- 12 -
describes the payments to be made pursuant to this provision as
follows:
(a) To Katherine A. Hobler, for personal damages as
described in correspondence dated May 17, 1994,
from Sellers’ Attorney [Suelthaus] to the General
Counsel of Maritz, the sum of $500,000.00.
(b) To Damian Gerard, for personal damages as
described in correspondence dated May 18, 1994,
from Sellers’ Attorney [Suelthaus] to the General
Counsel of Maritz, the sum of $250,000.00.
Section 3.04 of the settlement agreement provides that the
“Sellers shall cause” First Capitol to execute a mutual release
with Maritz Inc. As executed on June 9, 1994, and signed by
Damian in his capacity as president of First Capitol, the mutual
release provided that First Capitol and Maritz Inc. agreed to
release all claims against each other, including all claims “in
connection with the termination of any and all vendor/customer
and other relationships between the Maritz Released Parties, or
any of them, and First Capitol.”
On June 9, 1994, the Maritz Inc. board of directors
considered, authorized, and approved the settlement agreement
signed on the previous day.
3(...continued)
Katherine A. Hobler’s employment with (and termination
of such employment by) Maritz and (b) the termination
of any and all vendor/customer and other relationships
between Maritz and Damian Gerard and any entity with
which he was, is, or hereafter may be, affiliated
(including without limitation First Capitol Printing
Arts, Inc.) * * *.
Page: Previous 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 NextLast modified: May 25, 2011