January 16, 2007 Mr. Paul M. Isabella P.O. Box 8967 The Woodlands, Texas 77387Severance Agreement • February 21st, 2007 • Cooper Industries LTD • Electric lighting & wiring equipment
PLAN B SETTLEMENT AGREEMENT DATED AS OF SEPTEMBER 18, 2006Settlement Agreement • February 21st, 2007 • Cooper Industries LTD • Electric lighting & wiring equipment • Delaware
This PLAN B SETTLEMENT AGREEMENT (this “Agreement”) is made as of September 18, 2006 (the “Execution Date”), by and among Cooper Industries, Ltd., a Bermuda company (“Cooper Ltd”), Cooper Industries, LLC, a Delaware limited liability company (“Cooper LLC”, and together with Cooper Ltd, “Cooper”), PCT International Holdings Inc., a Delaware corporation (“PCT”), Pneumo Abex LLC, a Delaware limited liability company (“Pneumo Abex” and together with PCT and Cooper, the “Pneumo Parties”), Federal-Mogul Corporation, a Michigan corporation (“FMC”), Federal-Mogul Products, Inc., a Missouri corporation (“FMP” and together with FMC, the “FM Parties”), the Future Claimants Representative for FMC and FMP appointed in the Reorganization Cases (the “FCR”), and the Official Committee of Asbestos Claimants for FMC and FMP appointed in the Reorganization Cases (the “ACC”). Capitalized terms used herein are defined in Article I below.
