SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • March 25th, 2004 • Noveon Inc • Adhesives & sealants • New York
THIS SETTLEMENT AGREEMENT AND RELEASE (this "Agreement") dated this 28th day of June, 2002 is entered into by and between Goodrich Corporation ("Goodrich"), a New York corporation; and Noveon, Inc. (f/k/a PMD Group, Inc.) ("Noveon"), a Delaware corporation. All capitalized terms used herein and not otherwise defined herein shall have the same definitions as in the Agreement for Sale and Purchase of Assets between Goodrich and Noveon dated November 28, 2000 (the "Asset Purchase Agreement"). Goodrich and Noveon are referred to herein collectively as the "Parties" and individually as a "Party".
