May 29, 2013
Mr. Michael L. Mooney
10914 E. 35th
Spokane Valley, WA 99205
Re: Termination of Association/Affiliation/Employment
Dear Michael:
We represent MPM Technologies, Inc. (“MPM Technologies”), a Washington corporation, and Carbon Cycle Investments, LLC (“CCI”), a Washington limited liability company.
Be advised, the founders/shareholders of MPM Technologies and CCI have decided to terminate their association/affiliation/employment with you in all respects effective immediately.
However, given the founders/shareholders’ wish for the termination to be amicable, they are willing to engage in the attached Release and Settlement Agreement. Attached hereto asAppendix A is the proposed Release and Settlement Agreement.
| Very truly yours, | |
| DUNN & BLACK, P.S. | |
| /s/ SUSAN C. NELSON | |
| SUSAN C. NELSON |
| SCN: | sg |
| cc: | MPM Technologies, Inc. |
| Carbon Cycle Investments, LLC |
DunnandBlack.com