Insurer Settlement Agreement Sample Contracts

EX-10.5 6 x10-5.htm GLOBAL CLAIMS RELEASE AND INSURER SETTLEMENT AGREEMENT GLOBAL CLAIMS RELEASE AND INSURER SETTLEMENT AGREEMENT
Insurer Settlement Agreement • May 5th, 2020 • Delaware

THIS GLOBAL CLAIMS RELEASE AND INSURER SETTLEMENT AGREEMENT (hereinafter, the “Agreement”) is made, effective as of the latest date written at the end hereof, between John Rudey, Aubrey L. Cole, George R. Hornig, Robert F. Wright, Alan B. Abramson and William A. Wyman (hereinafter, collectively, the “Insured Individuals”), U.S. Timberlands Klamath Falls, LLC n/k/a Inland Fiber Group, L.L.C. (“Klamath” or “the Company”), U.S. Timberlands Finance Corp. n/k/a Fiber Finance Corp. (“FFC”), U.S. Timberlands Yakima, LLC n/k/a American Forest Resources, L.L.C. (“Yakima”), and U.S. Timberlands Services Company, LLC n/k/a Timber Resource Services, LLC (hereinafter, collectively, the “Insured Entities”), and AIG Domestic Claims, Inc., on behalf of American International Specialty Lines Insurance Company (hereinafter, “AISLIC”) and The Travelers Indemnity Company, as successor in interest by merger to Gulf Insurance Company (hereinafter, “Gulf”). (Gulf and AISLIC are collectively referred to herei

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