MUTUAL SETTLEMENT AND RELEASE AGREEMENT AND COVENANT NOT TO SUEMutual Settlement and Release Agreement • February 11th, 2005 • Novo Networks Inc • Radiotelephone communications • Nevada
This Mutual Settlement and Release and Covenant Not to Sue is made by and between Novo Networks, Inc. (“NNI”) and the Novo Liquidating Trust as successor in interest to Novo Networks Operating Corp., e.Volve Technology Group Inc, and AxisTel Communications, Inc. (the “Trust”) (NNI and the Trust are collectively referred to as “Novo”) and Qwest Communications Corporation (“Qwest”). Qwest and Novo are referred to herein individually as a “Party,” or collectively as the “Parties.” The Parties Enter into this Mutual Settlement and Release Agreement and Covenant Not to Sue (“Agreement”) on this 10th day of December, 2004.
