SETTLEMENT AGREEMENT AND MUTUAL RELEASE WHEREAS, Bristol Investment Fund, Ltd. ("Plaintiff") entered into a Securities Purchase Agreement with SmarTire Systems, Inc. ("SMTR") on or about December 24, 2003; and WHEREAS, pursuant to the Securities...Settlement Agreement • January 11th, 2006 • Smartire Systems Inc • Industrial instruments for measurement, display, and control • New York
AGORA")Investor Relations Agreement • January 11th, 2006 • Smartire Systems Inc • Industrial instruments for measurement, display, and control • Ontario
