Common use of Agreement Voidable Clause in Contracts

Agreement Voidable. This Agreement is part of a Settlement Program as set out in the Settlement Agreement Between ▇▇▇▇▇▇, Inc., And Claimant’s Liaison Counsel (“Settlement Program Agreement”). Consistent with the terms of the Settlement Program Agreement, ▇▇▇▇▇▇’▇ obligations under this Agreement are conditioned on the fulfillment of one of the following conditions. (a) Plaintiff has accepted ▇▇▇▇▇▇’▇ offered award without mediation under the Settlement Program Agreement, and 90% of registered Eligible Claimants completed categorization and accepted ▇▇▇▇▇▇’▇ offered settlement award without mediation; or, (b) Plaintiff has requested mediation under the Settlement Program Agreement, 90% of registered Eligible Claimants completed categorization and accepted ▇▇▇▇▇▇’▇ offered settlement award without mediation, and 67% of Eligible Claimants accept a settlement award offer made at mediation by September 29, 2017. If the applicable condition is not fulfilled, Zimmer may, at its sole discretion, void this Agreement. Also, if Plaintiff’s counsel has failed to register all Eligible Claimants Plaintiff’s counsel represents or if less than 90% of the Eligible Claimants represented by Plaintiff’s counsel complete the categorization process and accept ▇▇▇▇▇▇’▇ offer without mediation, Zimmer may, at its sole discretion, void or otherwise terminate this Agreement. Plaintiff has no right or authority to void or otherwise terminate this Agreement once executed.

Appears in 1 contract

Sources: Settlement Agreement

Agreement Voidable. This Agreement is part of a Settlement Program as set out in the Settlement Agreement Between ▇▇▇▇▇▇, Inc., And Claimant’s Liaison Counsel (“Settlement Program Agreement”). Consistent with the terms of the Settlement Program Agreement, ▇▇▇▇▇▇’▇ obligations under this Agreement are conditioned on the fulfillment of one of the following conditions. (a) Plaintiff has Plaintiffs have accepted ▇▇▇▇▇▇’▇ offered award without mediation under the Settlement Program Agreement, and 90% of registered Eligible Claimants completed categorization and accepted ▇▇▇▇▇▇’▇ offered settlement award without mediation; or, (b) Plaintiff has Plaintiffs have requested mediation under the Settlement Program Agreement, 90% of registered Eligible Claimants completed categorization and accepted ▇▇▇▇▇▇’▇ offered settlement award without mediation, and 67% of Eligible Claimants accept a settlement award offer made at mediation by September 29, 2017. If the applicable condition is not fulfilled, Zimmer may, at its sole discretion, void this Agreement. Also, if Plaintiff’s Plaintiffs’ counsel has failed to register all Eligible Claimants Plaintiff’s Plaintiffs’ counsel represents or if less than 90% of the Eligible Claimants represented by Plaintiff’s Plaintiffs’ counsel complete the categorization process and accept ▇▇▇▇▇▇’▇ offer without mediation, Zimmer may, at its sole discretion, void or otherwise terminate this Agreement. Plaintiff has Plaintiffs have no right or authority to void or otherwise terminate this Agreement once executed.

Appears in 1 contract

Sources: Settlement Agreement

Agreement Voidable. This Agreement is part of a Settlement Program as set out in the Settlement Agreement Between ▇▇▇▇▇▇, Inc., And Claimant’s Liaison Counsel (“Settlement Program Agreement”). Consistent with the terms of the Settlement Program Agreement, ▇▇▇▇▇▇’▇ obligations under this Agreement are conditioned on the fulfillment of one of the following conditions. (a) Plaintiff Claimant has accepted ▇▇▇▇▇▇’▇ offered award without mediation under the Settlement Program Agreement, and 90% of registered Eligible Claimants completed categorization and accepted ▇▇▇▇▇▇’▇ offered settlement award without mediation; or, (b) Plaintiff Claimant has requested mediation under the Settlement Program Agreement, 90% of registered Eligible Claimants completed categorization and accepted US.104830706.01 ▇▇▇▇▇▇’▇ offered settlement award without mediation, and 67% of Eligible Claimants accept a settlement award offer made at mediation by September 29, 2017. If the applicable condition is not fulfilled, Zimmer may, at its sole discretion, void this Agreement. Also, if PlaintiffClaimant’s counsel has failed to register all Eligible Claimants PlaintiffClaimant’s counsel represents or if less than 90% of the Eligible Claimants represented by PlaintiffClaimant’s counsel complete the categorization process and accept ▇▇▇▇▇▇’▇ offer without mediation, Zimmer may, at its sole discretion, void or otherwise terminate this Agreement. Plaintiff Claimant has no right or authority to void or otherwise terminate this Agreement once executed.

Appears in 1 contract

Sources: Settlement Agreement