SETTLEMENT AGREEMENT, RELEASE AND COVENANT NOT TO SUESettlement Agreement • May 23rd, 2005 • Fargo Electronics Inc • Services-computer programming services • California
This Settlement Agreement, Release and Covenant Not to Sue (“Agreement”) is entered into as of May 17, 2005 (“the Effective Date”) by and between Fargo Electronics, Inc. (“Fargo”), a Minnesota corporation; Toppan Printing Co., Ltd. (“Toppan”), a Japanese corporation; Viisage Technology, Inc., a Delaware corporation; and Trans Digital Technologies Corporation, a Delaware corporation (Viisage Technology, Inc. and Trans Digital Technologies Corporation are collectively referred to herein as “Viisage”). Fargo, Toppan, and Viisage are each a “Party” and are collectively referred to as the “Parties.”
