Common Contracts

SETTLEMENT AGREEMENT AND RELEASE

Settlement Agreement • February 23rd, 2016 • Florida

• Contract Type
  Settlement Agreement
• Filed
  February 23rd, 2016
• Jurisdiction
  Florida

This Settlement Agreement and Release (“Agreement”) is made and entered into this day of February, 2016, by and among (1) Plaintiff Shane Swift (“Plaintiff” or “Plaintiff Swift”), individually and on behalf of the Settlement Class, and (2) BancorpSouth Bank (“BancorpSouth”), subject to preliminary and final approval as required by Rule 23 of the Federal Rules of Civil Procedure. As provided herein, Plaintiff Swift, Class Counsel and BancorpSouth 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 Order and Judgment, all claims of the Settlement Class against BancorpSouth in the action titled Shane Swift v. BancorpSouth, N.D. Fla. Case No. 1:10- cv-00090-MP-GRJ (the “Action”), shall be settled and compromised upon the terms and conditions contained herein.