SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • October 20th, 2010 • Trans-Pacific Aerospace Company, Inc. • Crude petroleum & natural gas • California
This Settlement Agreement and Release (this “Agreement”) is entered into effective the 19th day of October 2010 memorializing the terms of the settlement reached by and between the parties. The parties to this Agreement are Cardiff Partners, LLC (“Cardiff”), Monarch Bay Associates, LLC (“MBA”), David Walters (“Walters”), Keith Moore (”Moore”) and Matt Szot (“Szot”, and together with Cardiff, MBA, Walters and Moore, collectively, the “Cardiff Parties”) and Trans-Pacific Aerospace Company, Inc. (the “Company”).
