Common use of Requirements for Becoming a Participating Subdivision Clause in Contracts

Requirements for Becoming a Participating Subdivision. Non-Litigating Subdivisions. A Non-Litigating Subdivision in a Settling State that is listed on Exhibit G may become a Participating Subdivision by returning an executed Subdivision Settlement Participation Form specifying (1) that the Subdivision agrees to the terms of this Agreement pertaining to Subdivisions, (2) that the Subdivision releases all Released Claims against all Released Entities, (3) that the Subdivision agrees to use monies it receives, if any, from the Settlement Fund pursuant to the applicable requirements of Section VI, and (4) that the Subdivision submits to the jurisdiction of the court where the Consent Judgment is filed for purposes limited to that court’s role under the Agreement. The required Subdivision Settlement Participation Form is attached as Exhibit K.