Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / settlement-agreement-mutual-release.docx
settlement-agreement-mutual-release.docx
Parties
The Security Inc
Security Inc
Graystone Forensics LLC
Clearfield Notification Services LLC
BrightPath Consulting Group Inc
Harkness LLP
Enhanced Inc
Dunlop LLP
Dates
October 27, 2023
November 12, 2019
March 3, 2021
September 15, 2022
November 11, 2024
March 14, 2023
April 18, 2023
April 21, 2023
November 1, 2023
April 30, 2025
Amounts
$16,300,000
$32,600,000
$8,230,250
$1,847,000
$3,214,500
$385,000
$2,163,750
$620,000
$4,200,000
$14,996,000
Obligations
1 — Defined Terms 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 or in the Recitals, which are incorporated herein by reference
1 — Cash Payment (a) Within thirty (30) calendar days of the Effective Date, Palomar shall pay to Quorum the Settlement Payment in the amount of Four Million Two Hundred Thousand Dollars ($4,200,000)
Quorum's wire transfer instructions shall be delivered in writing to Derek Copeland, General Counsel, Palomar Data Solutions, Inc
(d) Palomar's obligation to make the Settlement Payment is absolute and unconditional and shall not be subject to any setoff, counterclaim, deduction, or defense of any kind or nature whatsoever
(c) The fee reduction shall apply to all invoices issued by Palomar to Quorum during the Fee Reduction Period and shall be reflected as a separate line-item credit on each monthly invoice