SETTLEMENT AGREEMENTSettlement Agreement • November 8th, 2010 • STAMPS.COM Inc • Retail-catalog & mail-order houses • California
This Settlement Agreement (“Agreement”) is made effective as of the first date on which all Parties hereto have executed the Agreement (“the Effective Date”), by and among Kara Technology Incorporated (“KT,” or “Seller”), Salim Kara (“Mr. Kara”) and Stamps.com Inc. (”Stamps.com” or “Buyer”). KT and Mr. Kara (collectively, “Kara”), on the one hand, and Stamps.com, on the other, are each referred to in this Agreement as a “Party.”
