Michael R. and Shelley F. Fawcett - Page 6




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          to the unpaid overtime compensation under section 16(b) of the              
          Fair Labor Standards Act of 1938 (FLSA), ch. 676, 52 Stat. 1069,            
          currently codified at 29 U.S.C. section 216 (1994), and                     
          attorney’s fees and costs.  The complaint was never amended                 
          during any time relevant to the class action lawsuit.                       
               On January 25, 1995, an Order approving the settlement of              
          the class action lawsuit was signed by Larry M. Boyle, United               
          States Magistrate Judge.  The Settlement Agreement and Release              
          (Settlement Agreement) states:                                              
               3.   Release of PayLess by the Plaintiffs                              
               In exchange for the payment of the amount set forth in                 
               paragraph 7 below, and in consideration of the mutual                  
               promises and covenants contained in this Settlement                    
               Agreement, the Named Plaintiffs on behalf of themselves                
               and the Individual Plaintiffs, upon the signing by each                
               Individual Plaintiff of the release required by                        
               paragraph 9(b) of this document, hereby release and                    
               discharge PayLess, Thrifty Payless, Inc., their                        
               parents, agents and assigns from all actions, claims,                  
               or demands for damages, liabilities, costs, or                         
               expenses, which the Plaintiffs, individually or                        
               collectively, have against PayLess on account of, or in                
               any way arising out the claims that were asserted or                   
               that could have been asserted in the Lawsuit by the                    
               Plaintiffs, which Lawsuit is hereby acknowledged as not                
               fully plead, further including, but not limited to,                    
               claims for personal injuries, intentional infliction of                
               emotional distress, negligent infliction of emotional                  
               distress, and from all known claims, whether based on                  
               tort, statute or contract, which are based in whole or                 
               in part, or arise out of, or in any way relate to: (1)                 
               the Lawsuit; and (2) anything done or allegedly done by                
               PayLess arising out of, or in conjunction with or                      
               relating to, the employment of any and/or all                          
               Plaintiffs prior to November 1, 1992 by PayLess.                       
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