Common use of CLASS ACTION SETTLEMENT AGREEMENT Clause in Contracts

CLASS ACTION SETTLEMENT AGREEMENT. This Class Action Settlement Agreement (the “Agreement” or “Settlement”) is made and entered into by and among the following parties, as hereinafter defined: (1) Plaintiff ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Peni (collectively “Plaintiff” or “Named Plaintiff”), on behalf of herself and the Settlement Class Members, and (2) Defendant Daily Harvest, Inc., and (3) Defendant Second Bite Foods, Inc., d/b/a “Stone Gate Foods” (the “Settling Defendants” and together with Plaintiff, the “Settling Parties” or “Parties”). Subject to the Court’s approval, the Parties hereby stipulate and agree that, in consideration of the promises and covenants set forth in the Agreement and upon the occurrence of the Effective Date, this class action lawsuit shall be settled, compromised, and dismissed upon the terms and conditions contained herein.