SETTLEMENT AGREEMENT AND GENERAL RELEASESettlement Agreement and General Release • November 14th, 2006 • Material Technologies Inc /Ca/ • Industrial instruments for measurement, display, and control • California
Contract Type FiledNovember 14th, 2006 Company Industry JurisdictionThis Settlement Agreement and General Release (“Agreement”) is entered into effective this 23rd day of August, 2006 by and between Material Technologies, Inc., a Delaware corporation (“MaTech”), and Ben Franklin Technology Partners of Southeastern Pennsylvania, formerly known as Advanced Technology Center, a Pennsylvania non-profit corporation (“BFTP”). MaTech and BFTP shall each be referred to as a “Party” and collectively as the “Parties.”