EDWARD M. CHEN, District Judge.
WHEREAS, Plaintiff Vedanti Systems Ltd. ("Vedanti") filed this action against Defendant Max Sound Corporation ("Max Sound") seeking injunctive relief preventing Max Sound from pursuing claims in arbitration against Vedanti.
WHEREAS, the Parties have entered into a written settlement agreement, by which the Parties have settled and disposed of all claims and counterclaims that have or could have been asserted against each other relating to the subject matter of this action.
THEREFORE, PLAINTIFF AND DEFENDANT HEREBY STIPULATE, by and through their respective counsel of record, pursuant to Federal Rules of Civil Procedure 41, to dismiss the above-captioned matter with prejudice. This stipulation and dismissal completely terminates the above-entitled action against all parties. Each party will bear its own attorneys' fees and costs.
Based on the stipulation of the parties, and good cause appearing therefore,
IT IS ORDERED that this action be, and hereby is, DISMISSED WITH PREJUDICE, each side to bear its own costs and attorneys' fees. The Clerk of the Court is directed to vacate all hearings and close the case.