Common Contracts

MUTUAL RELEASE AND SETTLEMENT AGREEMENT

Settlement Agreement • February 17th, 2012 • Maritime

• Contract Type
  Settlement Agreement
• Filed
  February 17th, 2012
• Jurisdiction
  Maritime

This Mutual Release and Settlement Agreement (hereinafter “Settlement Agreement”) is entered into, among and between The Interlake Steamship Company and its vessel the M/V DOROTHY ANN (hereinafter, “Interlake”), on the one hand, and VanEnkevort Tug & Barge, Inc., Great Lakes Marine Leasing, LLC., and the M/V JOYCE L. VANENKEVORT, on the other (collectively hereinafter, “VanEnkevort”). This Settlement Agreement shall be dated on the date the last party executes this Settlement Agreement.