Extract to table

Failure to provide timely notice may result in a delay in the disbursement, for which the Club shall not be responsible

The Settlement Agreement and Mutual General Release must be executed and delivered in substantially the form transmitted to the Club on November 20, 2024, without material modification adverse to the Club's interests

Any amendment, modification, or supplement to the Settlement Agreement that is adverse to the Club or that materially alters the terms upon which the Board's approval was granted must be submitted to the Club for prior written approval

The Settlement Agreement must include a provision expressly confirming that no party — including TSL, Aegean Fortuna Shipholding Ltd

To the extent the Settlement Agreement contains a mutual release, such release must not extinguish or limit the Club's subrogation rights without the Club's prior written consent

Nothing in this letter or in the Club's approval of the contribution shall be construed as a waiver of any right, defense, or entitlement available to the Club under the Policy, the Club's Rules, or applicable law