SETTLEMENT AGREEMENTSettlement Agreement • June 1st, 2006 • Quixote Corp • Plastics products, nec • California
THIS SETTLEMENT AGREEMENT is made and entered into on May 30, 2006, by and among U.S. Traffic Corporation, a Delaware corporation, f/k/a Green Light Acquisition Company (“USTC”), and Quixote Corporation, a Delaware corporation (“Quixote”), as first parties, Myers America, Inc., a Delaware corporation, f/k/a U.S. Traffic Corporation (“MA”), Myers Power Products, Inc., a Delaware corporation (“MPP”) and Myers/Nuart Electrical Products, Inc., a Delaware corporation (“NuArt”), as second parties, and Raymond International W.L.L., a Bahrain corporation (“RIWLL”), Raymond Overseas Holding Limited, a Jersey (Channel Islands) corporation (“ROHL”) and Basil Vasiliou (“Vasiliou,” and collectively with RIWLL and ROHL, the “Guarantors”), as third parties. All of the foregoing parties are sometimes referred to herein collectively as the “Parties”.
