SETTLEMENT AGREEMENTSettlement Agreement • April 12th, 2007 • Admiralty Holding Co • Services-business services, nec • Georgia
This Settlement Agreement ("Agreement") is made and entered into as of this 10th day of April, 2007 (the "Effective Date"), by and between Admiralty Holding Company, Inc., a Colorado Corporation ("ADMH"), by Admiralty Corporation, a Georgia Corporation (“Admiralty”), and by Admiralty Marine Operations, Ltd., a Bahamas, West Indies Corporation ("AMO"), on the one hand; and, Walter S. Cytacki, an individual resident of River Rouge, Michigan ("Cytacki"), and, G. Howard Collingwood, a resident of Irmo, South Carolina (“GHC”), on the other hand. ADMH, Admiralty, and AMO, Cytacki, and, GHC are collectively referred to as the "Parties".
