SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement and Mutual Release • August 17th, 2007 • Neomedia Technologies Inc • Services-computer integrated systems design • Florida
Contract Type FiledAugust 17th, 2007 Company Industry JurisdictionThis Settlement Agreement and Mutual Release (hereinafter the “Agreement”) is made as of the 14 day of August, 2007 between WAYSIDE SOLUTIONS, INC. (“Wayside”), a company organized under the laws of Manitoba, Canada, TESSCOURT CAPITAL LTD., a company organized under the laws of Manitoba, Canada (“Tesscourt”) and NEOMEDIA TECHONOLOGIES, INC. (“NeoMedia”), a Delaware corporation, and on the terms and conditions set forth herein. Wayside, Tesscourt and NeoMedia may each be referred to herein as a “Party” or collectively referred to as the “Parties”.