SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • November 13th, 2014 • Skyline Medical Inc. • Orthopedic, prosthetic & surgical appliances & supplies • Minnesota
This 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) (“Skyline”), and all persons and entities claiming by or through Skyline, and Samuel Herschkowitz (“Herschkowitz”), on the one hand, and Marshall Ryan, and all persons and entities claiming by or through Ryan (“Ryan”), and Mid-State Stainless, and all persons and entities claiming by or through Mid-State Stainless (“Mid-State”), on the other hand. Skyline, Herschkowitz, Ryan and Mid-State collectively are referred to herein as “Settling Parties” or, singularly, as “Settling Party,” as appropriate from the context.
