SETTLEMENT AND RESCISSION AGREEMENT AND MUTUAL RELEASESettlement and Rescission Agreement and Mutual Release • January 3rd, 2007 • Paincare Holdings Inc • Services-misc health & allied services, nec • Colorado
Contract Type FiledJanuary 3rd, 2007 Company Industry JurisdictionThis Settlement and Rescission Agreement and Mutual Release (“Settlement Agreement”) is entered into as of December 11, 2006, by and between PainCare Holdings, Inc. (“PainCare”) and PainCare Neuromonitoring I, Inc. (“PainCare Sub” and together with PainCare, the “PainCare Parties”) on one hand, and Bruce Lockwood, M.D. (“Lockwood”), John D. Bender, D.O. (“Bender”), and Richard A. Flores (“Flores”). Collectively, Lockwood, Bender and Flores will be referred to as the “PhysIOM Parties” and the PainCare Parties and the PhysIOM Parties will be referred to as the “Parties”).