0001137171-05-001239 Sample Contracts

SETTLEMENT AND RELEASE AGREEMENT
Settlement and Release Agreement • August 16th, 2005 • Royce Biomedical Inc • Pharmaceutical preparations • British Columbia

This agreement is made and entered into this 8th day of August, 2005 by Richard C. Short (hereafter “Short”) and Royce Biomedical, Inc., a Nevada corporation (hereafter “Royce”) represented herein by its duly authorized officer, Donald Gee, pursuant to resolution of the board of directors adopted on the 8th day of August, 2005.

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