Common use of CLAIMS OF REPRESENTATIVE PLAINTIFFS AND BENEFITS OF SETTLING Clause in Contracts

CLAIMS OF REPRESENTATIVE PLAINTIFFS AND BENEFITS OF SETTLING. Plaintiffs believe the claims asserted in the Litigation, as set forth in their Class Action Complaint have merit. Plaintiffs and Proposed Settlement Class Counsel recognize and acknowledge, however, the expense and length of continued proceedings necessary to prosecute the Litigation against PHC through motion practice, trial, and potential appeals. Plaintiffs and Proposed Settlement Class Counsel have also considered the uncertain outcome and risk of further litigation, as well as the difficulties and delays inherent in such litigation, especially in complex class actions. Proposed Settlement Class Counsel are highly experienced in class action litigation and very knowledgeable regarding the relevant claims, remedies, and defenses at issue generally in such litigation and in this Litigation. They have determined that the settlement set forth in this Settlement Agreement is fair, reasonable, and adequate, and in the best interests of the Settlement Class.

CLAIMS OF REPRESENTATIVE PLAINTIFFS AND BENEFITS OF SETTLING. Plaintiffs believe the claims asserted in the Litigation, as set forth in their Class Action Complaint Complaint, have merit. Plaintiffs and Proposed Settlement Class Counsel recognize and acknowledge, however, the expense and length of continued proceedings necessary to prosecute the Litigation against PHC PurFoods through motion motions practice, trial, and potential appeals. Plaintiffs and Proposed Settlement Class Counsel have also considered the uncertain outcome and risk of further litigation, as well as the difficulties and delays inherent in such litigation, especially in complex class actionsactions like this. Proposed Settlement Class Counsel are highly experienced in class action litigation and very knowledgeable regarding the relevant claims, remedies, and defenses at issue generally in such litigation and in this Litigation. They Proposed Settlement Class Counsel have determined that the settlement set forth in this Settlement Agreement is fair, reasonable, and adequate, and in the best interests of the Settlement Class.