RELEASE AND SETTLEMENT AGREEMENT Dated: April __, 2009Release and Settlement Agreement • May 15th, 2009 • Genmed Holding Corp • Commercial printing • California
The foregoing RELEASE AND SETTLEMENT AGREEMENT (the “AGREEMENT”), dated April __, 2009, is hereby entered into by and between GenMed Holding Corp., a Nevada corporation (the “COMPANY”), Joost de Metz (“DE METZ”), Willem Blijleven (“BLIJLEVEN”), E.R. Bouwens Beheermaatschappij B.V. (“BOUWENS”) and Medical Network Holding BV (“MNH,” and collectively with DE METZ, BLIJLEVENS and BOUWENS, the “DUTCH SHAREHOLDERS”), Total Look, BV (“TOTAL LOOK”), London Finance Group, Ltd., a California corporation (“LFG”), Dojo Enterprises, LLC, a Nevada limited liability company (“DOJO”), Hyperion Fund, L.P., a Colorado limited partnership (“HYPERION”), The Palisades Capital, LLC 401(k) Profit Sharing Trust (“PALISADES”), The Morpheus 2005 Trust dated December 1, 2005 (“MORPHEUS”), Burton Partners, LLC (“BURTON”), Picasso, LLC (“PICASSO”) and Glacier, LLC (“GLACIER,” and, together with DOJO, HYPERION, PALISADES, MORPHEUS, BURTON and PICASSO, the “CALIFORNIA SHAREHOLDERS”).
