SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement and Mutual Release • June 5th, 2008 • Kma Global Solutions International Inc • Services-miscellaneous business services • Ontario
Contract Type FiledJune 5th, 2008 Company Industry JurisdictionTHIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE ("Agreement") is made and entered into as of this 21st day of March 2008, by and among Incendia Management Group Inc. (the "Agent"), a Canadian corporation, with offices located at 111 Grangeway Avenue, Suite 404, Toronto, Ontario, M1H 3E9, as authorized agent for certain buyers as listed on the signature page (collectively referred to as the "PURCHASERS"), on the one hand, and KMA Global Solutions International, Inc. ("KMA"), a Nevada corporation, with offices located at 5570A Kennedy Rd, Mississauga, Ontario, L4Z 2A9, on the other hand. (Each individually referred to as a "Party" and collectively referred to as the "Parties").