Exhibit 10.1
RELEASE AND COVENANT NOT TO
SUE
TO ALL TO WHOM THESE PRESENTS
SHALL COME OR MAY CONCERN, KNOW THAT
1. COACH FINANCIAL SERVICES, INC., a Florida
corporation, COACH INDUSTRIES GROUP, INC., a Nevada corporation,
and their officers, directors, employees, attorneys, agents, heirs,
executors, administrators, parents, subsidiaries, affiliates,
successors and assigns (collectively, “RELEASOR”), in
consideration of the sum of TEN DOLLARS ($10.00) and other good and
valuable consideration, received from NEW WORLD LEASE FUNDING, LLC
(together with its successors and assigns, “NWLF”), a
limited liability company organized under the laws of the State of
Delaware, receipt and sufficiency of which is hereby acknowledged,
forever releases and discharges NWLF and its officers, directors,
parents, subsidiaries, affiliates, employees, attorneys, agents,
heirs, executors, administrators, successors and assigns
(collectively, the RELEASEE) from all actions, causes of action,
suits, debts, dues, sums of money, accounts, reckonings, bonds,
bills, specialties, covenants, contracts, controversies,
agreements, promises, variances, trespasses, damages, judgments,
extents, executions, claims, and demands whatsoever, in law,
admiralty or equity, whether known or unknown, which against the
RELEASEE, the RELEASOR ever had, now have or hereafter can, shall
or may, have for, upon, or by reason of any matter, cause or thing
whatsoever.
2. RELEASOR hereby
