SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASESettlement Agreement • November 22nd, 2000 • Michael Foods Inc /Mn • Agricultural prod-livestock & animal specialties • California
THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE (the "Agreement") is entered into by and between NULAID FOODS, INC., VALLEY FRESH FOODS, INC., and NULAID NEST-BEST, on the one hand, and NORTH CAROLINA STATE UNIVERSITY ("NCSU") and MICHAEL FOODS, INC. ("Michael Foods"), on the other hand. The "Effective Date" of this Agreement shall be the date by which the last party executes the agreement and the Pre-Settlement Royalties are paid.
