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OTHER-2021-052-Settlement Participation Form 1
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OTHER-2021-052-Settlement Participation Form 1
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Last modified
11/19/2021 2:44:37 PM
Creation date
11/19/2021 2:43:29 PM
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Template:
BOCC
Date
11/16/2021
Meeting Type
Business
Document Type
Others
Agenda Item
6-b
Document Relationships
Agenda - 11-16-2021 Virtual Business Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021
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DocuSign Envelope ID : BB82744F-6BC1 -40EC- 8BC6-2E2381041 E7E <br /> Settlement Participation Form <br /> Governmental Entity : ORANGE COUNTY State : NC <br /> Authorized Signatory : Renee A . Price <br /> Address 1 : 300 west Tryon street <br /> Address 2 : <br /> Ci , State, Zi Hi 11 sborough North Carolina 27278 <br /> Phone : 919 - 245 - 2130 <br /> Email : rprice@orangecountync . gov <br /> The governmental entity identified above (" Governmental Entity ") , in order to obtain and in <br /> consideration for the benefits provided to the Governmental Entity pursuant to the Settlement <br /> Agreement dated July 21 , 2021 ("Distributor Settlement") , and acting through the <br /> undersigned authorized official, hereby elects to participate in the Distributor Settlement, <br /> release all Released Claims against all Released Entities , and agrees as follows . <br /> 1 . The Governmental Entity is aware of and has reviewed the Distributor Settlement, <br /> understands that all terms in this Election and Release have the meanings defined <br /> therein, and agrees that by this Election, the Governmental Entity elects to participate in <br /> the Distributor Settlement and become a Participating Subdivision as provided therein . <br /> 2 . The Governmental Entity shall, within 14 days of the Reference Date and prior to the <br /> filing of the Consent Judgment, dismiss with prejudice any Released Claims that it has <br /> filed . <br /> 3 . The Governmental Entity agrees to the terms of the Distributor Settlement <br /> pertaining to Subdivisions as defined therein. <br /> 4 . By agreeing to the terms of the Distributor Settlement and becoming a Releasor, the <br /> Governmental Entity is entitled to the benefits provided therein, including, if applicable , <br /> monetary payments beginning after the Effective Date . <br /> 5 . The Governmental Entity agrees to use any monies it receives through the <br /> Distributor Settlement solely for the purposes provided therein . <br /> 6 . The Governmental Entity submits to the jurisdiction of the court in the Governmental <br /> Entity ' s state where the Consent Judgment is filed for purposes limited to that court ' s role <br /> as provided in, and for resolving disputes to the extent provided in, the Distributor <br /> Settlement, <br /> 7 . The Governmental Entity has the right to enforce the Distributor Settlement as <br /> provided therein . <br /> 0 � <br /> 1 p1 <br />
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