SETTLEMENT AGREEMENTSettlement Agreement • December 1st, 2009 • Yayi International Inc • Dairy products • New York
Contract Type FiledDecember 1st, 2009 Company Industry JurisdictionThis Settlement Agreement is made on and entered into as of November 24, 2009, between Yayi International Inc. (formerly known as Ardmore Holding Corporation), a Delaware corporation (the “Company”) and each of the several holders of Notes and Warrants (as defined below) named in Schedule I hereto (each such holder, a “Holder” and, collectively, the “Holders”).