SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • November 7th, 2013 • American Restaurant Concepts Inc • Patent owners & lessors • Florida
This Settlement Agreement and Release (this “Settlement Agreement”), dated November 1, 2013, is entered into by and among American Restaurant Concepts, Inc., a Florida corporation (the “Company”), Brusta Investments, LLC, a Louisiana limited liability company (“Brusta Investments”), and D. Dale Thevenet, an individual (“Mr. Thevenet”; together with Brusta Investments, the “Holders”).
