FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / settlement-approval-memo-template.docx
settlement-approval-memo-template.docx · 1014-00004

Parties

Harkness LLP
Optiwave Semiconductor Corp
Georgia-Pacific Corp
United States Plywood Corp

Dates

March 5, 2024
March 18, 2024
February 12, 2024

Amounts

$600

Obligations

"The proposed settlement does not include any injunctive relief or product restrictions; Lumicore will be licensed to continue manufacturing and selling all Licensed Products" or "Lumicore agrees to cease sales of [specific product] within [X] days of the Effective Date and to discontinue all marketing and promotion of such product
"Lumicore shall provide quarterly royalty reports within [X] days of the end of each calendar quarter, setting forth the quantity and Net Sales of Licensed Products
If any audit reveals an underpayment of more than [X]%, Lumicore shall bear the cost of the audit and pay the shortfall plus interest at [X]% per annum
The press release will state that the parties have resolved the litigation on mutually acceptable terms but will not disclose specific financial terms" or "Neither party shall issue any press release or public statement regarding the settlement without the prior written consent of the other party
The Settlement Agreement acknowledges this obligation and provides that any such disclosure shall be limited to the minimum required by applicable law and regulation
The Settlement Agreement expressly states that it shall not be construed as an admission, concession, or indication of any party's views regarding the merits of any claim or defense