Common Contracts

SETTLEMENT AGREEMENT

Settlement Agreement • September 1st, 2010 • New York

• Contract Type
  Settlement Agreement
• Filed
  September 1st, 2010
• Jurisdiction
  New York

This SETTLEMENT AGREEMENT (this “Agreement”) is made as of this day of September 2010, by and among Lehman Brothers Holdings Inc., a Delaware corporation (“LBHI”), Lehman Brothers Special Financing Inc., a Delaware corporation and a subsidiary of LBHI (“LBSF”), Lehman Brothers Commodity Services, Inc., a New York corporation and a subsidiary of LBHI (“LBCS”), Lehman Brothers Commercial Paper Inc., a New York corporation and a subsidiary of LBHI (“LCPI”), Luxembourg Residential Properties Loan Finance, SARL, a Luxembourg corporation and subsidiary of LBHI (“Luxembourg” and, collectively with LBHI, LBSF, LBCS, and LCPI, the “Debtors”), Lehman Brothers Bancorp Inc., a Delaware corporation and subsidiary of LBHI (“Bancorp” and, collectively, with the Debtors, the “Lehman Entities”), and Woodlands Commercial Bank (f/k/a Lehman Brothers Commercial Bank), a Utah industrial bank and an indirect subsidiary of LBHI (“Woodlands”) (all of the foregoing collectively referred to as the “Parties” or