Common Contracts

1 similar Shareholders Agreement contracts

UAW RETIREE SETTLEMENT AGREEMENT
Shareholders Agreement • May 5th, 2020 • New York

This settlement agreement, dated [INSERT DATE] (together with the Exhibits hereto, the "Settlement Agreement"), is between New Carco Acquisition LLC ("Newco"), by and through its attorneys, and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America ("UAW"), by and through its attorneys. The UAW also enters into this Settlement Agreement as the authorized representative, as defined in Section 11 14(c)(1) of Title II of the United States Code (the "Bankruptcy Code"), of those persons receiving retiree benefits, as defined in Section 11 14(a) of the Bankruptcy Code, pursuant to collectively bargained plans, programs and/or agreements between Newco and the UAW and who are members of the Class or the Covered Group, as those terms are defined herein. Collectively, the UAW, Newco, the Class, and the Covered Group are referred to as the "Parties."

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