STIPULATED SETTLEMENT AGREEMENT BY, BETWEEN AND AMONGST DEBTOR, BLUE WATER GLOBAL GROUP, INC., AND CREDITOR, CONVERTIBLE NOTEHOLDER, UNION CAPITAL, LLCStipulated Settlement Agreement • March 5th, 2021 • Blue Water Global Group, Inc. • Retail-eating places • Florida
This Stipulated Settlement Agreement (the “Agreement”), entered into this 25th day of February 2021, by and between Blue Water Global Group, Inc. (“Blue Water” or “Debtor” or “Company”), a Nevada corporation, and Debtor, in that certain Chapter 11 Bankruptcy Case No. 21-10322-EPK (the “Blue Water Bankruptcy”) pending in the Bankruptcy Court for the Southern District of Florida, West Palm Beach Division, before Bankruptcy Judge Erik P. Kimball (the “Bankruptcy Court”), and Creditor, Convertible Note Holder, Union Capital, Inc., (“Union”) as the holder of two Convertible Notes given by Blue Water to Union (the “Union Notes”), which pursuant to Blue Water in its Bankruptcy Schedules E/F, under No. 3.25 & 3.26, respectively claims it owes $51,698.63, and $50,000.00, respectively, to Union, hereby agree to settle the disputes by and between them as follows:
