0001144204-13-051602 Sample Contracts

SETTLEMENT AGREEMENT*
Settlement Agreement • September 19th, 2013 • Lazare Kaplan International Inc • Wholesale-jewelry, watches, precious stones & metals • New York

This Settlement Agreement (this “Agreement”) is made and entered into effective as of August 31, 2013 (the “Effective Date”) by and between Lazare Kaplan International Inc., a New York corporation (“Plaintiff”), and Gemological Institute of America, Inc., a California non-profit corporation (“Defendant”). Plaintiff and Defendant are individually referred to herein as a “Party” and collectively as the “Parties.”

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License AGREEMENT*
Confidential Execution • September 19th, 2013 • Lazare Kaplan International Inc • Wholesale-jewelry, watches, precious stones & metals • New York

This License Agreement (this “Agreement”) is made and entered into effective as of August 31, 2013 (the “Effective Date”) by and between Lazare Kaplan International Inc., a New York corporation (“Licensor”), and Gemological Institute of America, Inc., a California non-profit corporation (“Licensee”). Licensor and Licensee are individually referred to herein as a “Party” and collectively as the “Parties.”

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