National Energy Services, Inc.. SETTLEMENT STIPULATION AND RELEASE (2011-03-29)
This Settlement Stipulation and Release ( **Stipulation** ) is made and entered into as of March 25, 2011 (the **Settlement Date** ), by and among **NATIONAL AUTOMATION** **SERVICES, INC., a Nevada corporation ( NAS), INTECON, INC., an Arizona corporation (Intecon), INTUITIVE SYSTEMS SOLUTIONS, INC., a Nevada corporation (ISS), and ROBERT CHANCE, individually (Chance) **(NAS, Intecon, ISS **** and Chance shall collectively be referred to herein as the **NAS Parties** ), **TRAFALGAR** **CAPITAL SPECIALIZED INVESTMENT FUND, LUXEMBOURG, a Luxembourg SICA** **V Fund, also known as TRAFALGAR CAPITAL SPECIALIZED INVESTMENT FUND,** **FIS, a foreign general partnership** ( **Trafalgar Luxembourg** ), **TRAFALGAR CAPITAL** **Sarl** ( **Trafalgar Sarl** ), **TRAFALGAR CAPITAL ADVISORS, a Florida corporation** ( ** TCA**) (Trafalgar Luxembourg, Trafalgar Sarl, Trafalgar FIS and TCA shall collectively be referred to herein as the **Trafalgar Parties** ), (the NAS Parties and Trafalgar Parties shall collectively be referred to herein as the **Parties** ), with reference to the following facts: