SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement and Mutual Release • August 12th, 2009 • AdvanSource Biomaterials Corp • Surgical & medical instruments & apparatus • New York
This Settlement Agreement and Mutual Release (this “Agreement”) is entered into this 6th day of August, 2009 (the “Effective Date”) by and between MEDOS Medizintechnik AG, a company organized under the laws of the Federal Republic of Germany (“MEDOS”), and AdvanSource Biomaterials Corporation, a Delaware corporation formerly known as Cardiotech International, Inc. (“ASB”).
