Settlement Agreement, Waiver and Amendment Sample Contracts

SETTLEMENT AGREEMENT, WAIVER AND AMENDMENT

Settlement Agreement, Waiver and Amendment • May 26th, 2009 • American Defense Systems Inc • Miscellaneous transportation equipment • Delaware

• Contract Type
  Settlement Agreement, Waiver and Amendment
• Filed
  May 26th, 2009
• Company
  American Defense Systems Inc
• Industry
  Miscellaneous transportation equipment
• Jurisdiction
  Delaware

This SETTLEMENT AGREEMENT, WAIVER AND AMENDMENT (this “Agreement”), dated as of May 22, 2009 (the “Effective Date”), is entered into by and among American Defense Systems, Inc., a Delaware corporation (the “Company”), and the stockholders of the Company parties hereto (individually, a “Holder” and collectively, the “Holders”). Unless otherwise specified herein, capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Certificate of Designations (as defined below).