SETTLEMENT AGREEMENT AND GENERAL RELEASESettlement Agreement and General Release • November 9th, 2007 • Applied Digital Solutions Inc • Communications equipment, nec • Florida
Contract Type FiledNovember 9th, 2007 Company Industry JurisdictionThis Settlement Agreement and General Release (the “Agreement”) is entered into as of September 28, 2007, by and among Hark M. Vasa (“Vasa”), H&K Vasa 1999 Family Limited Partnership, and H&K Vasa 2000 Family Limited Partnership (collectively, “Plaintiffs”), on the one hand, and Applied Digital Solutions, Inc. (“ADSX”) and Pacific Decision Sciences Corporation, formerly known as PDS Acquisition Corporation (“PDSC”), on the other hand.