0000950144-08-005246 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • July 2nd, 2008 • Woodbridge Holdings Corp (Formerly Levitt Corp) • General bldg contractors - residential bldgs

This Settlement Agreement, dated June 27, 2008 (this “Agreement”), is by and among Levitt and Sons, LLC (“LAS”) and each of its affiliates who are jointly administered debtors in the Chapter 11 Case (as defined below) (collectively, the “Debtors”),1 the Joint Committee of Unsecured Creditors appointed in this Chapter 11 Case (the “Committee”) and Woodbridge Holdings Corporation, f/k/a Levitt Corporation (“Woodbridge”).

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