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This Settlement Agreement resolves claims against Order Express, Inc. following a ransomware attack that compromised personal information. It outlines the creation of a $1,500,000 settlement fund for affected individuals, detailing the reimbursement for losses, residual cash payments, credit monitoring services, and the claims process for eligible class members. The agreement also establishes the class representation, legal counsel, and procedures for opting out or objecting to the settlement.
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What is settlement agreement?
A settlement agreement is a legally binding contract between parties to resolve a dispute without going to trial.
Who is required to file settlement agreement?
Typically, the parties involved in the dispute are required to file the settlement agreement with the appropriate legal or regulatory authority.
How to fill out settlement agreement?
To fill out a settlement agreement, parties should provide their names, the details of the dispute, the terms of the settlement, and necessary signatures.
What is the purpose of settlement agreement?
The purpose of a settlement agreement is to provide a resolution to a dispute, ensuring that both parties agree to the terms and avoid further litigation.
What information must be reported on settlement agreement?
The settlement agreement must include the names of the parties, description of the dispute, terms of the agreement, payment details, and signatures.
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