SETTLEMENT AGREEMENT DRAFT Document Ref: SAGD-2026-001 Date of Preparation: June 1 2026 CLAIMANT: Priya Shah Mumbai Maharashtra India RESPONDENT: QuickFreight Pvt Ltd Mumbai Maharashtra India 1. RECITALS 1.1 Priya Shah is an individual freelance consultant and QuickFreight Pvt Ltd is a logistics company operating in Mumbai Maharashtra India. 1.2 A disagreement has arisen between the parties regarding unpaid consulting fees claimed by Priya Shah for work completed in March 2026. 1.3 No formal complaints or legal proceedings have been initiated by either party as of the date of this document. 1.4 Both parties confirm mutual intent to document and formalize their agreed resolution through this document. 2. DEFINITIONS 2.1 Parties: Priya Shah and QuickFreight Pvt Ltd. 2.2 Claimant: Priya Shah. 2.3 Respondent: QuickFreight Pvt Ltd. 2.4 Dispute: The disagreement regarding unpaid freelance consulting fees for work completed in March 2026. 2.5 Settlement Amount: INR 130,000 payable by QuickFreight Pvt Ltd to Priya Shah. 2.6 Payment Date: 21 calendar days from the Effective Date of this document. 2.7 Release: The mutual release of all claims described in this document. 2.8 Released Parties: Both Priya Shah and QuickFreight Pvt Ltd and their respective representatives and agents. 2.9 Claims: All claims, demands, or obligations arising from the Dispute. 2.10 Effective Date: The date on which this document is signed by all parties. 3. BACKGROUND SUMMARY 3.1 Priya Shah provided freelance logistics consulting services to QuickFreight Pvt Ltd in or around March 2026 under an agreed arrangement between the parties. 3.2 Priya Shah claims that consulting fees of INR 180,000 remain unpaid following completion of the work. 3.3 Both parties have agreed to resolve this matter on the terms recorded in this document. 4. AGREEMENT TO RESOLVE 4.1 Both parties agree to resolve the Dispute on the terms documented in this agreement voluntarily. 4.2 This document is intended to record the full and final agreed resolution of all matters arising from the Dispute. 5. NO ADMISSION OF WRONGDOING 5.1 Nothing in this document or any payment made under it constitutes an admission of fault, liability, or wrongdoing by any party. 5.2 Neither party may present this document as evidence of any admission. 6. SETTLEMENT PAYMENT 6.1 QuickFreight Pvt Ltd agrees to pay Priya Shah the Settlement Amount of INR 130,000 as a lump sum payment. 6.2 Payment shall be made via NEFT or RTGS bank transfer within 21 days of the Effective Date to the account details provided by Priya Shah upon request. 7. NON-MONETARY OBLIGATIONS 7.1 QuickFreight Pvt Ltd shall provide Priya Shah with written confirmation of completion of the engagement within 7 days of the Effective Date. 8. RELEASE OF CLAIMS 8.1 Upon receipt of the Settlement Amount, Priya Shah releases QuickFreight Pvt Ltd and all Released Parties from all claims arising from the Dispute up to the date of signing, subject to legal review and confirmation by each party's legal advisor. 8.2 QuickFreight Pvt Ltd similarly releases Priya Shah from all claims arising from the Dispute. 9. CONFIDENTIALITY 9.1 Both parties agree to keep the existence, terms, and amount of this resolution confidential for a period of 2 years from the Effective Date. 9.2 Disclosure is permitted only to legal, financial, or tax advisors on a need-to- know basis, or as required by applicable law. 10. NON-DISPARAGEMENT 10.1 Both parties agree not to make false, misleading, or disparaging statements about any other party in connection with the Dispute or this resolution. 10.2 Truthful disclosures required by law are not restricted by this provision. 11. GOVERNING JURISDICTION 11.1 The parties have agreed that the laws of Maharashtra India shall apply to this document. 11.2 If any disagreement arises about the terms of this document, the parties will first attempt to resolve it through direct negotiation before pursuing any formal process. 12. INDEPENDENT LEGAL ADVICE AND SIGNATURES Each party confirms they have been encouraged to obtain independent legal advice before signing and that they are signing voluntarily. All parties should sign only after obtaining legal review. Priya Shah Signature: ________________ Date: ____________________ QuickFreight Pvt Ltd Signature: ________________ Name: ____________________ Title: ___________________ Date: ____________________ DISCLAIMER: This Settlement Agreement draft was generated by an AI drafting tool as a structured preparation and documentation aid only. It does not constitute legal advice, does not guarantee any legal outcome, and is not a substitute for professional legal guidance. Always have this reviewed and finalized by a qualified attorney before any party signs or acts upon it.