SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • February 10th, 2009 • Basin Water, Inc. • Water supply • Florida
THIS SETTLEMENT AGREEMENT AND RELEASE (“Settlement Agreement”) is entered into effective as of the last date of any party’s signature hereto and exists by and among Process Water Solutions, LLC (“Process Water”); Veolia Water North America Operating Services, LLC (“Veolia”); Clean Water Technologies, LLC (“Clean Water”); and Dr. Phosphate, Inc. (“Dr. Phosphate”); on the one hand, and Basin Water-MPT, Inc. (“BWMPT”); Basin Water, Inc. (“BWI”); Robert Gorgol (“Gorgol”); Robert Stark; and Michael Stark; on the other hand.
