SETTLEMENT AGREEMENT AND RELEASE BETWEEN ARGUSS COMMUNICATIONS, INC. AND RONALD D. PIERCE AND KENNETH R. OLSENSettlement Agreement and Release • January 16th, 2002 • Arguss Communications Inc • Water, sewer, pipeline, comm & power line construction • Delaware
Contract Type FiledJanuary 16th, 2002 Company Industry JurisdictionWHEREAS, on November 30, 2001, Ronald D. Pierce (“Pierce”) and Kenneth R. Olsen (“Olsen”) instituted a consent solicitation (“Consent Solicitation”) requesting that stockholders of Arguss Communications, Inc. (“Arguss”), submit written consents to three proposals (the “Proposals”) that would, if adopted, result in, among other things, a change in the management and board of directors of Arguss;