0000950134-05-007354 Sample Contracts
SETTLEMENT AGREEMENTSettlement Agreement • April 13th, 2005 • Beverly Enterprises Inc • Services-skilled nursing care facilities • Delaware
SETTLEMENT AGREEMENT, dated this 11th day of April, 2005 (the “Agreement”), between Beverly Enterprises, Inc., a Delaware corporation (the “Company”), Arnold M. Whitman (“Mr. Whitman”), Appaloosa Management L.P., Formation Capital LLC, Franklin Mutual Advisers, LLC and Northbrook NBV, LLC (collectively, the “Consortium Members” and each, individually, a “Consortium Member”). Terms used and not otherwise defined herein shall have the meaning attributed to such terms in the Confidentiality Agreement (as defined below).