SETTLEMENT STIPULATION AND RELEASESettlement Stipulation and Release • March 29th, 2011 • National Automation Services Inc • Industrial instruments for measurement, display, and control • Florida
Contract Type FiledMarch 29th, 2011 Company Industry JurisdictionThis Settlement Stipulation and Release (“Stipulation”) is made and entered into as of March 25, 2011 (the “Settlement Date”), by and among NATIONAL AUTOMATION SERVICES, INC., a Nevada corporation (“NAS”), INTECON, INC., an Arizona corporation (“Intecon”), INTUITIVE SYSTEMS SOLUTIONS, INC., a Nevada corporation (“ISS”), and ROBERT CHANCE, individually (“Chance”) (NAS, Intecon, ISS and Chance shall collectively be referred to herein as the “NAS Parties”), TRAFALGAR CAPITAL SPECIALIZED INVESTMENT FUND, LUXEMBOURG, a Luxembourg SICA V Fund, also known as TRAFALGAR CAPITAL SPECIALIZED INVESTMENT FUND, FIS, a foreign general partnership (“Trafalgar Luxembourg”), TRAFALGAR CAPITAL Sarl (“Trafalgar Sarl”), TRAFALGAR CAPITAL ADVISORS, a Florida corporation (“TCA”) (Trafalgar Luxembourg, Trafalgar Sarl, Trafalgar FIS and TCA shall collectively be referred to herein as the “Trafalgar Parties”), (the NAS Parties and Trafalgar Parties shall collectively be referred to herein as the “Parties”), wit