SETTLEMENT AND RELEASE AGREEMENT AND AMENDMENT TO EMPLOYMENT AGREEMENTSettlement and Release Agreement and Amendment to Employment Agreement • February 15th, 2013 • Perma Fix Environmental Services Inc • Hazardous waste management • Delaware
This SETTLEMENT AND RELEASE AGREEMENT AND AMENDMENT TO EMPLOYMENT AGREEMENT (this “Agreement”), is entered into as of February 14, 2013, by and between PERMA-FIX ENVIRONMENTAL SERVICES, INC., a Delaware corporation (“PESI”), SAFETY & ECOLOGY HOLDINGS CORPORATION, a Nevada corporation (“SEHC”), and SAFETY AND ECOLOGY CORPORATION, a Nevada corporation (“SEC”)(each of PESI, SEHC and SEC, a “PESI Party” and, collectively, the “PESI Parties”), on the one hand, and CHRISTOPHER P. LEICHTWEIS, an individual (“Chris Leichtweis”), and MYRA LEICHTWEIS, an individual (“Myra Leichtweis”) (each of Chris Leichtweis and Myra Leichtweis, a “Leichtweis Party” and, together, the “Leichtweis Parties”) on the other hand. Each of the PESI Parties and the Leichtweis Parties is hereinafter referred to as a “Party” and collectively as the “Parties.”
SETTLEMENT AND RELEASE AGREEMENTSettlement and Release Agreement • February 15th, 2013 • Perma Fix Environmental Services Inc • Hazardous waste management • Delaware
This SETTLEMENT AND RELEASE AGREEMENT (this “Agreement”), is entered into as of February 12, 2013, by and between PERMA-FIX ENVIRONMENTAL SERVICES, INC., a Delaware corporation (“PESI”), and SAFETY & ECOLOGY HOLDINGS CORPORATION, a Nevada corporation (“SEC” and, together with PESI, the “PESI Parties”), on the one hand, and TIMIOS NATIONAL CORPORATION, a Delaware corporation (formerly known as Homeland Security Capital Corporation, “TNC”), on the other hand. The PESI Parties and TNC are hereinafter collectively referred to as the “Parties.”
