Common Contracts

SETTLEMENT AGREEMENT

Settlement Agreement • May 16th, 2018 • Ontario

• Contract Type
  Settlement Agreement
• Filed
  May 16th, 2018
• Jurisdiction
  Ontario

This Settlement Agreement is made and entered into this 17th day of May, 2018, by, and among the Plaintiffs in the Actions (as defined below) on behalf of themselves and in their capacity as designated representatives of the Class (as defined below), by and through their counsel, and Toyota Canada Inc., (hereinafter “Toyota”) by and through their counsel providing for the settlement of all claims in Canada (including the Territories) arising from, without limitation, the design, manufacture, marketing, sale and distribution of certain Toyota vehicles that allegedly lack adequate rust protection on the vehicles’ frames, allegedly resulting in premature rust corrosion;