SETTLEMENT AND RELEASE AGREEMENTSettlement Agreement • March 27th, 2007 • Satellite Newspapers Corp • Commercial printing
Contract Type FiledMarch 27th, 2007 Company IndustryThis Settlement and Release Agreement (the “Agreement”) is entered into on the 19th day of March, 2007, by and between Fred DeVries and Renato Mariani, of Boca Raton, Florida, (hereinafter “DeVries and Mariani”), and Satellite Newspapers Corp., a Nevada corporation (formerly Satellite Enterprises Corp.), of Westport, Connecticut (hereinafter “Satellite”).