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This document outlines the settlement between Green Initiative LLC and Greenbrier International, addressing Proposition 65 compliance and penalties related to DEHP exposure.
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A settlement and release agreement is a legal contract between parties that resolves a dispute and releases one or both parties from future claims related to that dispute.
Typically, both parties involved in the dispute are required to file a settlement and release agreement to formalize the terms of the settlement.
To fill out a settlement and release agreement, parties must provide their names, the details of the dispute, the terms of the settlement, and any relevant signatures, dates, and witness information.
The purpose of a settlement and release agreement is to legally conclude a dispute by outlining the terms of the resolution and preventing further claims on the same issue.
The agreement must include the names of the parties, a description of the dispute, the terms of the settlement, consideration provided, and any conditions or warranties.
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