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Res 2023-071/authorizing the submission of four Subdivision Participation Forms to the Office of the Attorney General of the State of Texas to secure the City’s participation in settlement of additional class action
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Res 2023-071/authorizing the submission of four Subdivision Participation Forms to the Office of the Attorney General of the State of Texas to secure the City’s participation in settlement of additional class action
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4/24/2023 1:34:44 PM
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4/12/2023 2:34:44 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
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2023-71
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EXHIBIT K <br /> Subdivision Participation Form <br /> Governmental Entity: c )4sciX( C-,�-;, State: - <br /> Authorized Official: <br /> Address 1: (0 <br /> Address 2: <br /> City, State,Zip: <br /> Phone: <br /> Email: <br /> The governmental entity identified above("Governmental Entity"), in order to obtain and in <br /> consideration for the benefits provided to the Governmental Entity pursuant to the Settlement <br /> Agreement dated November 14,2022("Walmart Settlement"), and acting through the undersigned <br /> authorized official,hereby elects to participate in the Walmart Settlement,release all Released Claims <br /> against all Released Entities, and agrees as follows. <br /> 1. The Governmental Entity is aware of and has reviewed the Walmart Settlement,understands <br /> that all terms in this Election and Release have the meanings defined therein, and agrees that <br /> by this Election,the Governmental Entity elects to participate in the Walmart Settlement and <br /> become a Participating Subdivision as provided therein. <br /> 2. The Governmental Entity shall promptly,and in any event within 14 days of the Effective <br /> Date and prior to the filing of the Consent Judgment, dismiss with prejudice any Released <br /> Claims that it has filed. With respect to any Released Claims pending in In re National <br /> Prescription Opiate Litigation,MDL No. 2804,the Governmental Entity authorizes the <br /> Plaintiffs' Executive Committee to execute and file on behalf of the Governmental Entity a <br /> Stipulation of Dismissal With Prejudice substantially in the form found at <br /> httl)s://nationalol)ioidsettlement.com/. <br /> 3. The Governmental Entity agrees to the terms of the Walmart Settlement pertaining to <br /> Subdivisions as defined therein. <br /> 4. By agreeing to the terms of the Walmart Settlement and becoming a Releasor,the <br /> Governmental Entity is entitled to the benefits provided therein, including, if applicable, <br /> monetary payments beginning after the Effective Date. <br /> 5. The Governmental Entity agrees to use any monies it receives through the Walmart <br /> Settlement solely for the purposes provided therein. <br /> 1 10, <br />
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