0001144204-09-060949 Sample Contracts

CONFIDENTIAL SETTLEMENT AGREEMENT

Settlement Agreement • November 19th, 2009 • Titan Energy Worldwide, Inc. • Power, distribution & specialty transformers • Minnesota

• Contract Type
  Settlement Agreement
• Filed
  November 19th, 2009
• Company
  Titan Energy Worldwide, Inc.
• Industry
  Power, distribution & specialty transformers
• Jurisdiction
  Minnesota

This Agreement is made effective as November 1, 2009, by and between Deborah Yungner (“Yungner”), ERBUS, Inc., (“ERBUS”) and Titan Energy Development, Inc., Titan Energy Worldwide, Inc., (collectively, “Titan”), Thomas Black and Donald Snede. Yungner, ERBUS, Titan, Thomas Black and Donald Snede are collectively referred to as the “Parties” and singularly referred to as “Party.” Titan, Thomas Black and Donald Snede are collectively referred to as the “Defendants.”