SETTLEMENT AGREEMENTSettlement Agreement • December 22nd, 2006 • Nutrition 21 Inc • Biological products, (no disgnostic substances)
Contract Type FiledDecember 22nd, 2006 Company IndustryThis Settlement Agreement (the “Agreement”), which is effective as of the date it is fully executed (the “Effective Date”), is made and entered into by and between, on the one hand, General Nutrition Corporation, a Pennsylvania corporation with its principal place of business in Pittsburgh, Pennsylvania (hereinafter referred to as “GNC” as further defined herein), and, on the other hand, Nutrition 21, LLC, a New York limited liability company having its principal place of business in Purchase, New York (hereinafter referred to individually as “Nutrition 21, LLC”), and Nutrition 21, Inc., a New York corporation having its principal place of business in Purchase, New York (hereinafter referred to individually as “Nutrition 21, Inc.”). GNC, Nutrition 21, LLC and Nutrition 21, Inc. are referred to hereinafter collectively as the “Parties.”