SETTLEMENT AGREEMENT AND RELEASE OF CLAIMSSettlement Agreement • October 22nd, 2024 • California
Contract Type FiledOctober 22nd, 2024 JurisdictionThis Settlement Agreement and Release of Claims (the “Agreement”) is made and entered into between (1) the California State Lands Commission (“CSLC”) for itself and ex rel. the State of California, and Aspen American Insurance Company, through its appointed claims manager and attorney-in-fact, United States Fire Insurance Company (“Aspen”) (collectively, “Plaintiffs”), and (2) Plains Pipeline, L.P., Plains All American Pipeline, L.P., Plains GP Holdings, L.P., Plains AAP, L.P., Plains All American GP LLC, and PAA GP LLC (collectively, “Defendants” or “Plains”). Plaintiffs and Defendants are referred to herein individually as a “Party” and collectively as the “Parties.”