Common Contracts

EXHIBIT A

Settlement Agreement and Release • March 19th, 2018 • New York

• Contract Type
  Settlement Agreement and Release
• Filed
  March 19th, 2018
• Jurisdiction
  New York

This Settlement Agreement and Release (“Agreement” or “Settlement”) is made by, between and among: (1) Plaintiffs Josefina Valle and Wilfredo Valle (“Plaintiffs”), on behalf of themselves and the Settlement Class (as defined below); and Popular Community Bank f/k/a Banco Popular North America a/k/a Banco Popular North America (“BPNA” or “Defendant”). BPNA, Settlement Class Counsel (as defined below), and Plaintiffs hereby stipulate and agree that, in consideration of the promises and covenants set forth in this Agreement and upon entry by the Court (as defined below) of a Final Approval Order (as defined below), all claims of Plaintiffs and the Settlement Class Members (as defined below) against BPNA in the case styled Valle v. Popular Community Bank, Index No. 653936/2012 (N.Y. Sup.) (“Action”), shall be settled, compromised, and released upon the terms and conditions contained herein.