SETTLEMENT AGREEMENTSettlement Agreement • April 22nd, 2015 • Fundamental Global Partners • Photographic equipment & supplies • Delaware
Contract Type FiledApril 22nd, 2015 Company Industry JurisdictionTHIS SETTLEMENT AGREEMENT (the "Agreement") dated as of April 21, 2015 by and among Ballantyne Strong, Inc., a Delaware corporation (the "Company") and Fundamental Global Partners, LP, a Delaware limited partnership ("Partners"), Fundamental Global Partners Master Fund, LP, a Cayman Islands limited partnership ("Master Fund"), Fundamental Global Partners GP, LLC, a North Carolina limited liability company ("GP"), FG Partners GP, LLC, a Florida limited liability company ("FG GP"), and Fundamental Global Investors, LLC, a North Carolina limited liability company ("Investors LLC" and, together with Partners, Master Fund, GP and FG GP the "Investors" and each an "Investor").