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CLASS ACTION SETTLEMENT AGREEMENT AND RELEASE Chen v. GAP Management Corporation, et al., Case No. BC713402 Waldron v. GAP Management Corporation, et al., Case No. 19STCV03883 This Settlement Agreement
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01
Consult with your attorney to ensure all the terms are fair and legally binding.
02
Fill in the names and contact information of the parties involved in the settlement agreement.
03
Clearly outline the terms of the settlement including the amount to be paid, any specific actions to be taken, and the timeline for completion.
04
Include any additional clauses or provisions that are relevant to the specific case.
05
Have all parties sign and date the agreement, and make copies for each party involved.

Who needs settlement agreement - plaintiff?

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A plaintiff who has reached a resolution with the defendant and wants to formalize the terms of the agreement in writing.
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A settlement agreement is a legally binding contract between a plaintiff and a defendant in a lawsuit, where the plaintiff agrees to resolve the dispute in exchange for compensation or other terms without proceeding to trial.
The plaintiff, or their legal representative, is typically required to file the settlement agreement with the court to formalize the resolution of the case.
To fill out a settlement agreement, the plaintiff should include their name, the names of the parties involved, the terms of the settlement, the amount paid or actions agreed upon, and any other relevant details, followed by signatures from both parties.
The purpose of a settlement agreement is to provide a clear resolution to the dispute, avoiding trial and further legal costs, while ensuring that both parties have agreed on the terms of the settlement.
Essential information includes the names of parties, the claim or dispute details, the settlement terms, payment amounts, any confidentiality clauses, and the date of the agreement.
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