RELEASE AND SETTLEMENT AGREEMENT AMONG ELEPHANT TALK DE MEXICO, S.A.P.I. DE C.V., ELEPHANT TALK EUROPE HOLDING BV, ELEPHANT TALK COMMUNICATIONS CORP. AND IUSACELL, S.A., DE C.V.Proprietary and Confidential • June 16th, 2015 • Elephant Talk Communications Corp • Telephone communications (no radiotelephone) • New York
This Release and Settlement Agreement (this “Agreement”), effective as of June 12, 2015 (the “Effective Date”), is among Elephant Talk de Mexico, S.A.P.I. de C.V., a company constituted under the laws of Mexico (“ET Mexico”) and Elephant Talk Europe Holding BV, a company constituted under the laws of The Netherlands (“ET Europe”), Elephant Talk Communications Corp., a company constituted under the laws of Delaware, U.S.A. (“ETC Corp.,” and all three together the “ET Parties”), and Iusacell, S.A., de C.V., a company constituted under the laws of Mexico (“Iusacell”). Each of the signatories to this Agreement may be referred to in the singular as “Party” or in the plural as “Parties.”
