SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • July 19th, 2007 • Delta Woodside Industries Inc /Sc/ • Broadwoven fabric mills, cotton • Delaware
This Settlement Agreement and Release (hereinafter, the “Agreement”) is made and entered into by and between the above-captioned debtors and debtors-in-possession (the “Debtors”) and the Official Committee of Unsecured Creditors appointed in the Debtors’ cases (the “Committee”) on the one hand, and William F. Garrett, William H. Hardman, Jr., and Donald C. Walker (collectively, the “Executives”) on the other hand.
