Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / settlement-agreement-execution.docx
settlement-agreement-execution.docx
Parties
GRIZZLY PEAK RESEARCH LLC
GRIZZLY PEAK CAPITAL PARTNERS LP
Redstone Gaming Corp
Pacific Corporate Services LLC
Grizzly Peak Capital GP LLC
Vermilion Holdings LLC
Harkness LLP
Barrow LLP
Dates
January 6, 2025
February 5, 2024
March 18, 2024
February 7, 2024
February 21, 2024
February 14, 2024
April 12, 2024
June 7, 2024
September 9, 2024
October 22, 2024
Amounts
$410
$4,500,000.00
$10,250,000.00
$14,750,000.00
Obligations
As used in this Agreement, the following terms shall have the meanings set forth below
1 shall have the meanings ascribed to them elsewhere in this Agreement, including in the Recitals
(h) "Escrow Agreement" means the Escrow Agreement of even date herewith, entered into among RGC, GPR, GPCP, and the Escrow Agent, establishing the terms and conditions governing the escrow account into which the Settlement Amount shall be deposited and from which the Settlement Amount shall be disbursed
In consideration of the mutual releases, covenants, and agreements set forth in this Agreement, Defendants shall cause the payment of the aggregate sum of Fourteen Million Seven Hundred Fifty Thousand Dollars ($14,750,000
The Settlement Amount represents the total and complete monetary consideration to be paid in connection with the settlement of the Action and the Released Claims, and no additional monetary payments shall be owed by Defendants or any other person or entity to RGC in connection with this settlement
The Settlement Amount shall be funded from the following two sources: (a) Insurance Contribution