SETTLEMENT AGREEMENTSettlement Agreement • February 15th, 2008 • Paincare Holdings Inc • Services-misc health & allied services, nec • Texas
Contract Type FiledFebruary 15th, 2008 Company Industry JurisdictionThis Settlement Agreement (“Settlement Agreement”) is entered into effective February 1, 2008 (the “Effective Date”), by and among PainCare Holdings, Inc. (“PainCare”), PainCare, Inc. (“PainCare Sub”) (PainCare and PainCare Sub are hereinafter sometimes referred to as the “Sellers”) on the one hand, and Robert Carpenter, D.C., as his sole and separate property, (hereinafter the “Purchaser”), Randall W. Rodgers, D.O. (“Dr. Rodgers”) and Carefirst Medical Associates & Pain Rehabilitation, P.C., a Texas professional corporation (the “New Practice”), on the other hand. Each of the Sellers, the Purchaser, Dr. Rodgers and New Practice may be referred to herein as a “Party” or collectively, as the “Parties.”