- 10 - I * * * UNDERSTAND AND AGREE THAT THIS IS NEITHER A RELEASE ON MY * * * CLAIM NOR AN ACKNOWLEDGEMENT OF LIABILITY BY E. I. DUPONT DE NEMOURS & COMPANY, INC. On January 13, 1992, Mr. Henry and Ms. Estes entered into a partial settlement agreement relating to their contemplated divorce. That agreement provided in pertinent part: 8. Proceeds for Settlement and/or Payment from E.I. DuPont De Nemours & Company, Inc. Upon execution of this Agreement any monies or proceeds received from E.I. DuPont De Nemours & Company, Inc. made payable to either or both parties [to either Mr. Henry or Ms. Estes or to both of them], or to Fred Henry's Paradise of Orchids, or any other entity associated with the parties shall be split in a 70:30 proportion, with 70% thereof to go to the Husband and 30% to go to the Wife. On May 8, 1992, Mr. Henry and Ms. Estes entered into a marital settlement agreement relating to their contemplated divorce. That agreement provided in pertinent part: 3. PROCEEDS FROM DUPONT. The parties are cur- rently negotiating with E.I. DuPont DeNemours & Com- pany, Inc. (hereinafter referred to as "DuPont"), regarding damages sustained from a chemical produced by DuPont. It is specifically agreed that any monies or any other proceeds made payable to either or both parties, or to Fred Henry's Paradise of Orchids, or to Henry and Estes Associates, or any other entity as- sociated with the parties, shall be split in a 70:30 proportion, with 70% thereof to go to the Husband [Mr. Henry] and 30% to go to the Wife [Ms. Estes]. * * * By letter dated January 21, 1992, Mr. Henry requested an additional assistance payment of $150,000 from du Pont. That letter stated in pertinent part: Thank you very much for the assistance check dated 12-26-91 in the amount of $50,000.00. It certainly helped to ease the debt situation I suffer. Now IPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011