DOW CORNING SETTLEMENT OPTION REGARDINGDow Corning Settlement Option Regarding • March 9th, 1999 • Michigan
Contract Type FiledMarch 9th, 1999 JurisdictionThis Settlement Option (“Settlement Option” or “Agreement”), as defined below, is the final settlement agreement made by and between Certain Australian Claimants, as defined below, Certain Australian Counsel, as defined below, on their own behalf and in their capacity as legal representatives of Certain Australian Claimants, and Dow Corning Corporation, Dow Corning Wright, Dow Corning Australia Pty. Ltd., Dow Corning New Zealand, Ltd., and their predecessors, successors, subsidiaries and assigns (collectively referred to herein as “Dow Corning”), providing for the settlement of the Dow Corning Breast Implant Claims and Dow Corning Raw Material Breast Implant Claims, both as defined below, of Certain Australian Claimants, other Australian Dow Corning Breast Implant Users and Australian POC Raw Material Breast Implant Claimants, both as defined below, subject to the effectiveness of the Confirmed Plan of Reorganization, as defined below. (For purposes of this Agreement, any term used her