0001354488-09-002244 Sample Contracts

SETTLEMENT AGREEMENT AND GENERAL RELEASE

Settlement Agreement and General Release • December 1st, 2009 • New Leaf Brands, Inc. • Medicinal chemicals & botanical products • Arizona

• Contract Type
  Settlement Agreement and General Release
• Filed
  December 1st, 2009
• Company
  New Leaf Brands, Inc.
• Industry
  Medicinal chemicals & botanical products
• Jurisdiction
  Arizona

This SETTLEMENT AGREEMENT AND GENERAL RELEASE (the “Settlement Agreement”) is entered into as of November 30, 2009, by and between New Leaf Brands, Inc., a Nevada corporation, f/k/a Baywood International, Inc. (the “Company”) and O. Lee Tawes, III, an individual ("Mr. Tawes").