Document:

Exhibit 10.20

                            Design Services Agreement

This Agreement for Professional Services (the "Agreement") is made and effective
this June 5, 2005, between Execute Sports (the "Client"), a corporation
organized and existing under the laws of the Nevada, with its head office
located at 1284 Puerta Del Sol, Suite 150, San Clemente, CA 92673: and Chris
Martin, an individual, with his place of residence at 34192 Doheny Park Rd
Capistrano Beach, CA 92624 ("Contractor"):

      WHEREAS, Client finds that the Contractor is willing to perform certain
      work hereinafter described in accordance with the provisions of this
      Agreement; and

WHEREAS, Client finds that the Contractor is qualified to perform the work, all
relevant factors considered, and that such performance will be in furtherance of
Client's business.

NOW, THEREFORE, in consideration of the mutual covenants set forth herein and
intending to be legally bound, the parties hereto agree as follows:

1.    SERVICES TO CLIENT

The Contractor shall provide the following ("Services") to Client:

Brand, logo and other design work for the Client's existing products as well as
those in development. Collaboration on co-branding strategies with marketing and
distribution partners and channels.

2.    PAYMENT AND INVOICING TERMS

2.1   Payment for Services

      The Client will pay Contractor 40,000 shares of its common stock with
      "piggy back" registration rights in lieu of cash.

2.2   Reimbursable Costs

      Client shall reimburse, based on written pre-authorization, the Contractor
      all costs incurred in connection with the Services rendered. Reimbursable
      costs include, but are not limited to, travel costs, subcontractors,
      materials, computer costs, telephone, copies, delivery, etc. that are
      attributable to a project or Service (the "Reimbursable Costs"). Travel
      costs are defined as air travel, lodging, meals and incidentals, ground
      transportation, tools, and all costs associated with travel. All
      extraordinary travel expenses must receive Client's approval. The
      Contractor shall provide to Client substantiation of Reimbursable Costs
      incurred.

2.3   Invoicing

      Invoices will submitted monthly by the Contractor for payment by Client.
      Payment is due upon receipt and is past due Five (5) business days from
      receipt of invoice. If Client has any valid reason for disputing any
      portion of an invoice, Client will so notify the Contractor within Three
      (3) calendar days of receipt of invoice by Client, and if no such
      notification is given, the invoice will be deemed valid. The portion of
      the Contractor's invoice which is not in dispute shall be paid in
      accordance with the procedures set forth herein.
<PAGE>

      A finance charge of Two Percent [2%] per month on the unpaid amount of an
      invoice, or the maximum amount allowed by law, will be charged on past due
      accounts. Payments by Client will thereafter be applied first to accrued
      interest and then to the principal unpaid balance. Any attorney fees,
      court costs, or other costs incurred in collection of delinquent accounts
      shall be paid by Client. If payment of invoices is not current, the
      Contractor may suspend performing further work.

2.4   Taxes

      All amounts payable pursuant to this Agreement are exclusive of taxes.
      Accordingly, there will be added to any such amount payable by Client the
      monetary sum equal to any and all current and future applicable taxes,
      however designated, incurred as a result of or otherwise in connection
      with this Agreement or the Services, including without limitation state
      and local privilege, excise, sales, services, withholding, and use taxes
      and any taxes or other amounts in lieu thereof paid or payable by Client
      (other than taxes based on the Contractor's net income). If Client does
      not pay such taxes, the Contractor may make such payments and Client will
      reimburse the Contractor for those payments. Client will hold the
      Contractor harmless for any payments made by Client pursuant to this
      Section 2.4.

3.    CHANGES

Client may, with the approval of the Contractor, issue written directions within
the general scope of any Services to be ordered. Such changes (the "Change
Order") may be for additional work or the Contractor may be directed to change
the direction of the work covered by the Task Order, but no change will be
allowed unless agreed to by the Contractor in writing.

4.    STANDARD OF CARE

      The Contractor warrants that it services shall be performed by personnel
      possessing competency consistent with applicable industry standards. No
      other representation, express or implied, and no warranty or guarantee are
      included or intended in this Agreement, or in any report, opinion,
      deliverable, work product, document or otherwise. Furthermore, no
      guarantee is made as to the efficacy or value of any services performed or
      software developed. THIS SECTION SETS FORTH THE ONLY WARRANTIES PROVIDED
      BY THE CONTRACTOR CONCERNING THE SERVICES AND RELATED WORK PRODUCT. THIS
      WARRANTY IS MADE EXPRESSLY IN LIEU OF ALL OTHER WARRANTIES, EXPRESS OR
      IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF FITNESS
      FOR A PARTICULAR PURPOSE, MERCHANTABILITY, NON-INFRINGEMENT, TITLE OR
      OTHERWISE.

5.    LIABILITY

5.1   Limitation

      The Contractor's liability, including but not limited to Client's claims
      of contributions and indemnification related to third party claims arising
      out of services rendered by the Contractor, and for any losses, injury or
      damages to persons or properties or work performed arising out of or in
      connection with this Agreement and for any other claim, shall be limited
      to the lesser of (i) [AMOUNT] or (ii) payment received by the Contractor
      from Client for the particular service provided giving rise to the claim.
      Notwithstanding anything to the contrary in this Agreement, the Contractor
      shall not be liable for any special, indirect, consequential, lost
      profits, or punitive damages. Client agrees to limit the Contractor's
      liability to Client and any other third party for any damage on account of
      any error, omission or negligence to a sum not to exceed the lesser of (i)
      [AMOUNT] or (ii) the payment received by the Contractor for the particular
      service provided giving rise to the claim. The limitation of liability set
      forth herein is for any and all matters for which the Contractor may
      otherwise have liability arising out of or in connection with this
      Agreement, whether the claim arises in contract, tort, statute, or
      otherwise.
<PAGE>

5.2   Remedy

      Client's exclusive remedy for any claim arising out of or relating to this
      Agreement will be for the Contractor, upon receipt of written notice,
      either (i) to use commercially reasonable efforts to cure, at its expense,
      the matter that gave rise to the claim for which the Contractor is at
      fault, or (ii) return to Client the fees paid by Client to the Contractor
      for the particular service provided that gives rise to the claim, subject
      to the limitation contained in Section 5.1. Client agrees that it will not
      allege that this remedy fails its essential purpose.

5.3   Survival

      Articles 2, 4, 5, and 6 survive the expiration or termination of this
      Agreement for any reason.

6.    MISCELLANEOUS

6.1   Insecurity and Adequate Assurances

      If reasonable grounds for insecurity arise with respect to Client's
      ability to pay for the Services in a timely fashion, the Contractor may
      demand in writing adequate assurances of Client's ability to meet its
      payment obligations under this Agreement. Unless Client provides the
      assurances in a reasonable time and manner acceptable to the Contractor,
      in addition to any other rights and remedies available, Client may
      partially or totally suspend its performance while awaiting assurances,
      without liability to Client.

6.2   Severability

      Should any part of this Agreement for any reason be declared invalid, such
      decision shall not affect the validity of any remaining provisions, which
      remaining provisions shall remain in full force and effect as if this
      Agreement had been executed with the invalid portion thereof eliminated,
      and it is hereby declared the intention of the parties that they would
      have executed the remaining portion of this Agreement without including
      any such part, parts, or portions which may, for any reason, be hereafter
      declared invalid. Any provision shall nevertheless remain in full force
      and effect in all other circumstances.

6.3   Modification and Waiver

      Waiver of breach of this Agreement by either part shall not be considered
      a waiver of any other subsequent breach.

6.4   Independent Contractor

      The Contractor is an independent contractor of Client.

6.5   Notices

      Client shall give the Contractor written notice within [NUMBER] days of
      obtaining knowledge of the occurrence of any claim or cause of action
      which Client believes that it has, or may seek to assert or allege,
      against the Contractor, whether such claim is based in law or equity,
      arising under or related to this Agreement or to the transactions
      contemplated hereby, or any act or omission to act by the Contractor with
      respect hereto. If Client fails to give such notice to the Contractor with
      regard to any such claim or cause of action and shall not have brought
      legal action for such claim or cause of action within said time period,
      Client shall be deemed to have waived, and shall be forever barred from
      bringing or asserting such claim or cause of action in any suit, action or
      proceeding in any court or before any governmental agency or authority or
      any arbitrator. All notices or other communications hereunder shall be in
      writing, sent by courier or the fastest possible means, provided that
      recipient receives a manually signed copy and the transmission method is
      scheduled to deliver within [HOURS] and shall be deemed given when
      delivered to the address specified below or such other address as may be
      specified in a written notice in accordance with this Section.
<PAGE>

If    to the Contractor:

      Chris Martin
      34192 Doheny Park Rd
      Capistrano Beach, CA 92624

      If to Client:

      Don Dallape
      Execute Sports
      1284 Puerta Del Sol, Suite 150
      San Clemente CA 92673

      Any party may, by notice given in accordance with this Section to the
      other parties, designate another address or person or entity for receipt
      of notices hereunder.

6.6   Assignment

      The Agreement is not assignable or transferable by Client. This Agreement
      is not assignable or transferable by the Contractor without the written
      consent of Client, which consent shall not be unreasonably withheld or
      delayed.

6.7   Disputes

      The Contractor and Client recognize that disputes arising under this
      Agreement are best resolved at the working level by the parties directly
      involved. Both parties are encouraged to be imaginative in designing
      mechanism and procedures to resolve disputes at this level. Such efforts
      shall include the referral of any remaining issues in dispute to higher
      authority within each participating party's organization for resolution.
      Failing resolution of conflicts at the organizational level, the
      Contractor and Client agree that any remaining conflicts arising out of or
      relating to this Contract shall be submitted to nonbinding mediation
      unless the Contractor and Client mutually agree otherwise. If the dispute
      is not resolved through non-binding mediation, then the parties may take
      other appropriate action subject to the other terms of this Agreement.

6.8   Section Headings

      Title and headings of sections of this Agreement are for convenience of
      reference only and shall not affect the construction of any provision of
      this Agreement.

6.9   Representations; Counterparts

      Each person executing this Agreement on behalf of a party hereto
      represents and warrants that such person is duly and validly authorized to
      do so on behalf of such party, with full right and authority to execute
      this Agreement and to bind such party with respect to all of its
      obligations hereunder. This Agreement may be executed (by original or
      telecopied signature) in counterparts, each of which shall be deemed an
      original, but all of which taken together shall constitute but one and the
      same instrument.

6.10  Residuals

      Nothing in this Agreement or elsewhere will prohibit or limit the
      Contractor's ownership and use of ideas, concepts, know-how, methods,
      models, data, techniques, skill knowledge and experience that were used,
      developed or gained in connection with this Agreement. The Contractor and
      Client shall each have the right to use all data collected or generated
      under this Agreement.

6.11  Non-solicitation of Employees
<PAGE>

      During and for [NUMBER] year after the term of this Agreement, Client will
      not solicit the employment of, or employ the Contractor's personnel,
      without the Contractor's prior written consent.

6.12  Cooperation

      Client will cooperate with the Contractor in taking actions and executing
      documents, as appropriate, to achieve the objectives of this Agreement.
      Client agrees that the Contractor's performance is dependent on Client's
      timely and effective cooperation with the Contractor. Accordingly, Client
      acknowledges that any delay by Client may result in the Contractor being
      released from an obligation or scheduled deadline or in Client having to
      pay extra fees for the Contractor's agreement to meet a specific
      obligation or deadline despite the delay.

6.13  Governing Law and Construction

      This Agreement will be governed by and construed in accordance with the
      laws of California, without regard to the principles of conflicts of law.
      The language of this Agreement shall be deemed to be the result of
      negotiation among the parties and their respective counsel and shall not
      be construed strictly for or against any party. Each party (i) agrees that
      any action arising out of or in connection with this Agreement shall be
      brought solely in courts of the State of California (ii) hereby consents
      to the jurisdiction of the courts of the State of California and (iii)
      agrees that, whenever a party is requested to execute one or more
      documents evidencing such consent, it shall do so immediately.

6.14  Entire Agreement; Survival

      This Agreement, including any Exhibits, states the entire Agreement
      between the parties and supersedes all previous contracts, proposals, oral
      or written, and all other communications between the parties respecting
      the subject matter hereof, and supersedes any and all prior
      understandings, representations, warranties, agreements or contracts
      (whether oral or written) between Client and the Contractor respecting the
      subject matter hereof. This Agreement may only be amended by an agreement
      in writing executed by the parties hereto.

6.15  Force Majeure

      The Contractor shall not be responsible for delays or failures (including
      any delay by the Contractor to make progress in the prosecution of any
      Services) if such delay arises out of causes beyond its control. Such
      causes may include, but are not restricted to, acts of God or of the
      public enemy, fires, floods, epidemics, riots, quarantine restrictions,
      strikes, freight embargoes, earthquakes, electrical outages, computer or
      communications failures, and severe weather, and acts or omissions of
      subcontractors or third parties.

6.16  Use By Third Parties

      Work performed by the Contractor pursuant to this Agreement are only for
      the purpose intended and may be misleading if used in another context.
      Client agrees not to use any documents produced under this Agreement for
      anything other than the intended purpose without the Contractor's written
      permission. This Agreement shall, therefore, not create any rights or
      benefits to parties other than to Client and the Contractor.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
day and year first above written.

CONTRACTOR                                         CLIENT

------------------------------                     -----------------------------
Authorized Signature                               Authorized Signature

By: Chris Martin                                   By: Donald Dallape
Title:                                             Title: President and ChairmanSUPPLEMENTAL SETTLEMENT AGREEMENT AND GENERAL RELEASE

      This Supplemental Settlement Agreement and Release (the "Agreement") is
dated September 1, 2005 and is made by and between IPEX, Inc. (the "Company")
and Edward Sullivan ("Sullivan"), and supercedes a prior Settlement Agreement
and Release dated August 19, 2005 between the same parties (the "Prior
Agreement") as follows:

      WHEREAS, a dispute arose between the Company and Sullivan concerning
certain monies that Sullivan alleged were owed to him by the Company (the
"Dispute"); and

      WHEREAS, the parties had entered into the Prior-Agreement to resolves such
disputes, but an issue arose concerning the issuance of a Rule 144 opinion in
connection with stock that was the subject thereof; and

      WHEREAS, the parties to this Agreement wish to resolve the pending dispute
and the resolution of the issue arising under the Prior-Agreement without
resulting to costly and distracting litigation; and

      WHEREAS, this Agreement is a settlement of disputed claims and does not
constitute an admission of wrongdoing of any kind;

      NOW THEREFORE, in consideration of the promises contained herein and for
other good and valuable consideration, the adequacy and receipt of which is
hereby acknowledged, the parties hereto agree as follows:

      1. The Company shall pay Sullivan the total sum of Forty-Nine Thousand
Dollars and No Cents ($49,000.00) (the "Payment") upon the execution hereof.
This payment reflects the balance of the monies owed to Sullivan under the
Prior-Agreement in the amount of Forth-Five Thousand Dollars ($45,000), together
with Three Thousand Dollars ($3,000) to compensate Sullivan for his attendance
at Board of Directors Meetings and One Thousand Dollars ($1,000) to compensate
Sullivan for his legal fees incurred with the issue arising under the Prior
Agreement. The parties acknowledge that Sullivan received in July 2005, the sum
of Forty Thousand Dollars ($40,000) and in August 2005, the sum of
Thirty-Thousand Dollars ($30,000) and the total settlement is $115,000,
exclusive of the aforementioned Board of Directors' Fees and legal fees.

      2. On February 20, 2004, the Company, through a predecessor company,
issued to Sullivan 218,000 shares of common stock (the "Shares"). Sullivan and
the Company executed a Lock-Up Agreement in February 2005, whereby Sullivan
agreed not to sell the Shares for a period of one year. The parties hereto waive
the provisions of the Lock-Up Agreement in its entirety and such agreement shall
be null and void. Sullivan acknowledges that he has received the stock
certificate for the Shares. At any time after the date hereof, if the Company
shall determine to register for its own account or the account of others under
the Securities Act of 1933, as amended, any of its equity securities, the
Company shall include in such registration statement the Shares. This
"piggy-back" registration right shall not apply to an offering of equity
securities registered on Form S-4 or S-8 (or their then equivalent forms)
relating to securities to be issued solely in connection with an acquisition of
any entity or business or securities issuable in connection with a stock option
or other employee benefit plan.

                                       1
<PAGE>

      3. Within 24 hours of the receipt of the Payment, Sullivan shall
immediately tender his written resignation from the Board of Directors of the
Company, effective immediately, to the Company.

      4. Upon receipt of the Payment, Sullivan agrees to release and discharge
IPEX, Inc., and the Company agrees to release and discharge Sullivan, and each
of their respective heirs, executors, administrators, parent company, holding
company, subsidiaries, successors, officers, directors, principals, control
persons, past and present employees, insurers, and assigns (the "Releasees")
from all actions, causes of action, suits, debts, dues, sums of money, accounts,
reckonings, controversies, agreements, promises, damages, judgments, claims and
demands whatsoever, in law or equity, against the above-named Releasees which
Sullivan or the Company, as the case may be, and their heirs, executors,
successors and assigns ever had, now have or hereafter can, shall or may have,
for, upon or by reason of any matter, cause or thing whatsoever from the
beginning of the world to the date of this Agreement; provided however the
parties hereto realize that paragraph "4" does not apply to Wolfgang Grabher.
With respect to the release contained herein, it is acknowledged and admitted by
Sullivan that he has been informed of the provisions of Section 1542 of the
Civil Code of the State of California, and does hereby expressly waive and
relinquish all rights and benefits which he has or may have under said Section,
or any comparable law under any other jurisdiction. Said section reads as
follows:

      "A general release does not extend to claims which the creditors does not
      know or suspect to exist in his favor at the time of executing the
      release, which if known by him must have materially affected his
      settlement with the debtor."

      5. Sullivan and IPEX understand and agree that this Agreement, including
the facts and circumstances underlying the dispute that gave rise to this
Agreement, shall forever be deemed confidential. Except as required under the
statutes, rules or regulations of any federal or state government, government
agency, self-regulatory organization or court of competent jurisdiction,
Sullivan and IPEX shall not disclose or divulge to others the following: the
terms or substance of this Agreement or any underlying facts of the Dispute
giving rise to this Agreement.

      6. Sullivan acknowledges and agrees that disclosing, divulging, revealing
or other use of any confidential information that he obtained during the course
of his involvement with the Company as a Director, Consultant, or other
position, may be highly detrimental to the Company's business and may result in
the serious loss of business and pecuniary damage to the Company. Except as
required under the statutes, rules or regulations of any federal or state
government, government agency, self-regulatory organization or court of
competent jurisdiction, Sullivan specifically covenants and agrees to hold all
such information in the strictest of confidence, and will not, without the
Company's prior written consent, disclose, divulge, or reveal to any person
whomsoever or use any confidential information for any purpose whatsoever.
Sullivan shall be permitted to disclose the Confidential Information to his
attorneys and accountants (for purposes of preparing his tax returns). For the
purposes of this Agreement, "confidential information" includes, but is not
limited to, information about the Company's clients, client contracts, business
plans, financial information, fees and schedules, compensation and employments
policies, the Company's marketing, financial, personnel, and sales information,
any strategies for future business products or services in any form, and any and
all information learned by Sullivan while serving as a Director and/or
Consultant to the Company. Confidential information does not include any
information that (i) Sullivan possessed prior to his association with the
Company and its predecessor, (ii) the Company has disclosed to the public or
(iii) is otherwise publicly known or available.

                                       2
<PAGE>

      7. Sullivan and the Company acknowledge that the services provided by
Sullivan to the Company were special, unique, and extraordinary and, as a result
of his position with the Company, Sullivan has access to confidential and
proprietary information. Further, Sullivan and the Company recognize and
acknowledge that the Company's voice-over-internet protocol business is a
business without borders and utilized the internet, which is available
worldwide. In light of the foregoing and the consideration provided herein by
the Company, Sullivan agrees that it is reasonably necessary for the protection
of the Company's goodwill that Sullivan agree, and accordingly, Sullivan does
hereby agree, and covenant that he will not work for, consult for, serve as a
director, officer, or employee, or otherwise directly or indirectly assist, any
individual or entity that provides, anticipates providing, or owns an interest
in a entity that provides voice-over-internet protocol products and/or services
for a term of one (1) year from the date of this Agreement. Sullivan
specifically agrees that the geographical scope of this provision is without
limitation and encompasses the entire world. The parties recognize that the term
of one (1) year and world-wide scope of this covenant-not-to-compete is fair and
reasonable in order to protect the Company's legitimate business interest and
technology and does not impose an undue hardship on Sullivan. For ease of
reference, this paragraph shall be referred to as the "Covenant-Not-To-Compete."

      8. In the event that Sullivan breaches the Covenant-Not-To-Compete, the
parties acknowledge that monetary damages resulting from a breach thereof may be
difficult to calculate and insufficient to remedy the injury resulting from such
breach. Accordingly, Sullivan acknowledges and admits that the Company shall be
entitled, in addition to any other right or remedy it may have in law or equity,
to a preliminary and permanent injunction, enjoining or restraining Sullivan, as
the case may be, from any violation or threatened violation of the
Covenant-Not-To-Compete. If any of the restrictions contained in the
Covenant-Not-To-Compete shall be deemed to be unenforceable by reason of the
extent, duration, or geographical scope thereof, or otherwise, then the Court
making such determination shall have the right to reduce such extent, duration,
geographical scope, or other provision thereof, and in its reduced form, the
Covenant-Not-To-Compete shall then be enforceable in the manner contemplated
thereby. Finally, nothing contained in this paragraph shall be construed as
prohibiting the Company from pursuing any other remedies available to it for any
such damages and any equitable accounting of all earnings, profits, and other
benefits arising from such violation.

      9. Sullivan, Wolfgang Grabher, and the Company agree that neither of them
shall, directly or indirectly, in public or in private, deprecate, impugn,
disparage or make any remarks that would be construed to defame the other, or
the Company's past or present officers, directors, or shareholders, nor shall
Sullivan, Wolfgang Grabher, or the Company assist any other person firm, entity,
or company in so doing.

      10. Contemporaneously with the execution of this Agreement, the Company
agrees to execute and deliver a Indemnification Agreement to Sullivan in the
form annexed hereto as Exhibit A.

                                       3
<PAGE>

      11. Aside from the attorneys' fees referenced in paragraph 1, all parties
are responsible for their own attorneys' fees and costs.

      12. Upon receipt of the Payment, Sullivan shall return the original and
all copies thereof of any AICI and/or IPEX documents to the Company.

      13. All parties acknowledge and represent that: (a) they have read the
Agreement; (b) they clearly understand the Agreement and each of its terms; (c)
they fully and unconditionally consent to the terms of this Agreement; (d) they
have had the benefit and advice of counsel of their own selection; (e) they have
executed this Agreement, freely, with knowledge, and without influence or
duress; (f) they have not relied upon any other representations, either written
or oral, express or implied, made to them by any person; and (g) the
consideration received by them has been actual and adequate.

      14. Should any provision of this Agreement be declared or be determined by
any court or tribunal to be illegal or invalid, the validity of the remaining
parts, terms or provisions shall not be affected thereby and said illegal or
invalid part, term or provision shall be severed and deemed not to be part of
this Agreement.

      15. This Agreement represents the parties' entire agreement, and no party
is relying on any oral representations not expressly contained in this
Agreement. This Agreement may not be changed except by a writing signed by all
parties.

      16. In the event of a dispute arising under this Agreement including, but
not limited to, the enforcement of the Covenant-Not-To-Compete and
non-disclosure provisions hereof, the parties irrevocably consent to the
personal jurisdiction of the State and Federal Courts sitting in the County of
San Diego, State of California. Further, the parties agree that venue is proper
in such Court and waive any claim or defense of forum non-convenience and that
any such dispute shall be governed by the substantive laws of the State of
California and without regard to principles of conflicts of law thereof.

      17. This Agreement may be executed in facsimile counterparts, each of
which, when all parties have executed at least one such counterpart, shall be
deemed an original, with the same force and effect as if all signatures were
appended to one instrument, but all of which together shall constitute one and
the same Agreement.

/s/ Edward Sullivan
-------------------
EDWARD SULLIVAN

IPEX, INC.

By:  /s/ Gerald Beckwith
     ------------------------------
         Gerald Beckwith, its Chief Executive Officer

                                       4
<PAGE>

ROSNER, LAW AND MANSFIELD

By:  /s/ Hallen D. Rosner
     ------------------------------
         Hallen D. Rosner, Esq.,
         Attorney for Sullivan

SICHENZIA ROSS FRIEDMAN FERENCE LLP

By:   /s/ Marc J. Ross
      -----------------------------
         Marc J. Ross, Esq.,
         Attorney for IPEX, Inc.

/s/ Wolfgang Grabher
-----------------------------------
WOLFGANG GRABHER, only as to the
non-disparagement provision set forth paragraph 9 hereof

                                       5

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