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Agenda - 03-07-2023; 8-k - Opioid Litigation Supplemental Agreement for Additional Funds
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Agenda - 03-07-2023; 8-k - Opioid Litigation Supplemental Agreement for Additional Funds
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3/7/2023
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Agenda for March 7, 2023 BOCC Meeting
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4 <br /> III. APPLICATION OF THE MOA TO ADDITIONAL SETTLEMENTS <br /> AND FUNDS <br /> The MOA, which is incorporated herein by reference, governs Additional <br /> Settlements and Additional Funds in every respect, except as set forth hereinbelow. <br /> In the event of any conflict between the MOA and this SAAF, with respect to <br /> Additional Settlements and Additional Funds, the provisions of this SAAF shall <br /> take precedence. <br /> A. Definitions. <br /> 1. The definitions used in the MOA are incorporated by reference into <br /> this SAAF. <br /> 2. "Additional Funds" shall mean all funds allocated by the Additional <br /> Settlements to the State or Local Governments for purposes of opioid <br /> remediation activities, as well as any repayment of those funds and <br /> any interest or investment earnings that may accrue as those funds <br /> are temporarily held before being expended on opioid remediation <br /> strategies. Not included are funds made available in Additional <br /> Settlements for the payment of the Parties' litigation expenses or the <br /> reimbursement of the United States Government. <br /> 3. "Additional Settlements" means a national opioid settlement <br /> agreement with the Parties and one or more of the Additional Settling <br /> Defendants concerning alleged misconduct in manufacture, marketing, <br /> promotion, distribution, or dispensing of an opioid analgesic. <br /> 4. "Additional Settling Defendants" means the defendants listed in <br /> section II.B of this SAAF. <br /> 5. "Local Counsel" means legal counsel and law firms who have a <br /> principal office in North Carolina and represented one or more North <br /> Carolina counties and municipalities in litigation against one or more <br /> Additional Settling Defendant concerning opioids. <br /> 6. "National Counsel" means legal counsel and law firms who have a <br /> principal office outside of North Carolina and represented various <br /> North Carolina counties and municipalities in litigation against one or <br /> more Settling Defendant or Additional Settling Defendant concerning <br /> opioids. <br /> 7. "Required Local Governments" means all North Carolina counties and <br /> municipalities that have filed litigation against any of the Settling <br /> Defendants or Additional Settling Defendants. <br /> 2 <br />
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