Common Contracts

SETTLEMENT AGREEMENT AND RELEASE

Settlement Agreement and Release • May 14th, 2024 • New Jersey

• Contract Type
  Settlement Agreement and Release
• Filed
  May 14th, 2024
• Jurisdiction
  New Jersey

This Settlement Agreement and Release (“Settlement Agreement”) is made by and between Borough of Carteret, County of Hudson, Levittown Union Free School District, Neshannock Township School District, Santa Ynez Valley Union High School District, State-Operated School District of the City of Newark, and City of Fremont (each a “Plaintiff,” and collectively, “Plaintiffs”), on behalf of themselves and the putative class (the “Class” or “Settlement Class” as defined below), and FieldTurf USA, Inc., FieldTurf Inc., FieldTurf Tarkett SAS, and Tarkett Inc. (collectively, “FieldTurf” or “Defendants”) in In re FieldTurf Artificial Turf Marketing and Sales Practices Litigation, 3:17-md-02779-MAS-TJB (D.N.J.). Each of the Plaintiffs and Defendants are referred to individually as a “Party” and collectively as the “Parties.” The terms of the Settlement Agreement as laid out below are referred to collectively as the “Settlement.” This Settlement Agreement is entered into as of the date of the last s