SETTLEMENT AGREEMENTSettlement Agreement • April 28th, 2023 • First Foundation Inc. • State commercial banks • Delaware
Contract Type FiledApril 28th, 2023 Company Industry JurisdictionThis Settlement Agreement (this “Agreement”), effective as of April 25, 2023 (the “Effective Date”), by and between Driver Opportunity Partners I LP, Driver Management Company LLC, and J. Abbott R. Cooper (collectively, “Driver”), and First Foundation, Inc. (“First Foundation” or the “Company”) and certain of its current and former directors and officers, namely, Max Briggs, John Hakopian, Scott F. Kavanaugh, Ulrich E. Keller, Jr., David G. Lake, Jacob Sonenshine, Diane M. Rubin, Mitchell M. Rosenberg, Elizabeth Pagliarini, Gary L. Tice (the “Director Defendants”), Christopher Naghibi and Catharine Kelly Rentzel (the “Officer Defendants”). The Company, the Director Defendants, and the Officer Defendants are collectively referred to as the “Defendants.” Each of Driver and each of the Defendants alone is referred to as a “Party,” and they are together referred to as the “Parties.”
SETTLEMENT AGREEMENTSettlement Agreement • April 27th, 2023 • Delaware
Contract Type FiledApril 27th, 2023 JurisdictionThis Settlement Agreement (this “Agreement”), effective as of April 25, 2023 (the “Effective Date”), by and between Driver Opportunity Partners I LP, Driver Management Company LLC, and J. Abbott R. Cooper (collectively, “Driver”), and First Foundation, Inc. (“First Foundation” or the “Company”) and certain of its current and former directors and officers, namely, Max Briggs, John Hakopian, Scott F. Kavanaugh, Ulrich E. Keller, Jr., David G. Lake, Jacob Sonenshine, Diane M. Rubin, Mitchell M. Rosenberg, Elizabeth Pagliarini, Gary L. Tice (the “Director Defendants”), Christopher Naghibi and Catharine Kelly Rentzel (the “Officer Defendants”). The Company, the Director Defendants, and the Officer Defendants are collectively referred to as the “Defendants.” Each of Driver and each of the Defendants alone is referred to as a “Party,” and they are together referred to as the “Parties.”