SETTLEMENT TERM SHEETSettlement Agreement • April 29th, 2013 • Southern Products, Inc. • Household audio & video equipment
Contract Type FiledApril 29th, 2013 Company IndustryTHIS SETTLEMENT TERM SHEET (the "Agreement") is intended to state the essential terms of a settlement of claims and disputes reached among Anhui Technology Import and export Co. Ltd. ("AhTech") and Southern Products, Inc. and SigmacUSA, Inc. (Collectively "SNPD"). SNPD and AhTech may be referred to collectively herein as the "Parties" and individually as a "Party".