SETTLEMENT AGREEMENT AND GENERAL RELEASESettlement Agreement • December 1st, 2009 • New Leaf Brands, Inc. • Medicinal chemicals & botanical products • Arizona
Contract Type FiledDecember 1st, 2009 Company Industry JurisdictionThis 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").