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2 similar Settlement Agreement contracts by Gencorp Inc

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Settlement Agreement • May 5th, 2020

EX-10.53 4 f54563exv10w53.htm EX-10.53 Exhibit 10.53 MODIFICATION NO. 1 TO THE 29 NOVEMBER 1992 SETTLEMENT AGREEMENT BETWEEN THE UNITED STATES AND AEROJET-GENERAL CORPORATION The United States of America (the “United States”) and Aerojet-General Corporation (“Aerojet”) hereby enter into this agreement (“the Modification”) to modify the 1992 Settlement Agreement. This modification shall become effective as provided in Section 2.15 of this Modification. The United States and Aerojet may be individually referred to as a “Party” or collectively referred to as “the Parties”. WHEREAS, the Parties entered into the 1992 Settlement Agreement to avoid litigation and to compromise and settle claims respecting Site Restoration Costs (as defined in Section 2.10 of the 1992 Settlement Agreement); WHEREAS, certain remedial action costs which Aerojet has or will incur in connection with perchlorate at the Aerojet Sacramento Site were specifically excluded from the definition of Site Restoration Costs

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MODIFICATION NO. 1 TO THE 29 NOVEMBER 1992 SETTLEMENT AGREEMENT BETWEEN THE UNITED STATES AND AEROJET-GENERAL CORPORATION
Settlement Agreement • February 4th, 2010 • Gencorp Inc • Fabricated rubber products, nec

Whereas, on September 25, 1990, Defendants Aerojet-General Corporation (“Aerojet”) and Cordova Chemical Company (collectively, the “Defendants”) filed the Counterclaim of Aerojet General Corporation and Cordova Chemical Company Against the United States of America and Demand For Jury Trial (the “Counterclaim”) against Plaintiff United States of American (“United States”) in these consolidated actions.

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