MEMORANDUM OF UNDERSTANDING FOR SETTLEMENTMemorandum of Understanding for Settlement • December 8th, 2009 • Maxxam Inc • Forestry
Contract Type FiledDecember 8th, 2009 Company IndustryThis Memorandum of Understanding for Settlement (“Memorandum”) is entered into as of December 4, 2009, by and among the parties to the action captioned In re MAXXAM Inc. Shareholders Litigation, Consol. C.A. No. 4893-VCP (the “Action”), pending before the Court of Chancery of the State of Delaware (the “Court”).