Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / settlement-agreement-draft-1.docx
settlement-agreement-draft-1.docx
Parties
Harkness LLP
Solstice Biomedical Devices Ltd
Byrne LLP
Creston Perry LLP
Dates
June 11, 2025
November 14, 2017
June 22, 2035
April 30, 2019
September 15, 2036
March 2, 2021
January 10, 2038
May 9, 2024
May 23, 2024
June 14, 2024
Amounts
$8,750,000
$5,250,000
$3,500,000
$500,000
$1,800,000
Obligations
In consideration of the mutual covenants, promises, and releases set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each Party, 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 defined in this Article I shall have the meanings ascribed to them elsewhere in this Agreement
For the avoidance of doubt, Net Sales shall not include sales or transfers between or among Solstice, its Affiliates, and authorized sublicensees for purposes of resale, but shall include the subsequent sale to an unrelated third party
The Parties anticipate that the target filing date for the Stipulation of Dismissal shall be on or about July 1, 2025
Each Party shall bear its own costs, expenses, and attorneys' fees incurred in connection with the Litigation through the date of dismissal
The Parties shall cooperate in good faith to prepare and file any joint stipulation, motion, or other submission required by the Court in connection with such request