SETTLEMENT AGREEMENT AND RELEASESettlement Agreement and Release • October 3rd, 2017 • Cadiz Inc • Water supply • New York
This Settlement Agreement and Release (“Agreement”) is made, entered into and effective October 2, 2017 (the “Effective Date”), by and between Cadiz. Inc., a Delaware corporation (“Cadiz Inc.”), Cadiz Real Estate LLC, a Delaware limited liability company (together with Cadiz Inc., “Cadiz”), MSD Credit Opportunity Master Fund, L. P. (“MSD”), Milfam II L.P. (“Milfam”), and WPI-Cadiz Farm CA, LLC (“WPI,” and together with Milfam and MSD, the “Lenders,” and individually, a “Lender”). Cadiz and the Lenders may be referred to herein as the Parties, or individually, a Party.
