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I. Tentative Global Agreement
On March 2, 1994, the parties reached a tentative global
agreement on the redemption price of the Hobler family shares and
on the settlement of Katherine’s and Damian’s claims. Pursuant
to this tentative agreement, which was contingent on approval by
the Maritz Inc. board of directors, Maritz Inc. would pay
$750,000 for the release of Katherine’s and Damian’s collective
claims. Subsequently, Katherine and Damian agreed that Katherine
would receive $500,000 and Damian would receive $250,000.
J. Suelthaus Letters Asserting Claims
Backerman later told Suelthaus that, notwithstanding the
tentative settlement agreement, Maritz Inc. could not resolve
Katherine’s and Damian’s claims until Suelthaus asserted them in
writing. Consequently, in a May 17, 1994, letter to Henry
Stolar, the General Counsel and Senior Vice President of Maritz
Inc., Suelthaus asserted claims on Katherine’s behalf as follows:
On or about June 30, 1993, Ms. Hobler [Katherine] was
terminated from her position as an officer of Maritz
Travel Company, without reasonable prior notice,
entirely without cause, and with the intent to injure
her.
Ms. Hobler was injured by the actions of Maritz
Inc. and we believe that she is entitled to
compensatory damages for wrongful termination of
employment, defamation, infliction of emotional
distress, emotional pain, suffering, inconvenience,
mental anguish, loss of enjoyment of life, and other
applicable claims arising out of and/or related to the
above event. It is our intention to prepare a petition
to be filed in a court of competent jurisdiction to
seek legal redress for the personal damages suffered by
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