AGREEMENT OF SETTLEMENT AND RELEASEAgreement of Settlement and Release • June 25th, 2010 • General Environmental Management, Inc • Hazardous waste management • California
THIS AGREEMENT OF SETTLEMENT AND RELEASE (hereinafter, the "Agreement") dated June 24, 2010, is made and entered into by and between GENERAL ENVIRONMENTAL MANAGEMENT, INC., a Nevada corporation ("GEM"), GEM ENVIRONMENTAL MANAGEMENT, INC., a Nevada corporation ("Purchaser"), CALIFORNIA LIVING WATERS, INCORPORATED (“CLW”), SANTA CLARA WASTE WATER COMPANY ("SCWW"), UNITED STATES ENVIRONMENTAL RESPONSE, LLC, a California limited liability company (“USER”), DOUGLAS B. EDWARDS, an individual currently residing in California (“DBE”), FORNEY FAMILY UNITRUST, a California trust (“FFU”), NUESTROS SUENOS, S.A., a Guatemalan Sociedad Anonima (“NSSA”), GARY S. EDWARDS, an individual currently residing in California (“GSE”), and CHARLES MUNDY, an individual currently residing in California (“CM”), and UNITED STATES ENVIRONMENTAL RESPONSE, LLC, a California limited liability company ("Receiving Agent"). GEM, Purchaser, CLW, SCWW, USER, DBE, FFU, NSSA, GSE, CM, and Receiving Agent are sometimes collec
