SETTLEMENT AGREEMENTSettlement Agreement • May 16th, 2011 • Sunovia Energy Technologies Inc • Metal mining • Illinois
This Settlement Agreement (the “Agreement”) is entered into and made effective as of the date on which all Parties have executed the Settlement Agreement (the “Effective Date”), by and between EPIR Technologies, Inc., an Illinois corporation (“EPIR”), Sivananthan Laboratories, Inc, an Illinois corporation (“Labs”), Sivalingam Sivananthan, a resident of Illinois (“Dr. Sivananthan”), and Sunovia Energy Technologies, Inc., a Nevada corporation (“Sunovia”). EPIR, Labs, Dr. Sivananthan and Sunovia are sometimes referred to herein, individually, as a “Party” and, collectively, as the “Parties.”
