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This document outlines a Settlement Agreement and Release between The Chemical Toxin Working Group Inc. dba Healthy Living Foundation Inc. (HLF) and NHS U.S. LLC, the successor to The Nature’s Bounty Co. The agreement resolves all claims related to the sale of Nature’s Bounty Valerian Root dietary supplement in compliance with California’s Proposition 65. The Parties agree on the cessation of direct sales to consumers in California, payment settlements, and mutual releases of claims.
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What is settlement agreement and release?
A settlement agreement and release is a legally binding document where parties involved in a dispute agree to resolve the matter and release each other from future claims related to that issue.
Who is required to file settlement agreement and release?
The parties involved in the dispute who reach an agreement must file the settlement agreement and release.
How to fill out settlement agreement and release?
To fill out a settlement agreement and release, parties should provide details about the dispute, outline the terms of the settlement, and include signatures of all parties involved.
What is the purpose of settlement agreement and release?
The purpose of a settlement agreement and release is to formalize the resolution of a dispute, ensuring that all parties agree to the terms and release each other from further liability.
What information must be reported on settlement agreement and release?
Information that must be reported includes the names of the parties, the nature of the dispute, the terms of the settlement, and any financial considerations involved.
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