Contract analysis

TERM SHEET — MEDIATED SETTLEMENT CONFIDENTIAL SETTLEMENT DOCUMENT Executed at the Conclusion of Mediation Conducted December 4–5, 2023 VERIMARK HOSPITALITY GROUP INC., Plaintiff, v. IRONCLAD INDEMNITY CORPORATION; PINNACLE SURPLUS LINES INC.; MONTCLAIR ASSURANCE COMPANY; and SOVEREIGN RE LTD., Defendants. Case No. 2022-CA-031547 Eleventh Judicial Circuit of Florida, Miami-Dade County Before the Honorable Catherine Em