[sheet: Closing Checklist]

Item No.	Category	Description of Deliverable / Action	Responsible Party	Responsible Attorney	Due Date	Status	Date Completed	Notes / Cross-References
1	I. Settlement Agreement and Exhibits	Standstill and Settlement Agreement – Execution Version (among Cascade Retail Holdings Inc., Priya Rathore, Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, Kira Johansson, and Verdana Commerce Group, Inc.)	All Parties	B. Crawford / C. Nygaard / G. Blackhall	April 14, 2025	Final	Governed by Delaware law; 10 signatories required; see Signature Page Tracker
2	I. Settlement Agreement and Exhibits	Exhibit A – Modified Restrictive Covenant Terms	Calderwood & Harkness LLP	J. Underwood	April 14, 2025	Final	Rathore: 12-month non-compete through Feb 6, 2026 (home goods, seasonal décor, private-label apparel); Other 7: 9-month non-competes through Nov 6, 2025; 18-month employee non-solicitation (all 8) through Aug 6, 2026; 12-month vendor non-solicitation (top 50 vendors) through Feb 6, 2026
3	I. Settlement Agreement and Exhibits	Exhibit B – Data Return and Destruction Protocol	Calderwood & Harkness LLP / Blackhall & Soren LLP	J. Underwood / M. Lau	April 14, 2025	Final	Return/destruction of 14,327 exfiltrated files (~2.8 GB) within 10 business days of execution; independent forensic audit by Pinnacle Forensics LLC at Verdana's expense (capped at $175,000)
4	I. Settlement Agreement and Exhibits	Exhibit C – List of Top 50 CRH Vendors (Redacted for Court Filing)	CRH (Theresa Yun-Park)	D. Archer	April 14, 2025	Final	Vendor list by spend; redacted version for filing under seal
5	I. Settlement Agreement and Exhibits	Exhibit D – Form of Compliance Monitor Engagement Letter (Aldwyn Compliance Solutions LLC)	Calderwood & Harkness LLP / Blackhall & Soren LLP	J. Underwood	April 14, 2025	Final	12-month term; total fees $360,000 (Verdana 60%: $216,000; CRH 40%: $144,000)
6	I. Settlement Agreement and Exhibits	Exhibit E – Mutual Non-Disparagement Provisions	Calderwood & Harkness LLP	D. Archer	April 14, 2025	Final	Standard mutual non-disparagement among CRH, Rathore Group, and Verdana
7	II. Monetary Settlement Deliverables	Wire Transfer Instructions – CRH account for receipt of $8,750,000 settlement payment from Verdana	CRH (Theresa Yun-Park)	B. Crawford	April 14, 2025	Pending	Lump-sum payment due within 30 days of execution of Settlement Agreement
8	II. Monetary Settlement Deliverables	Wire Transfer Instructions – CRH account for receipt of $425,000 litigation cost reimbursement from Verdana	CRH (Theresa Yun-Park)	B. Crawford	April 14, 2025	Pending	Per settlement terms; may be combined with Item 7 wire
9	III. Court Filings – Delaware Court of Chancery (C.A. No. 2025-0198-MTZ)	Stipulation of Settlement and [Proposed] Consent Order	All Parties	B. Crawford / C. Nygaard / G. Blackhall	April 14, 2025	Final	Joint filing; attaches execution version of Settlement Agreement
10	III. Court Filings – Delaware Court of Chancery	[Proposed] Consent Order Incorporating Modified Restrictive Covenants	All Parties	J. Underwood	April 14, 2025	Final	For signature by Vice Chancellor Margaret T. Zhao; retains Court jurisdiction for enforcement
11	III. Court Filings – Delaware Court of Chancery	Joint Letter to Vice Chancellor Zhao re: Proposed Consent Order	Calderwood & Harkness LLP / WND / Blackhall & Soren LLP	B. Crawford	April 14, 2025	Final	Cover letter transmitting Stipulation and Proposed Consent Order
12	III. Court Filings – Delaware Court of Chancery	Motion to Dissolve Temporary Restraining Order Upon Entry of Consent Order	Calderwood & Harkness LLP	J. Underwood	April 14, 2025	Final	TRO originally granted March 7, 2025; Consent Order supersedes TRO restraints
13	III. Court Filings – Delaware Court of Chancery	Stipulation for Dismissal with Prejudice (Contingent on Compliance)	All Parties	J. Underwood	April 14, 2025	Final	To be filed at conclusion of 12-month compliance monitor period; contingent on full compliance with Consent Order and Settlement Agreement
14	IV. Injunction Bond Release	Letter to Broadview Surety Corp. Requesting Discharge of Injunction Bond No. BSC-2025-TRO-04419 ($2,500,000)	Calderwood & Harkness LLP	D. Archer	April 14, 2025	Draft	Broadview Surety Corp., 175 Water Street, Suite 2400, New York, NY 10038; bond posted March 7, 2025; discharge upon entry of Consent Order dissolving TRO
15	V. Equity Clawback and Forfeiture	Letter to Northland Trust Company re: Cancellation of Unvested RSU Awards – Priya Rathore and Seven Other Former Employees	Calderwood & Harkness LLP (on behalf of CRH)	D. Archer	April 14, 2025	Final	Northland Trust Company, 55 Water Street, New York, NY 10041; Rathore forfeiture: $362,500 ($181,250 unvested + $181,250 clawback of final vested tranche); aggregate other seven: $487,000; total equity forfeitures: $849,500
16	V. Equity Clawback and Forfeiture	Letter to CRH Compensation Committee re: Equity Clawback and Forfeiture Summary	Calderwood & Harkness LLP	B. Crawford	April 10, 2025	Complete	April 10, 2025	Summarizes all equity forfeitures under Settlement Agreement
17	V. Equity Clawback and Forfeiture	Draft Board Resolution – Ratification of Equity Forfeiture and Settlement Terms	Calderwood & Harkness LLP / CRH (Theresa Yun-Park)	B. Crawford	April 14, 2025	Final	For consideration by CRH Board of Directors; ratifies $8,750,000 payment, $849,500 equity forfeitures, $425,000 fee reimbursement (total recovery $10,024,500), and authorization to execute Settlement Agreement
18	VI. Compliance Monitor	Compliance Monitor Engagement Letter – Execution Version (Aldwyn Compliance Solutions LLC, 1700 Market Street, Suite 2800, Philadelphia, PA 19103)	CRH / Verdana / Aldwyn	J. Underwood	April 14, 2025	Final	12-month term; quarterly verification of modified non-compete, non-solicitation, and data-destruction compliance; $360,000 total (VCG 60%: $216,000; CRH 40%: $144,000)
19	VI. Compliance Monitor	Letter Agreement Among CRH, Verdana, and Aldwyn re: Information-Sharing and Access for Monitor	CRH / Verdana / Aldwyn	J. Underwood	April 14, 2025	Final	Framework for information sharing, access to records, and cooperation during 12-month monitoring period
20	VI. Compliance Monitor	Compliance Monitoring Protocol – Detailed Procedures Annex	Calderwood & Harkness LLP / Blackhall & Soren LLP	J. Underwood	April 11, 2025	Complete	April 11, 2025	Quarterly reporting, document review, employee interview protocols, escalation procedures
21	VII. Forensic Audit Deliverables	Confirmation of Pinnacle Forensics LLC Engagement for Independent Forensic Audit of Verdana Systems	Calderwood & Harkness LLP / Pinnacle Forensics LLC (Dr. Rajiv Anand)	D. Archer	April 14, 2025	Pending	Pinnacle Forensics LLC, 8700 Georgia Avenue, Suite 300, Silver Spring, MD 20910; audit at Verdana's expense, capped at $175,000; to commence within 10 business days after execution
22	VIII. Corporate Governance and Regulatory Notifications	Memorandum to CRH Board of Directors re: Settlement Summary and Recommendation	Calderwood & Harkness LLP	B. Crawford	April 10, 2025	Complete	April 10, 2025	Total economic recovery: $10,024,500 ($8,750,000 cash + $849,500 equity forfeitures + $425,000 fee reimbursement); recommends board approval
23	VIII. Corporate Governance and Regulatory Notifications	Letter to CRH Board Audit Committee (Dr. Lorraine Stahl, Chair) re: Updated Litigation Contingency	Calderwood & Harkness LLP	B. Crawford	April 14, 2025	Draft	Updates prior March 4, 2025 notification; original Q1 2025 accrual of $3,500,000 to be revised post-settlement
24	VIII. Corporate Governance and Regulatory Notifications	Memorandum re: SEC Disclosure Considerations – Material Litigation Settlement (8-K / 10-Q Analysis)	Calderwood & Harkness LLP	J. Underwood	April 9, 2025	Complete	April 9, 2025	Materiality analysis: $10,024,500 total recovery vs. $6.82 billion revenue / ~$4.1 billion market cap

25	VIII. Corporate Governance and Regulatory Notifications	Draft 8-K Current Report Language re: Settlement of Covenant-Enforcement Litigation	Calderwood & Harkness LLP / CRH (Theresa Yun-Park)	J. Underwood	April 11, 2025	Under Review	Describes settlement of C.A. No. 2025-0198-MTZ, $8,750,000 payment, Consent Order entry
26	VIII. Corporate Governance and Regulatory Notifications	Letter to Keypoint National Bank, N.A. re: Material Litigation Reporting Under Section 6.02(c) of Credit Agreement	Calderwood & Harkness LLP (on behalf of CRH)	D. Archer	April 14, 2025	Final	Keypoint National Bank, N.A., 1111 Second Avenue, Seattle, WA 98101; admin agent under $750 million revolving credit facility; confirms settlement resolution and no continuing material adverse effect
27	IX. Data Return and Destruction	Delivery of data return/destruction certification instructions to all eight former employees and Verdana	Calderwood & Harkness LLP	D. Archer	April 14, 2025	Pending	Per Exhibit B; all exfiltrated CRH data (14,327 files / ~2.8 GB from Aldermere Systems and Pinnacle Health IT) to be returned or certified destroyed within 10 business days of execution
28	IX. Data Return and Destruction	Confirmation that CRH IT has received or will receive returned data / destruction certifications from each of: Priya Rathore, Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, Kira Johansson	CRH (IT Department / Roland Ashby)	D. Archer	Within 10 business days post-execution	Pending	Includes Project Ridgeline presentations, vendor negotiation term sheets, private-label cost models, customer segmentation data
29	X. Internal Matter Administration	Revised Fee Estimate Memorandum – Confirmation of Final Budget	Calderwood & Harkness LLP (Renata Vasquez)	R. Vasquez	Completed prior	Complete	March 25, 2025	Estimated total: ~$1,850,000 (Crawford ~220 hrs @ $1,350 = $297,000; Vasquez ~180 hrs @ $1,275 = $229,500; Underwood ~640 hrs @ $785 = $502,400; Archer ~820 hrs @ $625 = $512,500; expenses ~$308,600)
30	X. Internal Matter Administration	Closing Index and Signature Page Tracker – Final	Calderwood & Harkness LLP	D. Archer	April 14, 2025	Under Review	Tracks signature status for all closing documents across 10+ signatories
31	X. Internal Matter Administration	Matter Closing Memorandum – Crawford to File	Calderwood & Harkness LLP	B. Crawford	Post-execution	Pending	Final disposition summary; matter transitioning to monitoring/closing phase; compliance monitor term expires April 14, 2026
Calderwood & Harkness LLP	Matter No. 1038-00006	Prepared April 12, 2025	Updated through April 14, 2025

[sheet: Key Dates & Deadlines]

Date	Event / Deadline	Responsible Party	Checklist Item Ref	Status
March 7, 2025	TRO granted by Vice Chancellor Zhao; $2,500,000 injunction bond posted via Broadview Surety Corp. (Bond No. BSC-2025-TRO-04419)	CRH / Calderwood & Harkness LLP	14	Complete
March 21, 2025	PI hearing adjourned by stipulation; Consent Interim Order entered	All Parties	—	Complete
March 25, 2025	Revised Fee Estimate Memorandum finalized	Calderwood & Harkness LLP (R. Vasquez)	29	Complete
April 9, 2025	SEC Disclosure Considerations Memorandum (8-K / 10-Q Analysis) completed	Calderwood & Harkness LLP (J. Underwood)	24	Complete
April 10, 2025	Memo to CRH Board re: Settlement Summary and Recommendation delivered; Letter to Compensation Committee re: Equity Clawback delivered	Calderwood & Harkness LLP	16, 22	Complete
April 11, 2025	Compliance Monitoring Protocol finalized; Draft 8-K language circulated	Calderwood & Harkness LLP	20, 25	Complete
April 12, 2025	Closing Checklist initial preparation date	Calderwood & Harkness LLP (D. Archer)	—	Complete
April 14, 2025	Target closing date: Execution of Standstill and Settlement Agreement; filing of Stipulation and Proposed Consent Order with Delaware Court of Chancery; motion to dissolve TRO; bond release request; RSU cancellation instructions to Northland Trust Company; compliance monitor engagement letter execution; lender notification to Keypoint National Bank	All Parties	1–14, 15, 17–19, 26, 27	Pending
Within 10 business days of execution (~April 28, 2025)	All exfiltrated data returned or certified destroyed by each of the eight former employees and Verdana	Rathore Group / Verdana	27, 28	Pending
Post-data certification	Pinnacle Forensics LLC independent forensic audit of Verdana systems commences (cost capped at $175,000, borne by Verdana)	Pinnacle Forensics LLC / Verdana	21	Pending
Within 30 days of execution (~May 14, 2025)	Verdana to wire $8,750,000 settlement payment to CRH	Verdana Commerce Group, Inc.	7	Pending
Within 30 days of execution (~May 14, 2025)	Verdana to wire $425,000 litigation cost reimbursement to CRH	Verdana Commerce Group, Inc.	8	Pending
November 6, 2025	Expiration of modified 9-month non-competes for Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, and Kira Johansson	Individual defendants	—	Future
February 6, 2026	Expiration of Priya Rathore's modified 12-month non-compete; expiration of 12-month vendor non-solicitation (top 50 vendors) for all eight defendants	Rathore / All defendants	—	Future
April 14, 2026	Expiration of 12-month compliance monitor term (Aldwyn Compliance Solutions LLC); Stipulation for Dismissal with Prejudice to be filed if full compliance confirmed	Aldwyn / All Parties	13, 18	Future
August 6, 2026	Expiration of 18-month employee non-solicitation for all eight former employees	All eight defendants	—	Future

[sheet: Parties & Contacts]

Party / Entity	Role	Key Contact	Title	Address	Email	Phone
Cascade Retail Holdings Inc.	Plaintiff / Client	Theresa Yun-Park	General Counsel	2200 Elliott Avenue West, Suite 3400, Seattle, WA 98119	[email]	[phone]
Cascade Retail Holdings Inc.	Plaintiff / Client	Roland Ashby	Chief People Officer	2200 Elliott Avenue West, Suite 3400, Seattle, WA 98119	[email]	[phone]
Calderwood & Harkness LLP	Outside Counsel to CRH	Bernard Crawford	Responsible Partner, L&E	1301 K Street NW, Suite 1200, Washington, DC 20005	[email]	[phone]
Calderwood & Harkness LLP	Outside Counsel to CRH	Renata Vasquez	Billing Partner, L&E	601 South Figueroa Street, Suite 4200, Los Angeles, CA 90017	[email]	[phone]
Calderwood & Harkness LLP	Outside Counsel to CRH	James Underwood	Lead Associate, L&E	1301 K Street NW, Suite 1200, Washington, DC 20005	[email]	[phone]
Calderwood & Harkness LLP	Outside Counsel to CRH	Devon Archer	Working Associate, L&E	1301 K Street NW, Suite 1200, Washington, DC 20005	[email]	[phone]
Priya Rathore	Defendant – Lead Departing Employee	c/o Catherine Nygaard (WND)	Former SVP, Merchandising (CRH)	14 Harbor Ridge Lane, Bellevue, WA 98004	[email]	[phone]
Derek Linden	Defendant – Departing Employee	c/o Catherine Nygaard (WND)	Former VP, Hardlines Merchandising (CRH)	—	[email]	[phone]
Sonia Kaczmarek	Defendant – Departing Employee	c/o Catherine Nygaard (WND)	Former VP, Softlines Merchandising (CRH)	—	[email]	[phone]
Amara Osei	Defendant – Departing Employee	c/o Catherine Nygaard (WND)	Former Director, Private Label Strategy (CRH)	—	[email]	[phone]
Brent Halvorsen	Defendant – Departing Employee	c/o Catherine Nygaard (WND)	Former Director, Seasonal Planning & Analytics (CRH)	—	[email]	[phone]
Lucia Fernandez-Gill	Defendant – Departing Employee	c/o Catherine Nygaard (WND)	Former Director, Vendor Relations (Domestic) (CRH)	—	[email]	[phone]
Nathan Tsao	Defendant – Departing Employee	c/o Catherine Nygaard (WND)	Former Senior Manager, eCommerce Merchandising (CRH)	—	[email]	[phone]
Kira Johansson	Defendant – Departing Employee	c/o Catherine Nygaard (WND)	Former Senior Manager, Category Analytics (CRH)	—	[email]	[phone]
Whitfield, Nygaard & Doyle LLP	Counsel to Rathore Group (all 8 individuals)	Catherine Nygaard	Lead Partner	1000 North Market Street, Suite 1500, Wilmington, DE 19801	[email]	[phone]
Whitfield, Nygaard & Doyle LLP	Counsel to Rathore Group	Travis Beaumont	Associate	1000 North Market Street, Suite 1500, Wilmington, DE 19801	[email]	[phone]
Verdana Commerce Group, Inc.	Defendant / Counterparty	Helen Tsoi	General Counsel	400 Christiana Gateway, Suite 700, Wilmington, DE 19801	[email]	[phone]
Blackhall & Soren LLP	Counsel to Verdana	Gavin Blackhall	Lead Partner	300 Delaware Avenue, Suite 900, Wilmington, DE 19801	[email]	[phone]
Blackhall & Soren LLP	Counsel to Verdana	Meredith Lau	Senior Associate	300 Delaware Avenue, Suite 900, Wilmington, DE 19801	[email]	[phone]
Greystone Capital Partners, LP	PE Sponsor of Verdana (cease-and-desist recipient)	Elliot Westbrook	Managing Partner	680 Park Avenue, 22nd Floor, New York, NY 10065	[email]	[phone]
Aldwyn Compliance Solutions LLC	Independent Compliance Monitor (joint appointment)	—	—	1700 Market Street, Suite 2800, Philadelphia, PA 19103	[email]	[phone]
Pinnacle Forensics LLC	Forensic Technology / eDiscovery; Post-Settlement Audit	Dr. Rajiv Anand	Engagement Lead	8700 Georgia Avenue, Suite 300, Silver Spring, MD 20910	[email]	[phone]
Northland Trust Company	CRH Transfer Agent – RSU Cancellation	—	—	55 Water Street, New York, NY 10041	[email]	[phone]
Keypoint National Bank, N.A.	Admin Agent – CRH $750M Revolving Credit Facility	—	—	1111 Second Avenue, Seattle, WA 98101	[email]	[phone]

Broadview Surety Corp.	Injunction Bond Provider (Bond No. BSC-2025-TRO-04419)	—	—	175 Water Street, Suite 2400, New York, NY 10038	[email]	[phone]
Hargrove & Tillett CPA, PLLC	CRH Outside Auditors (contingency accrual)	Denise Wheatley	Lead Audit Partner	999 Third Avenue, Suite 4400, Seattle, WA 98104	[email]	[phone]
Delaware Court of Chancery	Court – C.A. No. 2025-0198-MTZ	Vice Chancellor Margaret T. Zhao	Assigned Judge	Leonard L. Williams Justice Center, 500 N. King Street, Wilmington, DE 19801	—	—
Capitol Registered Agents LLC	CRH DE Registered Agent	—	—	1209 Orange Street, Wilmington, DE 19801	[email]	[phone]

[sheet: Settlement Financial Summary]

Line Item	Payor	Payee / Beneficiary	Amount	Timing / Due Date	Notes
Settlement Cash Payment	Verdana Commerce Group, Inc.	Cascade Retail Holdings Inc.	$8,750,000	Within 30 days of execution (~May 14, 2025)	Lump sum
Litigation Cost Reimbursement	Verdana Commerce Group, Inc.	Cascade Retail Holdings Inc.	$425,000	Per settlement terms	Toward CRH litigation costs
Equity Forfeiture – Priya Rathore (Unvested RSUs)	Priya Rathore (forfeited)	Cascade Retail Holdings Inc.	$181,250	Upon execution	$725,000 grant (March 15, 2021); 4-year ratable vesting (25%/yr); 25% unvested at Feb 7, 2025 resignation
Equity Clawback – Priya Rathore (Final Vested Tranche)	Priya Rathore (clawed back)	Cascade Retail Holdings Inc.	$181,250	Upon execution	Clawback of final vested tranche under for-cause clawback provision triggered by breach of restrictive covenant; subtotal Rathore forfeiture: $362,500
Equity Forfeitures – Other Seven Employees (Aggregate)	Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, Kira Johansson	Cascade Retail Holdings Inc.	$487,000	Upon execution	Per individual equity grant schedules
Subtotal – Total Equity Forfeitures	—	Cascade Retail Holdings Inc.	$849,500	—	= $362,500 (Rathore) + $487,000 (other seven)
TOTAL ECONOMIC RECOVERY TO CRH	—	Cascade Retail Holdings Inc.	$10,024,500	—	= $8,750,000 + $362,500 + $487,000 + $425,000
Compliance Monitor Fees – Verdana Share (60%)	Verdana Commerce Group, Inc.	Aldwyn Compliance Solutions LLC	$216,000	Over 12-month term	60% of $360,000 total estimated monitor cost
Compliance Monitor Fees – CRH Share (40%)	Cascade Retail Holdings Inc.	Aldwyn Compliance Solutions LLC	$144,000	Over 12-month term	40% of $360,000 total estimated monitor cost
Total Compliance Monitor Fees	Verdana (60%) / CRH (40%)	Aldwyn Compliance Solutions LLC	$360,000	Over 12-month term	= $216,000 + $144,000
Post-Settlement Forensic Audit of Verdana (Pinnacle Forensics)	Verdana Commerce Group, Inc.	Pinnacle Forensics LLC	Up to $175,000	Post-execution	Capped at $175,000; Verdana bears full cost
Injunction Bond (to be released)	Cascade Retail Holdings Inc. (posted via Broadview Surety Corp.)	—	$2,500,000	Release upon entry of Consent Order	Bond No. BSC-2025-TRO-04419; no payment due if released without claim
Calderwood & Harkness LLP Estimated Total Fees & Expenses	Cascade Retail Holdings Inc.	Calderwood & Harkness LLP	~$1,850,000	Through closing	Crawford ~220 hrs @ $1,350/hr = $297,000; Vasquez ~180 hrs @ $1,275/hr = $229,500; Underwood ~640 hrs @ $785/hr = $502,400; Archer ~820 hrs @ $625/hr = $512,500; expenses ~$308,600
CRH Q1 2025 Litigation Contingency Accrual (Pre-Settlement)	—	—	$3,500,000	To be revised post-settlement	Per Hargrove & Tillett CPA, PLLC / CRH Audit Committee notification

[sheet: Closing Checklist]
Item No. | Category | Description of Deliverable / Action | Responsible Party | Responsible Attorney | Due Date | Status | Date Completed | Notes / Cross-References
1 | I. Settlement Agreement and Exhibits | Standstill and Settlement Agreement – Execution Version (among Cascade Retail Holdings Inc., Priya Rathore, Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, Kira Johansson, and Verdana Commerce Group, Inc.) | All Parties | B. Crawford / C. Nygaard / G. Blackhall | April 14, 2025 | Final | Governed by Delaware law; 10 signatories required; see Signature Page Tracker
2 | I. Settlement Agreement and Exhibits | Exhibit A – Modified Restrictive Covenant Terms | Calderwood & Harkness LLP | J. Underwood | April 14, 2025 | Final | Rathore: 12-month non-compete through Feb 6, 2026 (home goods, seasonal décor, private-label apparel); Other 7: 9-month non-competes through Nov 6, 2025; 18-month employee non-solicitation (all 8) through Aug 6, 2026; 12-month vendor non-solicitation (top 50 vendors) through Feb 6, 2026
3 | I. Settlement Agreement and Exhibits | Exhibit B – Data Return and Destruction Protocol | Calderwood & Harkness LLP / Blackhall & Soren LLP | J. Underwood / M. Lau | April 14, 2025 | Final | Return/destruction of 14,327 exfiltrated files (~2.8 GB) within 10 business days of execution; independent forensic audit by Pinnacle Forensics LLC at Verdana's expense (capped at $175,000)
4 | I. Settlement Agreement and Exhibits | Exhibit C – List of Top 50 CRH Vendors (Redacted for Court Filing) | CRH (Theresa Yun-Park) | D. Archer | April 14, 2025 | Final | Vendor list by spend; redacted version for filing under seal
5 | I. Settlement Agreement and Exhibits | Exhibit D – Form of Compliance Monitor Engagement Letter (Aldwyn Compliance Solutions LLC) | Calderwood & Harkness LLP / Blackhall & Soren LLP | J. Underwood | April 14, 2025 | Final | 12-month term; total fees $360,000 (Verdana 60%: $216,000; CRH 40%: $144,000)
6 | I. Settlement Agreement and Exhibits | Exhibit E – Mutual Non-Disparagement Provisions | Calderwood & Harkness LLP | D. Archer | April 14, 2025 | Final | Standard mutual non-disparagement among CRH, Rathore Group, and Verdana
7 | II. Monetary Settlement Deliverables | Wire Transfer Instructions – CRH account for receipt of $8,750,000 settlement payment from Verdana | CRH (Theresa Yun-Park) | B. Crawford | April 14, 2025 | Pending | Lump-sum payment due within 30 days of execution of Settlement Agreement
8 | II. Monetary Settlement Deliverables | Wire Transfer Instructions – CRH account for receipt of $425,000 litigation cost reimbursement from Verdana | CRH (Theresa Yun-Park) | B. Crawford | April 14, 2025 | Pending | Per settlement terms; may be combined with Item 7 wire
9 | III. Court Filings – Delaware Court of Chancery (C.A. No. 2025-0198-MTZ) | Stipulation of Settlement and [Proposed] Consent Order | All Parties | B. Crawford / C. Nygaard / G. Blackhall | April 14, 2025 | Final | Joint filing; attaches execution version of Settlement Agreement
10 | III. Court Filings – Delaware Court of Chancery | [Proposed] Consent Order Incorporating Modified Restrictive Covenants | All Parties | J. Underwood | April 14, 2025 | Final | For signature by Vice Chancellor Margaret T. Zhao; retains Court jurisdiction for enforcement
11 | III. Court Filings – Delaware Court of Chancery | Joint Letter to Vice Chancellor Zhao re: Proposed Consent Order | Calderwood & Harkness LLP / WND / Blackhall & Soren LLP | B. Crawford | April 14, 2025 | Final | Cover letter transmitting Stipulation and Proposed Consent Order
12 | III. Court Filings – Delaware Court of Chancery | Motion to Dissolve Temporary Restraining Order Upon Entry of Consent Order | Calderwood & Harkness LLP | J. Underwood | April 14, 2025 | Final | TRO originally granted March 7, 2025; Consent Order supersedes TRO restraints
13 | III. Court Filings – Delaware Court of Chancery | Stipulation for Dismissal with Prejudice (Contingent on Compliance) | All Parties | J. Underwood | April 14, 2025 | Final | To be filed at conclusion of 12-month compliance monitor period; contingent on full compliance with Consent Order and Settlement Agreement
14 | IV. Injunction Bond Release | Letter to Broadview Surety Corp. Requesting Discharge of Injunction Bond No. BSC-2025-TRO-04419 ($2,500,000) | Calderwood & Harkness LLP | D. Archer | April 14, 2025 | Draft | Broadview Surety Corp., 175 Water Street, Suite 2400, New York, NY 10038; bond posted March 7, 2025; discharge upon entry of Consent Order dissolving TRO
15 | V. Equity Clawback and Forfeiture | Letter to Northland Trust Company re: Cancellation of Unvested RSU Awards – Priya Rathore and Seven Other Former Employees | Calderwood & Harkness LLP (on behalf of CRH) | D. Archer | April 14, 2025 | Final | Northland Trust Company, 55 Water Street, New York, NY 10041; Rathore forfeiture: $362,500 ($181,250 unvested + $181,250 clawback of final vested tranche); aggregate other seven: $487,000; total equity forfeitures: $849,500
16 | V. Equity Clawback and Forfeiture | Letter to CRH Compensation Committee re: Equity Clawback and Forfeiture Summary | Calderwood & Harkness LLP | B. Crawford | April 10, 2025 | Complete | April 10, 2025 | Summarizes all equity forfeitures under Settlement Agreement
17 | V. Equity Clawback and Forfeiture | Draft Board Resolution – Ratification of Equity Forfeiture and Settlement Terms | Calderwood & Harkness LLP / CRH (Theresa Yun-Park) | B. Crawford | April 14, 2025 | Final | For consideration by CRH Board of Directors; ratifies $8,750,000 payment, $849,500 equity forfeitures, $425,000 fee reimbursement (total recovery $10,024,500), and authorization to execute Settlement Agreement
18 | VI. Compliance Monitor | Compliance Monitor Engagement Letter – Execution Version (Aldwyn Compliance Solutions LLC, 1700 Market Street, Suite 2800, Philadelphia, PA 19103) | CRH / Verdana / Aldwyn | J. Underwood | April 14, 2025 | Final | 12-month term; quarterly verification of modified non-compete, non-solicitation, and data-destruction compliance; $360,000 total (VCG 60%: $216,000; CRH 40%: $144,000)
19 | VI. Compliance Monitor | Letter Agreement Among CRH, Verdana, and Aldwyn re: Information-Sharing and Access for Monitor | CRH / Verdana / Aldwyn | J. Underwood | April 14, 2025 | Final | Framework for information sharing, access to records, and cooperation during 12-month monitoring period
20 | VI. Compliance Monitor | Compliance Monitoring Protocol – Detailed Procedures Annex | Calderwood & Harkness LLP / Blackhall & Soren LLP | J. Underwood | April 11, 2025 | Complete | April 11, 2025 | Quarterly reporting, document review, employee interview protocols, escalation procedures
21 | VII. Forensic Audit Deliverables | Confirmation of Pinnacle Forensics LLC Engagement for Independent Forensic Audit of Verdana Systems | Calderwood & Harkness LLP / Pinnacle Forensics LLC (Dr. Rajiv Anand) | D. Archer | April 14, 2025 | Pending | Pinnacle Forensics LLC, 8700 Georgia Avenue, Suite 300, Silver Spring, MD 20910; audit at Verdana's expense, capped at $175,000; to commence within 10 business days after execution
22 | VIII. Corporate Governance and Regulatory Notifications | Memorandum to CRH Board of Directors re: Settlement Summary and Recommendation | Calderwood & Harkness LLP | B. Crawford | April 10, 2025 | Complete | April 10, 2025 | Total economic recovery: $10,024,500 ($8,750,000 cash + $849,500 equity forfeitures + $425,000 fee reimbursement); recommends board approval
23 | VIII. Corporate Governance and Regulatory Notifications | Letter to CRH Board Audit Committee (Dr. Lorraine Stahl, Chair) re: Updated Litigation Contingency | Calderwood & Harkness LLP | B. Crawford | April 14, 2025 | Draft | Updates prior March 4, 2025 notification; original Q1 2025 accrual of $3,500,000 to be revised post-settlement
24 | VIII. Corporate Governance and Regulatory Notifications | Memorandum re: SEC Disclosure Considerations – Material Litigation Settlement (8-K / 10-Q Analysis) | Calderwood & Harkness LLP | J. Underwood | April 9, 2025 | Complete | April 9, 2025 | Materiality analysis: $10,024,500 total recovery vs. $6.82 billion revenue / ~$4.1 billion market cap
25 | VIII. Corporate Governance and Regulatory Notifications | Draft 8-K Current Report Language re: Settlement of Covenant-Enforcement Litigation | Calderwood & Harkness LLP / CRH (Theresa Yun-Park) | J. Underwood | April 11, 2025 | Under Review | Describes settlement of C.A. No. 2025-0198-MTZ, $8,750,000 payment, Consent Order entry
26 | VIII. Corporate Governance and Regulatory Notifications | Letter to Keypoint National Bank, N.A. re: Material Litigation Reporting Under Section 6.02(c) of Credit Agreement | Calderwood & Harkness LLP (on behalf of CRH) | D. Archer | April 14, 2025 | Final | Keypoint National Bank, N.A., 1111 Second Avenue, Seattle, WA 98101; admin agent under $750 million revolving credit facility; confirms settlement resolution and no continuing material adverse effect
27 | IX. Data Return and Destruction | Delivery of data return/destruction certification instructions to all eight former employees and Verdana | Calderwood & Harkness LLP | D. Archer | April 14, 2025 | Pending | Per Exhibit B; all exfiltrated CRH data (14,327 files / ~2.8 GB from Aldermere Systems and Pinnacle Health IT) to be returned or certified destroyed within 10 business days of execution
28 | IX. Data Return and Destruction | Confirmation that CRH IT has received or will receive returned data / destruction certifications from each of: Priya Rathore, Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, Kira Johansson | CRH (IT Department / Roland Ashby) | D. Archer | Within 10 business days post-execution | Pending | Includes Project Ridgeline presentations, vendor negotiation term sheets, private-label cost models, customer segmentation data
29 | X. Internal Matter Administration | Revised Fee Estimate Memorandum – Confirmation of Final Budget | Calderwood & Harkness LLP (Renata Vasquez) | R. Vasquez | Completed prior | Complete | March 25, 2025 | Estimated total: ~$1,850,000 (Crawford ~220 hrs @ $1,350 = $297,000; Vasquez ~180 hrs @ $1,275 = $229,500; Underwood ~640 hrs @ $785 = $502,400; Archer ~820 hrs @ $625 = $512,500; expenses ~$308,600)
30 | X. Internal Matter Administration | Closing Index and Signature Page Tracker – Final | Calderwood & Harkness LLP | D. Archer | April 14, 2025 | Under Review | Tracks signature status for all closing documents across 10+ signatories
31 | X. Internal Matter Administration | Matter Closing Memorandum – Crawford to File | Calderwood & Harkness LLP | B. Crawford | Post-execution | Pending | Final disposition summary; matter transitioning to monitoring/closing phase; compliance monitor term expires April 14, 2026
Calderwood & Harkness LLP | Matter No. 1038-00006 | Prepared April 12, 2025 | Updated through April 14, 2025
[sheet: Key Dates & Deadlines]
Date | Event / Deadline | Responsible Party | Checklist Item Ref | Status
March 7, 2025 | TRO granted by Vice Chancellor Zhao; $2,500,000 injunction bond posted via Broadview Surety Corp. (Bond No. BSC-2025-TRO-04419) | CRH / Calderwood & Harkness LLP | 14 | Complete
March 21, 2025 | PI hearing adjourned by stipulation; Consent Interim Order entered | All Parties | — | Complete
March 25, 2025 | Revised Fee Estimate Memorandum finalized | Calderwood & Harkness LLP (R. Vasquez) | 29 | Complete
April 9, 2025 | SEC Disclosure Considerations Memorandum (8-K / 10-Q Analysis) completed | Calderwood & Harkness LLP (J. Underwood) | 24 | Complete
April 10, 2025 | Memo to CRH Board re: Settlement Summary and Recommendation delivered; Letter to Compensation Committee re: Equity Clawback delivered | Calderwood & Harkness LLP | 16, 22 | Complete
April 11, 2025 | Compliance Monitoring Protocol finalized; Draft 8-K language circulated | Calderwood & Harkness LLP | 20, 25 | Complete
April 12, 2025 | Closing Checklist initial preparation date | Calderwood & Harkness LLP (D. Archer) | — | Complete
April 14, 2025 | Target closing date: Execution of Standstill and Settlement Agreement; filing of Stipulation and Proposed Consent Order with Delaware Court of Chancery; motion to dissolve TRO; bond release request; RSU cancellation instructions to Northland Trust Company; compliance monitor engagement letter execution; lender notification to Keypoint National Bank | All Parties | 1–14, 15, 17–19, 26, 27 | Pending
Within 10 business days of execution (~April 28, 2025) | All exfiltrated data returned or certified destroyed by each of the eight former employees and Verdana | Rathore Group / Verdana | 27, 28 | Pending
Post-data certification | Pinnacle Forensics LLC independent forensic audit of Verdana systems commences (cost capped at $175,000, borne by Verdana) | Pinnacle Forensics LLC / Verdana | 21 | Pending
Within 30 days of execution (~May 14, 2025) | Verdana to wire $8,750,000 settlement payment to CRH | Verdana Commerce Group, Inc. | 7 | Pending
Within 30 days of execution (~May 14, 2025) | Verdana to wire $425,000 litigation cost reimbursement to CRH | Verdana Commerce Group, Inc. | 8 | Pending
November 6, 2025 | Expiration of modified 9-month non-competes for Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, and Kira Johansson | Individual defendants | — | Future
February 6, 2026 | Expiration of Priya Rathore's modified 12-month non-compete; expiration of 12-month vendor non-solicitation (top 50 vendors) for all eight defendants | Rathore / All defendants | — | Future
April 14, 2026 | Expiration of 12-month compliance monitor term (Aldwyn Compliance Solutions LLC); Stipulation for Dismissal with Prejudice to be filed if full compliance confirmed | Aldwyn / All Parties | 13, 18 | Future
August 6, 2026 | Expiration of 18-month employee non-solicitation for all eight former employees | All eight defendants | — | Future
[sheet: Parties & Contacts]
Party / Entity | Role | Key Contact | Title | Address | Email | Phone
Cascade Retail Holdings Inc. | Plaintiff / Client | Theresa Yun-Park | General Counsel | 2200 Elliott Avenue West, Suite 3400, Seattle, WA 98119 | [email] | [phone]
Cascade Retail Holdings Inc. | Plaintiff / Client | Roland Ashby | Chief People Officer | 2200 Elliott Avenue West, Suite 3400, Seattle, WA 98119 | [email] | [phone]
Calderwood & Harkness LLP | Outside Counsel to CRH | Bernard Crawford | Responsible Partner, L&E | 1301 K Street NW, Suite 1200, Washington, DC 20005 | [email] | [phone]
Calderwood & Harkness LLP | Outside Counsel to CRH | Renata Vasquez | Billing Partner, L&E | 601 South Figueroa Street, Suite 4200, Los Angeles, CA 90017 | [email] | [phone]
Calderwood & Harkness LLP | Outside Counsel to CRH | James Underwood | Lead Associate, L&E | 1301 K Street NW, Suite 1200, Washington, DC 20005 | [email] | [phone]
Calderwood & Harkness LLP | Outside Counsel to CRH | Devon Archer | Working Associate, L&E | 1301 K Street NW, Suite 1200, Washington, DC 20005 | [email] | [phone]
Priya Rathore | Defendant – Lead Departing Employee | c/o Catherine Nygaard (WND) | Former SVP, Merchandising (CRH) | 14 Harbor Ridge Lane, Bellevue, WA 98004 | [email] | [phone]
Derek Linden | Defendant – Departing Employee | c/o Catherine Nygaard (WND) | Former VP, Hardlines Merchandising (CRH) | — | [email] | [phone]
Sonia Kaczmarek | Defendant – Departing Employee | c/o Catherine Nygaard (WND) | Former VP, Softlines Merchandising (CRH) | — | [email] | [phone]
Amara Osei | Defendant – Departing Employee | c/o Catherine Nygaard (WND) | Former Director, Private Label Strategy (CRH) | — | [email] | [phone]
Brent Halvorsen | Defendant – Departing Employee | c/o Catherine Nygaard (WND) | Former Director, Seasonal Planning & Analytics (CRH) | — | [email] | [phone]
Lucia Fernandez-Gill | Defendant – Departing Employee | c/o Catherine Nygaard (WND) | Former Director, Vendor Relations (Domestic) (CRH) | — | [email] | [phone]
Nathan Tsao | Defendant – Departing Employee | c/o Catherine Nygaard (WND) | Former Senior Manager, eCommerce Merchandising (CRH) | — | [email] | [phone]
Kira Johansson | Defendant – Departing Employee | c/o Catherine Nygaard (WND) | Former Senior Manager, Category Analytics (CRH) | — | [email] | [phone]
Whitfield, Nygaard & Doyle LLP | Counsel to Rathore Group (all 8 individuals) | Catherine Nygaard | Lead Partner | 1000 North Market Street, Suite 1500, Wilmington, DE 19801 | [email] | [phone]
Whitfield, Nygaard & Doyle LLP | Counsel to Rathore Group | Travis Beaumont | Associate | 1000 North Market Street, Suite 1500, Wilmington, DE 19801 | [email] | [phone]
Verdana Commerce Group, Inc. | Defendant / Counterparty | Helen Tsoi | General Counsel | 400 Christiana Gateway, Suite 700, Wilmington, DE 19801 | [email] | [phone]
Blackhall & Soren LLP | Counsel to Verdana | Gavin Blackhall | Lead Partner | 300 Delaware Avenue, Suite 900, Wilmington, DE 19801 | [email] | [phone]
Blackhall & Soren LLP | Counsel to Verdana | Meredith Lau | Senior Associate | 300 Delaware Avenue, Suite 900, Wilmington, DE 19801 | [email] | [phone]
Greystone Capital Partners, LP | PE Sponsor of Verdana (cease-and-desist recipient) | Elliot Westbrook | Managing Partner | 680 Park Avenue, 22nd Floor, New York, NY 10065 | [email] | [phone]
Aldwyn Compliance Solutions LLC | Independent Compliance Monitor (joint appointment) | — | — | 1700 Market Street, Suite 2800, Philadelphia, PA 19103 | [email] | [phone]
Pinnacle Forensics LLC | Forensic Technology / eDiscovery; Post-Settlement Audit | Dr. Rajiv Anand | Engagement Lead | 8700 Georgia Avenue, Suite 300, Silver Spring, MD 20910 | [email] | [phone]
Northland Trust Company | CRH Transfer Agent – RSU Cancellation | — | — | 55 Water Street, New York, NY 10041 | [email] | [phone]
Keypoint National Bank, N.A. | Admin Agent – CRH $750M Revolving Credit Facility | — | — | 1111 Second Avenue, Seattle, WA 98101 | [email] | [phone]
Broadview Surety Corp. | Injunction Bond Provider (Bond No. BSC-2025-TRO-04419) | — | — | 175 Water Street, Suite 2400, New York, NY 10038 | [email] | [phone]
Hargrove & Tillett CPA, PLLC | CRH Outside Auditors (contingency accrual) | Denise Wheatley | Lead Audit Partner | 999 Third Avenue, Suite 4400, Seattle, WA 98104 | [email] | [phone]
Delaware Court of Chancery | Court – C.A. No. 2025-0198-MTZ | Vice Chancellor Margaret T. Zhao | Assigned Judge | Leonard L. Williams Justice Center, 500 N. King Street, Wilmington, DE 19801 | — | —
Capitol Registered Agents LLC | CRH DE Registered Agent | — | — | 1209 Orange Street, Wilmington, DE 19801 | [email] | [phone]
[sheet: Settlement Financial Summary]
Line Item | Payor | Payee / Beneficiary | Amount | Timing / Due Date | Notes
Settlement Cash Payment | Verdana Commerce Group, Inc. | Cascade Retail Holdings Inc. | $8,750,000 | Within 30 days of execution (~May 14, 2025) | Lump sum
Litigation Cost Reimbursement | Verdana Commerce Group, Inc. | Cascade Retail Holdings Inc. | $425,000 | Per settlement terms | Toward CRH litigation costs
Equity Forfeiture – Priya Rathore (Unvested RSUs) | Priya Rathore (forfeited) | Cascade Retail Holdings Inc. | $181,250 | Upon execution | $725,000 grant (March 15, 2021); 4-year ratable vesting (25%/yr); 25% unvested at Feb 7, 2025 resignation
Equity Clawback – Priya Rathore (Final Vested Tranche) | Priya Rathore (clawed back) | Cascade Retail Holdings Inc. | $181,250 | Upon execution | Clawback of final vested tranche under for-cause clawback provision triggered by breach of restrictive covenant; subtotal Rathore forfeiture: $362,500
Equity Forfeitures – Other Seven Employees (Aggregate) | Derek Linden, Sonia Kaczmarek, Amara Osei, Brent Halvorsen, Lucia Fernandez-Gill, Nathan Tsao, Kira Johansson | Cascade Retail Holdings Inc. | $487,000 | Upon execution | Per individual equity grant schedules
Subtotal – Total Equity Forfeitures | — | Cascade Retail Holdings Inc. | $849,500 | — | = $362,500 (Rathore) + $487,000 (other seven)
TOTAL ECONOMIC RECOVERY TO CRH | — | Cascade Retail Holdings Inc. | $10,024,500 | — | = $8,750,000 + $362,500 + $487,000 + $425,000
Compliance Monitor Fees – Verdana Share (60%) | Verdana Commerce Group, Inc. | Aldwyn Compliance Solutions LLC | $216,000 | Over 12-month term | 60% of $360,000 total estimated monitor cost
Compliance Monitor Fees – CRH Share (40%) | Cascade Retail Holdings Inc. | Aldwyn Compliance Solutions LLC | $144,000 | Over 12-month term | 40% of $360,000 total estimated monitor cost
Total Compliance Monitor Fees | Verdana (60%) / CRH (40%) | Aldwyn Compliance Solutions LLC | $360,000 | Over 12-month term | = $216,000 + $144,000
Post-Settlement Forensic Audit of Verdana (Pinnacle Forensics) | Verdana Commerce Group, Inc. | Pinnacle Forensics LLC | Up to $175,000 | Post-execution | Capped at $175,000; Verdana bears full cost
Injunction Bond (to be released) | Cascade Retail Holdings Inc. (posted via Broadview Surety Corp.) | — | $2,500,000 | Release upon entry of Consent Order | Bond No. BSC-2025-TRO-04419; no payment due if released without claim
Calderwood & Harkness LLP Estimated Total Fees & Expenses | Cascade Retail Holdings Inc. | Calderwood & Harkness LLP | ~$1,850,000 | Through closing | Crawford ~220 hrs @ $1,350/hr = $297,000; Vasquez ~180 hrs @ $1,275/hr = $229,500; Underwood ~640 hrs @ $785/hr = $502,400; Archer ~820 hrs @ $625/hr = $512,500; expenses ~$308,600
CRH Q1 2025 Litigation Contingency Accrual (Pre-Settlement) | — | — | $3,500,000 | To be revised post-settlement | Per Hargrove & Tillett CPA, PLLC / CRH Audit Committee notification

[sheet: Closing Checklist]

Record

Parties

Dates

Amounts