By: /s/ Shevach SarafPrinted Name:Shevach SarafTitle:Chairman, President, CEO&CFO

EX-10.1 2 f8k032713ex10i_solitron.htm SETTLEMENT AGREEMENT, DATED MARCH 27, 2013, BY AND BETWEEN THE STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION AND SOLITRON DEVICES, INC. f8k032713ex10i_solitron.htm
Exhibit 10.1
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
14.     Effective Date. As used in this Agreement the term shall mean the date which the FDEP has received all payments comprising the Settlement Amount (the "Effective Date").
 
IN WITNESS WHEREOF, the Parties have duly executed the Agreement as of the date first written above:
 
Solitron Devices, Inc.
 
By: /s/ Shevach Saraf
 
Printed Name: Shevach Saraf
 
Title: Chairman, President, CEO & CFO
 
State of Florida Department of Environmental Protection
 
By: /s/ Douglas A. Jones
 
Printed Name: Douglas A. Jones
 
Title: Bureau Chief, BWC, FDEP
 
 
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