Extract to table

This Agreement is a compromise of disputed claims and shall not be construed as an admission of liability, wrongdoing, or fault by either Party

NOW, THEREFORE, in consideration of the mutual covenants, promises, and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: SECTION 1 — DEFINITIONS As used in this Agreement, the following terms shall have the meanings set forth below, unless the context clearly requires otherwise: 1

In consideration of the mutual releases, covenants, and agreements set forth in this Agreement, AMA shall pay to Aldrich a total lump sum of Two Million Three Hundred Fifty Thousand Dollars and No Cents ($2,350,000

This portion of the Settlement Payment shall be reported by AMA on IRS Form W-2 (or the applicable equivalent) for tax year 2024

00) — shall be allocated as non-wage damages (representing emotional distress damages, general settlement consideration, and non-economic damages), and shall not be subject to employment tax withholding

This portion of the Settlement Payment shall be reported by AMA on IRS Form 1099-MISC (or the applicable equivalent) for tax year 2024