0001019687-15-000940 Sample Contracts

This document is confidential and pursuant to settlement negotiations of disputed claims and is governed by NRS 42.105 and FRE 408 SETTLEMENT AND RELEASE AGREEMENT
Settlement Agreement • March 13th, 2015 • Spirit Bear LTD • Services-educational services • New York

This Settlement and Release Agreement (this “Agreement”) shall be effective as of January 28, 2015 (the “Effective Date”) by and between SPIRIT BEAR LIMITED (“Spirit Bear”) and its Assignees, as such term is defined hereinafter in the final recital, and HPEV, INC. (“HPEV”); each of Spirit Bear and HPEV, individually a “Party” or collectively, the “Parties”.

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