SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement and Mutual Release • November 14th, 2005 • Teltronics Inc • Telephone & telegraph apparatus • Florida
THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE (this "Agreement") is executed effective as of October 12, 2005, by and among Teltronics, Inc., a Delaware corporation (the "Company"), Tri-Link Technologies Inc., a corporation organized under the laws of Canada ("Tri-Link"), and Hargan-Global Ventures Inc., a corporation organized under the laws of Canada ("Hargan"). Tri-Link, Hargan and the Company are sometimes collectively referred to herein as the "Parties."
