ContractSettlement Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020<DOCUMENT> <TYPE>EX-10 <SEQUENCE>3 <FILENAME>lloyd.txt <TEXT> CONFIDENTIAL SETTLEMENT AGREEMENT AND RELEASE This Confidential Settlement Agreement and Release (hereinafter the "Agreement") is made this 8th day of October, 2001 (the "Effective Date"), by and between members of the 216 Paterson Plank Road Cooperating PRP Group identified on attached Exhibit 1 (hereinafter referred to as "Cooperating PRP Group"), Transtech Industries, Inc. (hereinafter referred to as "Transtech") and certain Underwriters at Lloyd's, London, and certain London Market Insurance Companies (hereinafter referred to as the "London Market Insurers")(the aforementioned parties being referred to hereinafter collectively as the "Parties"). WITNESSETH THAT: WHEREAS, London Market Insurers severally subscribed to certain insurance policies issued to Transtech (the Subject Insurance Policies as defined below); and, WHEREAS, Transtech assigned to the Cooperating PRP Group its claims for coverage with respect to environ