0000950144-04-010726 Sample Contracts

TERMINATION AND RELEASE AGREEMENT
Termination and Release Agreement • November 9th, 2004 • Applica Inc • Electric housewares & fans • Hong Kong

THIS TERMINATION AND RELEASE AGREEMENT (this “Agreement”) is made and entered into as of this 1st day of November, 2004 (the “Effective Date”), by and between Applica Incorporated, a company organized and existing under the laws of the State of Florida (formerly known as Windmere-Durable Holdings, Inc.), Durable Manufacturing Limited, a company organized and existing under the laws of Hong Kong, and all of their subsidiaries and affiliates (collectively “Applica”), and Mr. Lai Kin, an individual residing in Hong Kong (“Lai”). Applica and Lai are hereinafter collectively referred to as the “Parties” and each individually as a “Party”.

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TERMINATION AND RELEASE AGREEMENT
Termination and Release Agreement • November 9th, 2004 • Applica Inc • Electric housewares & fans • Florida

THIS TERMINATION AND RELEASE AGREEMENT (this “Agreement”) is made and entered into as of this 1st day of November, 2004 (the “Effective Date”), by and between Applica Incorporated, a company organized and existing under the laws of the State of Florida, (formerly known as Save-Way Industries, Inc.) (“Applica”) and Mr. Belvin Friedson, a resident of the State of Florida (“Friedson”). Applica and Friedson are hereinafter collectively referred to as the “Parties” and each individually as a “Party”.

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