COMPROMISE AND SETTLEMENT AGREEMENT AND GENERAL RELEASECompromise and Settlement Agreement and General Release • September 18th, 2012 • Bitzio, Inc. • Services-prepackaged software • California
Contract Type FiledSeptember 18th, 2012 Company Industry JurisdictionThis Settlement Agreement (“Agreement”) is made by and between Bitzio, Inc., a Delaware corporation (“Bitzio”) and Dvaraka Marketing, LLC, a California limited liability company (“Dvaraka”) and Amish Shah, an individual residing in California (“Shah”). Shah and Dvaraka are herein after referred to jointly as “the Shah Parties.” This Agreement is effective as of this 15th day of August, 2012 (“Settlement Effective Date”). Bitzio and the Shah Parties are sometimes referred to collectively herein as the “Parties” and/or individually as a “Party.”