TERMINATION AGREEMENT AND MUTUAL GENERAL RELEASETermination Agreement and Mutual General Release • March 16th, 2011 • Mphase Technologies Inc • Miscellaneous electrical machinery, equipment & supplies • California
This Termination Agreement and Mutual General Release (hereinafter, the “Agreement”) is made and entered into as of March 8, 2011 by and between La Jolla Cove Investors, Inc., and Golden State Equity Investors, Inc., a California corporation (formerly known as “Golden State Investors, Inc.”) (collectively “GSEI”), and mPhase Technologies, Inc., a New Jersey corporation (“mPhase”). GSEI and MPhase will sometimes be referred to individually as a “Party” and collectively as the “Parties” throughout this Agreement.
