SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASESettlement Agreement • September 10th, 2015 • CVD Equipment Corp • Special industry machinery, nec • Delaware
This Settlement Agreement and Mutual General Release (the “Settlement Agreement”) is entered into this 4th day of September, 2015, by and between Development Specialists, Inc., an Illinois corporation, solely in its capacity as Assignee for the benefit of creditors of CM Manufacturing, Inc., f/k/a Stion Corporation, a Delaware corporation (“DSI”), and CVD Equipment Corporation, a New York corporation (“CVD”; CVD and DSI are referred to collectively herein as the “Parties” and each as a “Party”).
