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Re: farviewhill post# 42329

Monday, 03/26/2012 8:24:21 PM

Monday, March 26, 2012 8:24:21 PM

Post# of 92948
I am not a contract attorney or anywhere near qualified to state an absolute opinion on this. Yes, from what I read it
seems to put the issue behind ACT for good. For what this cost the Company and shareholders one can only hope the 'release agreement" was written by the best with no loopholes whatsoever. I can only say it seems to be done that way as the paragraph below indicates..

B. Holder, on behalf of itself and its Affiliates, shall irrevocably, fully, and finally, without further word, deed, action, execution, or further documentation, release and discharge Advanced Cell and its past and present officers, directors, employees, managers, attorneys, accountants, heirs and representatives (“Advanced Cell Releasees”), from any and all actions, causes of action, suits, debts, accounts, covenants, contracts, agreements, promises, damages, judgments, claims, and demands whatsoever, in law or equity, known or unknown which they, their successors and assigns now have or hereinafter may have against the Advanced Cell Releasees, from the beginning of time up to and including the date of this Agreement, including all claims in respect of derivative securities relating to issuances of Company securities prior to the date hereof irrespective of the price, if any, at which such securities were issued, provided, however, that nothing in this release shall limit or affect Holder’s rights to enforce this Agreement or their rights to the Shares.
http://www.sec.gov/Archives/edgar/data/1140098/000114420411069285/v242652_ex10-1.htm

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