ContractTermination Agreement and Mutual Release • December 30th, 2010 • Phytomedical Technologies Inc • Services-specialty outpatient facilities, nec • New York
This Termination Agreement and Mutual Release (this “Agreement”), dated as of December 24, 2010 is entered into by and by and among STANDARD GOLD CORP., a Nevada corporation (“Standard Gold”), PHYTOMEDICAL TECHNOLOGIES, INC., a Nevada corporation (the “Company”), the persons listed on Exhibit A annexed hereto, representing the holders of all of the issued and outstanding securities of Standard Gold (the “Standard Gold Stockholders”) and Sierchio & Company, LLP as the escrow agent (the “Escrow Agent”). The Company, Standard Gold and the Standard Gold Stockholders are sometimes herein collectively referred to as the “Parties” and individually as a “Party”).
