SETTLEMENT AGREEMENTSettlement Agreement • February 27th, 2007 • Zi Corp • Telephone communications (no radiotelephone) • Florida
This Settlement Agreement (the “Agreement”) is entered into on this 22 day of February, 2007, by and among Zi Corporation, a corporation organized under the laws of Alberta, Canada (the “Corporation”), Marty Steinberg, solely in his capacity as Court appointed Receiver (the “Receiver”) of Lancer Management Group LLC (“LMG”), Lancer Management Group II LLC (“LMGII”), Lancer Offshore Inc. (“Offshore”), Omnifund Ltd. (“Omnifund”), LSPV Inc. (“LSPV”), LSPV LLC (“LSPV LLC”), CLR Associates, LLC (“CLR”), G.H. Associates LLC (“GH”), and Alpha Omega Group Inc. (“AOG”) (collectively the “Receivership Entities”) and responsible person for Lancer Partners, L.P. (“Partners”, together with the Receivership Entities shall be referred to as the “Lancer Entities”),1 Quarry Bay Investments Inc., an Alberta corporation and Michael Lobsinger, an individual (jointly referred to as “Lobsinger”, and together with all other parties named in this paragraph, and each of their respective predecessors, successor
