SETTLEMENT AND MUTUAL RELEASE AGREEMENTSettlement and Mutual Release Agreement • January 11th, 2013 • Heatwurx, Inc. • Construction machinery & equip
Contract Type FiledJanuary 11th, 2013 Company IndustryThis Settlement and Mutual Release Agreement (this “Agreement”) is made and entered by and amongst LARRY GRIFFIN (“GRIFFIN”) and DAVID EASTMAN (“EASTMAN” and with GRIFFIN, collectively, “FOUNDERS”), on the one hand, and HEATWURX, INC. (“HEATWURX”), on the other hand. (FOUNDERS and HEATWURX will sometimes be referred to as the “Parties”.)