TRANSITION AGREEMENT AND MUTUAL GENERAL RELEASETransition Agreement and Mutual General Release • August 31st, 2010 • Marani Brands, Inc. • Wholesale-drugs, proprietaries & druggists' sundries • California
Contract Type FiledAugust 31st, 2010 Company Industry JurisdictionThis Transition Agreement and Mutual General Release (“Agreement”) is entered into by and among. Marani Brands, Inc. (the “Company”), Ara Zartarian (“Ara” and Ani Kevorkian (“Ani”) (collectively, the “Company Parties”), on the one hand, and Margit Eyraud (“Margrit”), on the other hand The Company Parties and Margrit (collectively, the “Pat-ties”) agree as follows: