SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • March 31st, 2009 • Torvec Inc • Motor vehicle parts & accessories • New York
THIS SETTLEMENT AGREEMENT AND RELEASE is entered into as of the 31st day of December, 2008 (hereinafter referred to as the “Effective Date”), by and between TORVEC, INC., JAMES Y. GLEASMAN a/k/a JAMES A. GLEASMAN (hereinafter “James Y. Gleasman”), KEITH E. GLEASMAN, RICHARD B. SULLIVAN, GARY A. SICONOLFI and FLOYD G. CADY JR. (hereinafter collectively referred to as the “Torvec Parties”), on the one hand, and CXO ON THE GO, LLC, CXO ON THE GO OF DELAWARE, LLC, PHILIP A. FAIN, READ D. MCNAMARA, RICHARD E. OTTALAGANA, and ROBERT F. GREEN (hereinafter collectively referred to as the “CXO Parties”) (the Torvec Parties and the CXO Parties are herein collectively referred to as the “Parties”).
CONSULTING AGREEMENT WITH CAPITAL CAMPAIGNS, INC.Consulting Agreement • March 31st, 2009 • Torvec Inc • Motor vehicle parts & accessories • New York
This Consulting Agreement is made and entered into as of the 6th day of February, 2009, by and between Capital Campaigns, Inc. (the “Consultant”), with a business address located at Suite 109, 6990 Falls Reach Drive, Falls Church, Virginia 22043 and Torvec, Inc., (the “Company”), with a business address located at 1999 Mount Read Blvd., Building 3, Rochester, New York 14615.
