SETTLEMENT AND LICENSE AGREEMENTSettlement and License Agreement • June 24th, 2010 • LML Payment Systems Inc • Services-business services, nec • Texas
This Settlement and License Agreement (the “Agreement”) is entered into by LML Patent Corp (“LML”) on the one hand and The PNC Financial Services Group, Inc. and PNC Bank, N.A including PNC Bank, N.A. as successor in interest to National City Bank (collectively referred to as “PNC”) on the other hand. LML and PNC are individually referred to as “Party” and collectively as the “Parties.” This Agreement is effective as of the 27 day of May, 2010 (“Effective Date”).
