SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement • January 4th, 2007 • Butler International Inc /Md/ • Services-help supply services • California
This Settlement Agreement and Mutual Release (“Release”) is entered into by and between Levine Leichtman Capital Partners III, L.P. (“Levine Leichtman”), a California limited partnership, on the one hand, and Frederick H. Kopko (“F. Kopko”), and the following parties who are collectively referred to as the “Defendants,” on the other: Butler International, Inc., a Maryland corporation (“Butler”); Butler Service Group, Inc., a New Jersey corporation; Butler Services International, Inc., a Delaware corporation; Butler Telecom, Inc., a Delaware corporation; Butler Services, Inc., a Delaware corporation; Butler Utility Service, Inc., a Delaware corporation; Butler Publishing, Inc., a Delaware corporation (collectively, the “Companies”); AAC Corp., a Delaware corporation (“AAC”); Sylvan Insurance Co., Ltd., a company organized under the laws of Bermuda (“Sylvan”); Data Performance, Inc., a New Jersey corporation (“DPI”); and Edward M. Kopko (“E. Kopko”) (Levine Leichtman, F. Kopko and the de
