Common use of Both Parties Recognize the Benefits of Settlement Clause in Contracts

Both Parties Recognize the Benefits of Settlement. Both Parties recognize and acknowledge the expense and amount of time that would be required to continue to pursue the Action, as well as the uncertainty, risk and difficulties of proof inherent in prosecuting and/or defending such claims. Both Parties have concluded that it is desirable that the Action and any Released Claims be fully and finally settled and released as set forth in this Settlement. Plaintiffs and Class Counsel believe that the agreement set forth in this Settlement confers substantial benefits upon the Class and is in the best interests of individual Class Members.

Both Parties Recognize the Benefits of Settlement. Both Parties recognize and acknowledge the expense and amount of time that would be required to continue to pursue the Action, as well as the uncertainty, risk and difficulties of proof inherent in prosecuting and/or defending such claims. Both Parties have concluded that it is desirable that the Action and any Released Claims be fully and finally settled and released as set forth in this SettlementAgreement. Plaintiffs Plaintiff and Class Counsel believe that the agreement set forth in this Settlement Agreement confers substantial benefits upon the Class and is in the best interests of individual Class Members.

Both Parties Recognize the Benefits of Settlement. Both Parties recognize and acknowledge the expense and amount of time that would be required to continue to pursue the ActionLitigation, as well as the uncertainty, risk risk, and difficulties of proof inherent in prosecuting and/or defending such the claims. Both Parties have concluded that it is desirable that the Action Litigation and any Released Claims be fully and finally settled and released as set forth in this Settlement. Plaintiffs Plaintiff and Class Plaintiff’s Counsel believe that the agreement set forth in this Settlement confers substantial benefits upon the Settlement Class and is in the best interests of individual Class Members.