Common Contracts

4 similar Settlement Agreement contracts

Contract
Settlement Agreement • November 1st, 2019 • Ontario

TOKIN Corporation and NEC TOKIN America, Inc. (the “Settling Defendants”) executed May 30, 2018 attached to this Order as Schedule “A”, along with a Confidential Addendum to that settlement agreement handed up to the Court at the hearing of the application (together, the “Settlement Agreement”), and on hearing the submissions of counsel for the parties:

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ELECTROLYTIC CAPACITORS CLASS ACTION NATIONAL SETTLEMENT AGREEMENT
Settlement Agreement • May 28th, 2018 • Ontario

NOW THEREFORE, in consideration of the covenants, agreements and releases set forth and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, it is agreed by the Parties that the BC Action and the Ontario Action be settled and dismissed with prejudice as to the Settling Defendants who are named as Defendants only, without costs as to the Plaintiffs, the classes they represent or seek to represent or the Releasees, and that the Québec Action shall be settled out of court without costs, subject to the approval of the Courts, on the following terms and conditions:

ELECTROLYTIC CAPACITORS CLASS ACTION NATIONAL SETTLEMENT AGREEMENT
Settlement Agreement • May 28th, 2018 • Ontario

NOW THEREFORE, in consideration of the covenants, agreements and releases set forth and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, it is agreed by the Parties that the BC Action and the Ontario Action be settled and dismissed with prejudice as to the Settling Defendants who are named as Defendants only, without costs as to the Plaintiffs, the classes they represent or seek to represent or the Releasees, and that the Québec Action shall be settled out of court without costs, subject to the approval of the Courts, on the following terms and conditions:

ELECTROLYTIC CAPACITORS CLASS ACTION NATIONAL SETTLEMENT AGREEMENT
Settlement Agreement • May 28th, 2018 • Ontario

NOW THEREFORE, in consideration of the covenants, agreements and releases set forth and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged, it is agreed by the Parties that the BC Action and the Ontario Action be settled and dismissed with prejudice as to the Settling Defendants who are named as Defendants only, without costs as to the Plaintiffs, the classes they represent or seek to represent or the Releasees, and that the Québec Action shall be settled out of court without costs, subject to the approval of the Courts, on the following terms and conditions:

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