ContractSettlement Agreement Reserve Settlement Agreement • May 5th, 2020 • Delaware
EX-10.1 2 mm06-0115_8ke101.htm EX.10.1 - RESERVE SETTLEMENT AGREEMENT EXHIBIT 10.1 Execution Copy RESERVE SETTLEMENT AGREEMENT RESERVE SETTLEMENT AGREEMENT (the “Agreement”), dated as of May 26, 2015, by and among (a) WMI Liquidating Trust (“WMILT”), (b) Thomas W. Casey, Stephen J. Rotella, David C. Schneider and Robert J. Williams, Jr. (collectively, the “Appellants”) and (c) AXIS Reinsurance Company, Continental Casualty Company, Those Certain Underwriters at Lloyd’s, London and London Companies, Subscribing to Policy Number 509QA015507, and XL Specialty Insurance Company (the “Insurer Parties”). The signatories hereto are referred to hereinafter collectively as the “Parties” or individually as a “Party”. RECITALS1 A. On September 26, 2008, each of the Debtors filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code. B. Pursuant to the Confirmation Order, the Bankruptcy Court confirmed the Debtors’ Seventh Amended Plan. On March 19, 2012, the Seventh Amended Plan
