SETTLEMENT AGREEMENT
Exhibit 10.40
THIS SETTLEMENT AGREEMENT (“Settlement Agreement”) is made effective the 28th day of December, 2018 by and between Xx. Xxxxxx Xxxxx and Bravo Multinational, Inc. (BRVO).
Whereas BRVO paid Xx. Xxxxx, $19,500US, an amount agreed to settle outstanding amounts owed to Xx. Xxxxx’x from his past employment with BRVO.
Whereas, Xx. Xxxxx agreed to accept from BRVO, $19,500US (Nineteen Thousand Five Hundred US Dollars) in consideration for settlement on a judgment obtained in the “Small Claims Court” Superior Court of Justice, Xx. Xxxxxxxxxx, Xxxxxxx, Xxxxxx on August 3, 2018, Case # SC-18-00003754-0000.
Whereas All parties, now desire to enter into this agreement to conclude and resolve the issues referred to herein and to resolve all disputes that the parties may have relating to any matters before the execution of this agreement, case# SC-18-00003754-0000.
Whereas all parties understand and agree that this “Settlement Agreement” is made with full, final and complete satisfaction in compromise of the disputed matter over amounts owed during Xx. Xxxxx employment with BRVO, and, Xx. Xxxxx agrees to "voluntary dismissal with prejudice,” and agrees to take NO further action against BRVO.
In Witness of which, the parties hereto have executed this agreement, effective as the date first written,
Bravo Multinational, Inc.
/s/ Xxxx Xxxxxx
Xxxx Xxxxxx-Authorized Officer
/s/ Xxxxxx Xxxxx
Xxxxxx Xxxxx, Individually
