Document:

Settlement
AND RELEASE Agreement

 

This
Settlement Agreement AND RELEASE (this “Agreement”)
is entered into, effective December 29, 2015 (the “Effective Date”), by and between chatAND, Inc., a Nevada
corporation (the “Company”) and Daniel Lebor, an individual (“Releasor”). The Company and Releasor
are referred to in this Agreement individually as the “Party” or collectively as the “Parties.”

 

1.Pursuant
to an [unsecured note payable] issued on or about, the Company owes to Releasor $52,516, including all principal and accrued but
paid interest (“Settled Debt”). The Company and Releasor desire to settle the Settled Debt pursuant to the
terms and conditions of this Agreement.

 

2.The
Company agrees to issue to Releasor 350,103 shares of the common stock, par value $0.00001 per share, of the Company (the “Shares”),
upon the execution of this Agreement in settlement of the Settled Debt. Upon issuance of the Shares to Releasor, the Shares shall
be “restricted securities”, as that term is defined under Rule 144 of the Securities Act of 1933, as amended (the
“Securities Act”) and may not be sold or otherwise transferred unless the Shares have been registered with
the Securities and Exchange Commission (the “SEC”) in the opinion of counsel other than from Releasor reasonably
satisfactory to the Company, an exemption from the registration requirements under the Securities Act is available. Releasor understands
and acknowledges that the Company makes no representations or warranties regarding the future price of the Shares, the current
or future value of the Shares, or its current business, operations or financial condition or prospects and, except as expressly
set forth in this Agreement, Releasor has not relied on any representations or warranties from the Company or its representatives
in any manner whatsoever. Releasor represents and warrants to the Company that he/she is an “accredited investor”,
as such term is defined under Rule 501(a)(3) of the Securities Act, they are acquiring the Shares for their own account and for
investment purposes, they have no present intention to distribute the Shares publicly, and they have the financial sophistication
and knowledge to understand the risk of acceptance of the Shares in cancellation of the Settled Debt and can risk an entire loss
of their investment in the Shares. Other than the Shares, Releasor acknowledges that it is not owed any other salary, commissions,
reimbursements, payments, distributions or debts by the Company.

 

3.Except
with respect to the violation of the covenants, agreements, warrants, or representations contained in this Agreement, Releasor
does hereby fully, finally, and forever release, remise, discharge, and acquit the Company and each of its affiliates, predecessor
and successor entities, and any and all of its past, present, and future investors, shareholders, officers, partners, directors,
employees, managers, agents and representatives, from and against any and all claims, actions, causes of action, debts, damages,
demands, offsets, payments, costs, attorneys’ fees, obligations of every kind and nature, rights, liabilities, charges,
expenses, contracts, promises, or agreements, direct or indirect, regardless of the legal theory upon which they are based, whether
known or unknown, now existing or arising at any time in the future, liquidated or unliquidated, and any and all other agreements,
events, acts or conduct occurring at any time prior to and through the date of this Agreement, including but not limited to any
and all such claims or demands relating to equity interests, compensation, bonuses, fringe benefits, expense reimbursements, severance
pay or any other form of compensation, or otherwise arising under the laws relating to contracts, promissory estoppel, fiduciary
duties, employment, discrimination, harassment, defamation, emotional distress, fraud, and breach of the implied covenant of good
faith and fair dealing, and any and.

 

    	 

    	 	 	 

    

 

4.The
Parties represent that they have made no assignment and will make no assignment of the actions, causes of action, or claims released
herein.

 

5.It
is expressly understood that any action by any Party in connection with this Agreement is not, and shall not be construed as,
an admission of liability; rather, any such actions are made and done only as part of this settlement and release of disputed
claims.

 

6.Each
undersigned Party acknowledges that: (1) the Party has read this Agreement fully and carefully before signing it; (2) the Party
has consulted with or has had the opportunity to consult with an attorney regarding the legal effect and meaning of this Agreement
and all of its terms and conditions, and that the Party is aware of the contents of this Agreement and its legal effects; (3)
the Party has had the opportunity to make whatever investigation or inquiry that the Party deems necessary or appropriate in connection
with the subject matter of this Agreement; (4) the Party is of sound mind and is executing this Agreement voluntarily and free
from any undue influence, coercion, duress, or fraud of any kind; and (5) the Party is waiving and releasing all claims against
the other Party as provided herein knowingly and voluntarily.

 

7.This
Agreement shall be governed by and construed in accordance with the laws of the State of Nevada. The Parties agree that any action
to enforce the provisions of this Agreement shall be brought only in a federal court or a state court located in the City of New
York, New York, and the Parties hereby consent to the jurisdiction of, venue in, and service of process from, such courts.

 

8.It
is expressly understood and agreed that the execution and performance of this Agreement is in full accord and satisfaction of
all demands between the Parties as of the Effective Date of this Agreement. This Agreement shall be binding and inure to the benefit
of the Parties and their successors and assigns.

 

9.The
Parties acknowledge that this Agreement contains the entire agreement and understanding between the Parties relating to the subject
matter hereof, and that this Agreement merges and supersedes all prior discussions and understandings between the Parties relating
to said subject matter. The Parties confirm that no promise or inducement not expressed in the written terms of this Agreement
has been made to the other. In entering into this Agreement, the Parties are not relying upon any statement or representation
not contained in this Agreement made by any other Party, the Party’s counsel, partners, directors, managers, members, officers,
employees, agents, or any other person representing either of the Parties concerning the nature, severity, extent, or consequences
of any injuries, damages, losses, costs, and claims of any Party hereto and any liability therefor.

 

    	 	 2	 

     

    

 

10.Whenever
possible, each provision of this Agreement shall be interpreted in a manner as to be valid under existing law. A finding of invalidity
as to any provision of this Agreement or any portion thereof, shall void only that provision or portion and no other, and this
Agreement shall be interpreted as if it did not contain such invalid provision or portion.

 

11.The
Parties agree to keep the terms of this Agreement and any earlier discussions and correspondence relating to this Agreement confidential.
The Parties shall not disclose or discuss the terms of this Agreement with any other person or entity. Provided, however, that
the Parties may disclose or discuss the terms of this Agreement with legal and accounting professionals, in connection with the
performance of professional services, who have a need to know such terms in connection with the performance of professional services,
or as may be required by state or federal law.

 

12.The
Parties shall perform any additional lawful acts, including the execution of additional agreements, as are reasonably necessary
to effectuate the purposes of this Agreement.

 

13.This
Agreement may be signed in counterparts, each of which shall be deemed an original, and all of which together shall constitute
one and the same instrument.

 

14.This
Agreement may be executed by exchange of facsimile copies. The facsimile copies showing the signatures of the Parties shall constitute
originally signed copies of the Agreement requiring no further execution.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 	 3	 

     

    

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

 

	 	chatAND,
    Inc.
	 	 	 
	 	By:
    	/s/
    Victoria Rudman
	 	 	Victoria
    Rudman
	 	 	Chief
    Financial Officer
	 	 	 
	 	 	/s/
    Daniel Lebor
	 	 	Daniel
    Lebor

 

    	 	 4Settlement
AND RELEASE Agreement

 

This
Settlement Agreement AND RELEASE (this “Agreement”)
is entered into, effective December 29, 2015 (the “Effective Date”), by and between chatAND, Inc., a Nevada
corporation (the “Company”) and Michael Lebor, an individual (“Releasor”). The Company and Releasor
are referred to in this Agreement individually as the “Party” or collectively as the “Parties.”

 

2.Pursuant
to an [unsecured note payable] issued on or about, the Company owes to Releasor $9,145, including all principal and accrued but
paid interest (“Settled Debt”). The Company and Releasor desire to settle the Settled Debt pursuant to the
terms and conditions of this Agreement.

 

2.The
Company agrees to issue to Releasor 60,967 shares of the common stock, par value $0.00001 per share, of the Company (the “Shares”),
upon the execution of this Agreement in settlement of the Settled Debt. Upon issuance of the Shares to Releasor, the Shares shall
be “restricted securities”, as that term is defined under Rule 144 of the Securities Act of 1933, as amended (the
“Securities Act”) and may not be sold or otherwise transferred unless the Shares have been registered with
the Securities and Exchange Commission (the “SEC”) in the opinion of counsel other than from Releasor reasonably
satisfactory to the Company, an exemption from the registration requirements under the Securities Act is available. Releasor understands
and acknowledges that the Company makes no representations or warranties regarding the future price of the Shares, the current
or future value of the Shares, or its current business, operations or financial condition or prospects and, except as expressly
set forth in this Agreement, Releasor has not relied on any representations or warranties from the Company or its representatives
in any manner whatsoever. Releasor represents and warrants to the Company that he/she is an “accredited investor”,
as such term is defined under Rule 501(a)(3) of the Securities Act, they are acquiring the Shares for their own account and for
investment purposes, they have no present intention to distribute the Shares publicly, and they have the financial sophistication
and knowledge to understand the risk of acceptance of the Shares in cancellation of the Settled Debt and can risk an entire loss
of their investment in the Shares. Other than the Shares, Releasor acknowledges that it is not owed any other salary, commissions,
reimbursements, payments, distributions or debts by the Company.

 

3.Except
with respect to the violation of the covenants, agreements, warrants, or representations contained in this Agreement, Releasor
does hereby fully, finally, and forever release, remise, discharge, and acquit the Company and each of its affiliates, predecessor
and successor entities, and any and all of its past, present, and future investors, shareholders, officers, partners, directors,
employees, managers, agents and representatives, from and against any and all claims, actions, causes of action, debts, damages,
demands, offsets, payments, costs, attorneys’ fees, obligations of every kind and nature, rights, liabilities, charges,
expenses, contracts, promises, or agreements, direct or indirect, regardless of the legal theory upon which they are based, whether
known or unknown, now existing or arising at any time in the future, liquidated or unliquidated, and any and all other agreements,
events, acts or conduct occurring at any time prior to and through the date of this Agreement, including but not limited to any
and all such claims or demands relating to equity interests, compensation, bonuses, fringe benefits, expense reimbursements, severance
pay or any other form of compensation, or otherwise arising under the laws relating to contracts, promissory estoppel, fiduciary
duties, employment, discrimination, harassment, defamation, emotional distress, fraud, and breach of the implied covenant of good
faith and fair dealing, and any and.

 

    	 

    	 	 	 

    

 

4.The
Parties represent that they have made no assignment and will make no assignment of the actions, causes of action, or claims released
herein.

 

5.It
is expressly understood that any action by any Party in connection with this Agreement is not, and shall not be construed as,
an admission of liability; rather, any such actions are made and done only as part of this settlement and release of disputed
claims.

 

6.Each
undersigned Party acknowledges that: (1) the Party has read this Agreement fully and carefully before signing it; (2) the Party
has consulted with or has had the opportunity to consult with an attorney regarding the legal effect and meaning of this Agreement
and all of its terms and conditions, and that the Party is aware of the contents of this Agreement and its legal effects; (3)
the Party has had the opportunity to make whatever investigation or inquiry that the Party deems necessary or appropriate in connection
with the subject matter of this Agreement; (4) the Party is of sound mind and is executing this Agreement voluntarily and free
from any undue influence, coercion, duress, or fraud of any kind; and (5) the Party is waiving and releasing all claims against
the other Party as provided herein knowingly and voluntarily.

 

7.This
Agreement shall be governed by and construed in accordance with the laws of the State of Nevada. The Parties agree that any action
to enforce the provisions of this Agreement shall be brought only in a federal court or a state court located in the City of New
York, New York, and the Parties hereby consent to the jurisdiction of, venue in, and service of process from, such courts.

 

8.It
is expressly understood and agreed that the execution and performance of this Agreement is in full accord and satisfaction of
all demands between the Parties as of the Effective Date of this Agreement. This Agreement shall be binding and inure to the benefit
of the Parties and their successors and assigns.

 

9.The
Parties acknowledge that this Agreement contains the entire agreement and understanding between the Parties relating to the subject
matter hereof, and that this Agreement merges and supersedes all prior discussions and understandings between the Parties relating
to said subject matter. The Parties confirm that no promise or inducement not expressed in the written terms of this Agreement
has been made to the other. In entering into this Agreement, the Parties are not relying upon any statement or representation
not contained in this Agreement made by any other Party, the Party’s counsel, partners, directors, managers, members, officers,
employees, agents, or any other person representing either of the Parties concerning the nature, severity, extent, or consequences
of any injuries, damages, losses, costs, and claims of any Party hereto and any liability therefor.

 

    	 	 2	 

     

    

 

10.Whenever
possible, each provision of this Agreement shall be interpreted in a manner as to be valid under existing law. A finding of invalidity
as to any provision of this Agreement or any portion thereof, shall void only that provision or portion and no other, and this
Agreement shall be interpreted as if it did not contain such invalid provision or portion.

 

11.The
Parties agree to keep the terms of this Agreement and any earlier discussions and correspondence relating to this Agreement confidential.
The Parties shall not disclose or discuss the terms of this Agreement with any other person or entity. Provided, however, that
the Parties may disclose or discuss the terms of this Agreement with legal and accounting professionals, in connection with the
performance of professional services, who have a need to know such terms in connection with the performance of professional services,
or as may be required by state or federal law.

 

12.The
Parties shall perform any additional lawful acts, including the execution of additional agreements, as are reasonably necessary
to effectuate the purposes of this Agreement.

 

13.This
Agreement may be signed in counterparts, each of which shall be deemed an original, and all of which together shall constitute
one and the same instrument.

 

14.This
Agreement may be executed by exchange of facsimile copies. The facsimile copies showing the signatures of the Parties shall constitute
originally signed copies of the Agreement requiring no further execution.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 	 3	 

     

    

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

 

	 	chatAND,
    Inc.
	 	 	 
	 	By:
    	/s/
    Victoria Rudman
	 	 	Victoria
    Rudman
	 	 	Chief
    Financial Officer
	 	 	 
	 	 	/s/
    Michael Lebor
	 	 	Michael
    Lebor

 

    	 	 4

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