SETTLEMENT AGREEMENTSettlement Agreement • July 19th, 2004 • Mercury Air Group Inc • Wholesale-petroleum & petroleum products (no bulk stations) • California
SETTLEMENT AGREEMENT, dated this 16th day of July 2004 (the “Agreement”), by and among (i) David H. Murdock, as trustee of the David H. Murdock Living Trust dated May 28, 1986, as amended, d/b/a Pacific Holding Company and using nominee PCS 0001 (the “Investor”) and (ii) Mercury Air Group, Inc., a corporation organized under the laws of Delaware (the “Company”).
