SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • August 13th, 2013 • Empire Resorts Inc • Retail-eating & drinking places • New York
THIS SETTLEMENT AGREEMENT AND RELEASE, dated as of the 12th day of June, 2013 (the “Agreement and Release”), is entered into by and between Stanley Stephen Tollman (“Tollman”) and Bryanston Group, Inc., a corporation organized under the laws of the State of Georgia, its parents, subsidiaries, divisions and affiliates (“Bryanston” and, together with Tollman, “Plaintiffs”), Empire Resorts, Inc., a corporation organized under the laws of the State of Delaware, its parents, subsidiaries, divisions and affiliates (“Empire”), Kien Huat Realty III Ltd., a corporation organized under the laws of the Isle of Man, its parents, subsidiaries, divisions and affiliates (“Kien Huat”), and Colin Au Fook Yew and Joseph D’Amato (Messrs. Au and D’Amato, collectively the “Individual Defendants” and, together with Empire and Kien Huat, “Defendants”). Plaintiffs and Defendants are collectively referred to herein as the “Parties.”
