superior court order in favor of ironridge global iv, ltd

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Order Enforcing Prior Order for Approval of Stipulation for Settlement of Claims entered by the Superior Court of the State of California in Ironridge Global IV, Ltd. v. ScripsAmerica, Inc., Case No. BC524230

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    /-----.. , ,,

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    FILED .. Super.ior Court of Cahfom~J County of Los Angeles

    WAY 0 6 2014 She. rri ~4;;~fficer/Cierk

    . . / Deputy sy . ason

    SUPERIOR COURT OF THE STATE OF CALIFORNIA

    FOR THE COUNTY OF LOS ANGELES

    CENTRAL DISTRICT

    IRONRIDGE GLOBAL IV, LTD., Case No.: BC524230

    Plaintiff, Assigned for All Purposes to: Han. RolfM. Treu

    v.

    15 SCRIPSAMERICA, INC.,

    [PROPOSiiJBj ORDER ENFORCING PIDoR ORDER FOR APPROVAL OF STIPULATION FOR SETTLEMENT OF CLAIMS

    16 Defendant.

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    Date: May 6, 2014 Time: 8:30a.m. Dept: 58 Trial Date: None

    The Ex Parte Application for an Order Enforcing Prior Order for Approval of Stipulation

    for Settlement of Claims ("Application"), filed by Plaintiffironridge Global IV, Ltd. ("Plaintiff") and against Defendant ScripsAmerica, Inc., ("Defendant"), came on for hearing on May 6, 2014 at 8:30 am in Department 58 of the above-entitled court, the Honorable Rolf M. Treu., Judge

    presiding. Plaintiff appeared by counsel Mark A. Vega of Incite Law Group, Inc. and Defendant

    appeared by counsel Carlos Needham of the Law Office of Carlos Needham.

    The Court having considered the Application and supporting papers, the prior order of this

    Court dated November 8, 2013 approving the settlement of the matter ("Prior Order"), the oral arguments of counsel, and good cause appearing therefor,

    I [PROPOSED] ORDER FOR ORDER ENFORCING PRIOR ORDER FOR APPROVAL OF STIPULATION FOR

    SETILEMENT OF CLAIMS

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    IT IS HEREBY ORDERED AS FOLLOWS:

    1. The Prior Order, including the stipulated settlement agreement of the parties

    3 ("Stipulation") attached hereto as Exhibit A and incorporated herein by reference, remains in full 4 force and effect;

    5 2. This Court has the jurisdiction to entertain the current application seeking ex parte 6 enforcement of the settlement pursuant to Cal. Code Civ. Proc. Section 664.6 as specified in

    7 paragraph three (3) of the Prior Order; 8 3. Defendant, its officers and directors including CEO and Director, Robert

    9 Sch_neiqerman @d CFOJeffrey J. Andrews, its attorney Carlos Needham and law firm The Law

    10 Office of Carlos E. Needham and Defendant's stock transfer agent shall, within 24 hours of the

    11 issuance of this order take all steps necessary to issue for the benefit of Plaintiff 1,646,008 shares

    12 of Defendant's common stock in accordance with the Prior Order and currently owed to and

    13 requested by Plaintiff.

    14 4. Defendant, its officers and directors including CEO and Director, Robert

    15 Schneiderman and CFO Jeffrey J. Andrews, its attorney Carlos Needham and law firm The Law

    16 Office of Carlos E. Needham and Defendant's stock transfer agent are hereby restrained and

    17 enjoined from issuing or transferring any shares to any other person or entity until Defendant is in 18 complete compliance with this Order.

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    5. Plaintiff shall submit a declaration setting forth the amount of attorney fees, costs

    and expenses incurred in pursuing enforcement of the settlement through the ex parte motion and

    Defendant~ ordered to pay same pursuant to paragraphl8 of the Stipulation. 6. The Calculation Period has not yet completed thus there may be future Additional

    Issuance required under the Stipulation. Thus, this Court shall retain jurisdictio terms of this Order by an application or motion under California Code of

    664.6.

    IT IS SO ORDERED. DATED: May _L. 2014

    2 [PROPOSED] ORDER FOR ORDER ENFORCING PRIOR ORDER FOR AP

    SETTLEMENT OF CLAIMS VAL OF STIPULATION FOR