SETTLEMENT AND RELEASE AGREEMENT THE PARTIESSettlement and Release Agreement • December 27th, 2011 • Echo Therapeutics, Inc. • Electromedical & electrotherapeutic apparatus • Massachusetts
Contract Type FiledDecember 27th, 2011 Company Industry JurisdictionThis Settlement and Release Agreement (“Agreement”) is being entered into by Harry G. Mitchell (“Mr. Mitchell”) and Echo Therapeutics, Inc. (“Echo” or the “Company”) and its President and Chief Executive Officer, Patrick T. Mooney (“Dr. Mooney”) (together, the “Echo Parties”) (the Echo Parties and Mr. Mitchell are collectively referred to herein as the “Parties”).