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SETTLEMENT AGREEMENT <br />Frank Kern et al., Plaintiffs, vs. Marlin Hansen et al., <br />Defendants; Court File No. C3 -91 -3711, Tenth Judicial <br />District, District Court of Minnesota. <br />Page 4 of 5 <br />attorneys fees and costs, and .punitive damages not to exceed <br />$15,000.00.1 It is mutually agreed-that this settlement agreement <br />will be subject to interpretation pursuant to the laws and statutes <br />of the State of Minnesota. <br />12. Each party agrees to execute a Stipulation of Dismissal <br />with Prejudice in order to dismiss the following action: Frank <br />Kern et al., Plaintiffs, vs. Marlin Hansen et al., Defendants; <br />Court File No . -C3 -91 -3711, Tenth- Judicial -Di strict ,- Diistr-ic-t- Court <br />of Minnesota. <br />13. This settlement agreement is entered into by all parties <br />willingly, knowingly and voluntarily in full settlement of all <br />claims as outlined above and is not to be construed as an admission <br />by any party of the validity of any such claims. <br />14. This settlement agreement is irrevocable and binding upon <br />all parties hereto. <br />Marlin H. Hansen <br />Robert R. Adamson <br />City f, Lino; Lakes <br />-" /,►i�r <br />�_ <br />Do ' a Kern <br />Frederick Gelbmann <br />am 7 a Gelbmann <br />174711L- <br />nda Elliott <br />Elliott <br />John Kinneberg i Laurie Kinneberg <br />Date: /a- 0.-7 <br />Date: - /- ?'"'7/ <br />Date: %-73' -7/ <br />Date: <br />Date: 47-Se-9/ <br />Date: (C <br />Date: / -2- .5,-F/ <br />Date: /x/347/ <br />