0000930413-16-006101 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • March 22nd, 2016 • Pico Holdings Inc /New • Real estate • California

This AGREEMENT, dated as of March 22, 2016 (this “Agreement”), is made and entered into by PICO Holdings, Inc., a California corporation (the “Company”), and each of the other persons set forth on the signature page hereto (each, an “Investor” and collectively, the “Investors” or “Investor Group”);

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