SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement • January 16th, 2007 • Golden Phoenix Minerals Inc /Mn/ • Metal mining • Nevada
Contract Type FiledJanuary 16th, 2007 Company Industry JurisdictionThis Settlement Agreement and Mutual Release (the “Agreement”) is effective the 1st day of December 2006, and is by and between Plaintiff, FRANK W. LEWIS, TRUSTEE OF THE FRANK W. LEWIS REVOCABLE LIVING TRUST DATED MARCH 15, 2004; Third-Party Defendant, THE SHARON F. LEWIS TRUST DATED JANUARY 22, 2004; and Defendant/Third-Party Claimant, GOLDEN PHOENIX MINERALS, INC. (Frank W. Lewis Trust and Golden Phoenix together may be referred to as the “Parties” or as a “Party ”).