SETTLEMENT AND RELEASE AGREEMENTSettlement and Release Agreement • May 5th, 2016 • Cool Technologies, Inc. • Services-educational services • New York
Contract Type FiledMay 5th, 2016 Company Industry JurisdictionThis Settlement and Release Agreement (hereinafter, the "Agreement") shall be effective as of May 1, 2015 (the "Effective Date") by and between SPIRIT BEAR LIMITED ("Spirit Bear") and its Assignees, as such term is defined hereinafter in the final recital, and HPEV, INC. ("HPEV"); each of Spirit Bear and HPEV, individually a "Party" or collectively, the "Parties".