SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • October 16th, 2019
Contract Type FiledOctober 16th, 2019This Settlement Agreement and Release (the “Agreement” or “Settlement”) is made by and between plaintiff Kelley Hendrickson (“Plaintiff”), on behalf of herself and the Settlement Class Members (as defined below), on the one hand, and Defendants Fifth Third Bank (“Fifth Third Bank”) and 11th Hour Recovery, Inc. (“11th Hour” and together, with Fifth Third Bank, the “Defendants”) on the other hand (collectively, the “Parties”). The Parties hereby stipulate and agree that, in consideration of the promises and covenants set forth in this Agreement and upon entry by the Court of a Final Approval Order (as defined below), all claims of the Plaintiff and the Settlement Class Members in the action entitled Kelley Hendrickson, et. al. v. Fifth Third Bank et al., U.S. District Court, District of Minnesota, Case No. 18-cv-00086 (WMW/TNL) (the “Action”) shall be fully, finally, and forever settled, compromised and released upon the terms and conditions contained herein.