0000950144-04-006968 Sample Contracts

MUTUAL SETTLEMENT AGREEMENT
Mutual Settlement Agreement • July 14th, 2004 • Absolute Waste Services Inc • Paints, varnishes, lacquers, enamels & allied prods • Texas

This MUTUAL SETTLEMENT AGREEMENT dated June 3rd, 2004 (the “Agreement”) is made and entered into by and among Absolute Waste Services, Inc. (formally known as Thermacell Technologies, Inc.), a Florida corporation (“AWS”), Absolute Waste Acquisitions, Inc., a Texas corporation and wholly owned subsidiary of AWS (“Absolute Sub”), and the former holders of membership interests (“Holders”) of Absolute Industries, LLC, a Texas limited liability company (“Absolute”). AWS, the Holders, Absolute, PAC Funding, LLC (“PAC”), Tom Duszynski and Donald Huggins are collectively referred to herein as the “Parties” and each individually as a “Party”.

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