AND THAT OTHER GOOD CAUSE EXISTS FOR THE BANKRUPTCY COURT TO GRANT
SUCH OTHER PARTY RELIEF FROM THE AUTOMATIC STAY.
[SIGNATURES APPEAR ON NEXT PAGE]
Page 19 of 21
This Settlement Agreement is hereby made as of the Effective Date.
"SELLER" AND "PAINCARE":
PAINCARE HOLDINGS, INC.,
a Florida corporation
By:
/s/ Randy Lubinsky
By:
/s/ Mark Szporka
Randy Lubinsky, Chief Executive Officer
Mark Szporka, Chief Financial
Officer Dated:
February 1, 2008
Dated:
February 1, 2008 "SELLER" AND
"SUBSIDIARY":
PAINCARE, INC.,
a Nevada corporation
By:
/s/ Randy Lubinsky
By:
/s/ Mark Szporka
Randy Lubinsky, Chief Executive Officer
Mark Szporka, Chief Financial
Officer Dated:
February 1, 2008
Dated:
February 1, 2008 NEPM:
BENJAMIN
ZOLPER, M.D., INC.,
a Florida corporation, doing business
as NorthEast
Pain Management
By:
/s/ Mark Szporka
Mark Szporka, Chief Financial Officer
Dated:
February 1, 2008
"BUYER"
BENJAMIN ZOLPER, M.D.
individually
By:
/s/ Benjamin Zolper, M.D.
Benjamin Zolper, M.D., individually
Dated:
February 1, 2008
Page 20 of 21
SCHEDULE OF EXHIBITS EXHIBIT "A"
Stock Purchase Agreement EXHIBIT "B"
Stock
Certificate and Stock Power EXHIBIT "C"
Termination Agreement EXHIBIT "D"
NEPM Assets and Liabilities. EXHIBIT "E"
Closing Statement and Wire Transfer
Instructions EXHIBIT "F"
Promissory Note EXHIBIT "G"
Security Agreement
EXHIBIT "H"
Pledge Agreement EXHIBIT "I"
Buyer's General Release in favor of
PainCare EXHIBIT "J"
Seller's General Release" in favor of Buyer and NEPM
EXHIBIT "K"
NEPM Financial Statements dated December 31, 2007.
Page 21 of 21