SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement • October 5th, 2007 • Flanders Corp • Industrial & commercial fans & blowers & air purifing equip • North Carolina
THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE (the “Agreement”) is made and entered this 3rd day of October, 2007, effective as of September 30, 2007, by and between STEVEN K. CLARK (“Clark”); ROBERT R. AMERSON (“Amerson”); HARRY L. SMITH, JR. (“Smith”); WAL-PAT, LLC, a North Carolina limited liability company (“Wal-Pat”); MERCURY DIECUTTING, LLC, a Florida limited liability company (“Mercury”); and FLANDERS CORPORATION, a North Carolina corporation ("Flanders").
