SETTLEMENT AND RELEASE AGREEMENT July 9, 2004Settlement Agreement • August 3rd, 2004 • Vital Living Inc • Pharmaceutical preparations • Utah
This Settlement and Release Agreement ("Agreement") is made, executed, delivered and made effective as of 6:00 a.m. on the date first set forth above (the "Effective Date") between and among Nature's Systems, Inc., a Nevada corporation ("NSI"); Vital Living, Inc., a Nevada corporation ("VL"); Christopher's Original Formulas, Inc. a Nevada corporation ("COF"); Robert C. Scott, an individual resident of the State of Utah ("Scott"); James R. Jeppson, an individual resident of the State of Utah ("Jeppson"); Christopher Enterprises, Inc., a Utah corporation ("CE"); Norman Bacala, an individual resident of the State of Utah; Ruth Christopher, an individual resident of the State of Utah; and Stuart Benson, an individual resident of the State of Arizona ("Benson").
