Extract to table

The Judgment further provided that post-judgment interest shall accrue at the rate of 5

NOW, THEREFORE, in consideration of the mutual covenants, promises, and releases contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the Parties, the Parties agree as follows: ARTICLE I — DEFINITIONS As used in this Agreement, the following terms shall have the meanings set forth below

Capitalized terms used but not otherwise defined in this Article I shall have the meanings ascribed to them elsewhere in this Agreement

(a) Brashear shall pay, or cause to be paid, to Stonefield the Cash Settlement Amount of Four Hundred Twenty-Five Thousand Dollars ($425,000

(c) The Cash Settlement Amount shall be due and payable within five (5) business days of the Effective Date, or upon closing of the sale of the Ranch Property, whichever occurs first

1(c), Stonefield shall retain all rights under the Judgment and this Agreement shall, at Stonefield's sole election, become null and void, and all releases granted herein shall be of no force or effect, without prejudice to Stonefield's right to enforce the Judgment and pursue all available remedies at law or in equity