SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASESettlement Agreement • November 14th, 2013 • Skyline Medical Inc. • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota
Contract Type FiledNovember 14th, 2013 Company Industry JurisdictionThis Settlement Agreement and Release (“Agreement”) is entered into by and between Skyline Medical Inc., a Minnesota Corporation (formerly known as BioDrain Medical, Inc., a Minnesota Corporation) (“BioDrain”), and all persons and entities claiming by or through BioDrain, on the one hand, and Kevin Davidson (“Davidson”), and all persons and entities claiming by or through Davidson, on the other hand. BioDrain and Davidson collectively are referred herein as “Settling Parties” or, singularly, as “Settling Party,” as appropriate from the context.