2ML AA	Xxxxxx Xxxxx PartsL 2ml Vial Cap		240,000			240,000	‐		‐
ADR‐VIALCARD AA	Xxxxxx Xxxxx 2ml Vial Card		342,000			342,000		0.040		13,680.00
ADR‐BLTUBE50ML AA	Xxxxxx Xxxxx Parts:50 ml Body Lotion Tube		16,028			16,028		0.610		9,777.08
ADR‐BOXB/L200ML AA	Xxxxxx Xxxxx 200ml Body Lotion Box		2,085			2,085		0.450		938.25
ADR‐INNERB/L200ML AA	Xxxxxx Xxxxx 200ml Body Lotion Inner Carton		2,422			2,422	‐		‐
ADR‐OILB/L AA	Selena Body Lotion Oil UAB07377/00		12			12		69.400		864.03
ADR‐OILS/G AA	Selena Shower Gel UAA01048/00		7			7		69.400		461.51
ADR‐SGTUBE50ML AA	Xxxxxx Xxxxx Parts: 50 ml Shower Gel Tube		15,755			15,755		0.610		9,610.55
SK‐33‐27 AA	XXXXXX XXXXX VIVAMORE BODY LOTION		579			579		3.143		1,819.80
SK‐33‐29 AA	XXXXXX XXXXX SHIMMER BODY LOTION		33			33		3.143		102.15
SK‐33‐54 AA	GIGANTIC PARFUMS/XXXXXX XXXXX VIVAMORE SHOWER G		1,786			1,786		4.758		8,495.41
Total Xxxxxx Xxxxx Raw Materials										392,624.69
SG Vivamore Raw Materials
S2R‐BOT100ML AA	SG Vivamore Parts:100 ml Bottle		3,053	‐		3,053		0.710		2,167.63
S2R‐BOT30ML AA	SG Vivamore Parts:30 ml Bottle		253	‐		253		0.500		126.50
S2R‐BOT50ML AA	SG Vivamore Parts:50 ml Bottle		4,266	‐		4,266		0.530		2,260.98
S2R‐BOX100ML AA	SG Vivamore Parts:100ml Box		216	‐		216		0.850		183.60
S2R‐BOX30ML AA	SG Vivamore Parts:30ml Box		23,225	‐		23,225		0.650		15,096.25
S2R‐BOX50ML AA	SG Vivamore Parts:50ml Box		2,260	‐		2,260		0.680		1,536.80
S2R‐CAPPROD100ML AA	SG Vivamore Parts:100 ml Cap Prod Lips‐Protector		6,634	‐		6,634		1.830		12,140.22
S2R‐CAPPROD30ML AA	SG Vivamore Parts:30 ml Cap Prod Lips‐Protector		392	‐		392		1.810		709.52

ITEM	ITEM DESCRIPTION	QTY ON HAND	IN TRANSIT		TOTAL AVAILABLE		COST		TOTAL

S2R‐CAPPROD50ML AA	SG Vivamore Parts:50 ml Cap Prod Lips‐Protector	‐		5,150		5,150		2.810		14,471.50
S2R‐DEEPBOX30ML AA	SG Vivamore Parts:30ml Deep Box	353	‐			353	1.200		423.60
S2R‐INNERDEEP30ML AA	SG Vivamore: 30ml Inner Deep Carton	000	‐			000	-		‐
XXX‐XXXXX000000 XX	XX VIVAMORE Parts: 100ml 4 PC Gift Set Box	5,180	‐			5,180	3.710		19,217.80
S2R‐LABEL100ML AA	Xxxxxx Xxxxx Vivamore: 100ml Bottom Label	3,655	‐			3,655	0.010		36.55
S2R‐LABEL30ML AA	SG Vivamore Parts: 30ml Labels	307	‐			307	0.010		3.07
S2R‐LABEL50ML AA	SG Vivamore Parts: 50ml Labels	1,850	‐			1,850	0.010		18.50
S2R‐LINER100ML AA	SG Vivamore Parts:100ml Liner	200	‐			200	‐		‐
S2R‐LINER30ML AA	SG Vivamore Parts:30ml Liner	23,225	‐			23,225	‐		‐
S2R‐LINER50ML AA	SG Vivamore Parts:50ml Liner	4,850	‐			4,850	‐		‐
S2R‐PURSEBOT10ML AA	SG Vivamore Parts:10 ml Purse Bottle	201	‐			201	0.760		152.76
S2R‐SLEEVE30ML AA	SG Vivamore Parts:30ml Xxxxxx Xxxxx Sleeve	586	‐			586	‐		‐
S2R‐TSTBOX100ML AA	Viva More Parts:100ml Tester Box	1,015	‐			1,015	0.690		700.35
S2R‐UAB13973/00 AA	SG Vivamore Parts:So Selena Mod 3 @ 18%	173	‐			173	14.780		2,556.94
S2R‐BLTUBE50ML AA	SG Vivamore Parts:50 ml Body Lotion Tube	239	‐			239	0.610		145.79
S2R‐OILB/L AA	SG Vivamore Parts:Selena B/L Oil UAB17143/00	6	‐			6	69.400		444.16
S2R‐OILS/G AA	SG Vivamore Parts:Selena Oil S/G UAC04665/00	7	‐			7	69.400		461.51
	Total SG Vivamore Raw Materials								72,854.03

Xxxxxx Xxxxx work in Progress


16.09.92 AA	Xxxxxx Xxxxx 1.7oz Shower Gel WIP	526		-	526		1.230		646.98
16.12.92 AA	Xxxxxx Xxxxx 0.34 oz/10ml Purse Spray WIP	10,092	-		10,092	2.290		23,110.68
16.18.92 AA	Xxxxxx Xxxxx 1.0 oz EDP WIP	1,759	-		1,759	3.640		6,402.76
Total Xxxxxx Xxxxx Work in Progress								30,160.42

Xxxxxx Xxxxx Vivamore work in Progress


20.06.92 AA	SG Vivamore 1.7oz Body Lotion WIP	5,200		-	5,200		1.130		5,876.00
20.09.92 AA	SG Vivamore 1.7oz Shower Gel WIP	5,155	-		5,155	1.220		6,289.10
20.12.92 AA	SG Vivamore 0.34 oz/10ml Purse Spray WIP	4,944	-		4,944	2.290		11,321.76
Total SG Vivamore Work in Progress								23,486.86

Xxxxxx Xxxxx Finished Goods


13.30.84 AA	SG Vivamore Shopping Bags	15,000		-	15,000		0.970		14,550.00
13.34.95	SG Puprple striped backpack	-	20,000		20,000	4.270		85,400.00

ITEM	ITEM DESCRIPTION	QTY ON HAND		IN TRANSIT	TOTAL AVAILABLE		COST		TOTAL

19.01.82 AA	SG VIVAMORE .88ML EDP VOC		249,740	-		249,740		0.330		82,414.20
13.18.95 AA	SG Train Case		40	-		40		1.890		75.60
ADR‐PURPLEBAG AA	SG Purple Container		32,299	-		32,299		0.780		25,193.22
13.24.95 AA	SG GWP Reversible Tote Bag		1	-		1		2.900		2.90
13.01.84 AA	SG Blotter Cards		108,700	-		108,700		0.020		2,174.00
Total Xxxxxx Xxxxx Finished Goods										209,809.92

Total Inventory										728,935.92

Description	Quantity
SG 1.0oz/30ml EDP Spray		25,000
SG 1.7oz/50ml EDP Spray		25,000
SG 4pc gift set (100ml, BL, SG, 10ml Spray)		10,000
Vivamore 4pc gift set (100ml, BL, SG, 10ml Spray)		5,000

Document Metadata

Table of Contents

SETTLEMENT AGREEMENT AND MUTUAL RELEASE

Document Metadata