Common use of KIA Clause in Contracts

KIA. 2012-2013 Rio, 2012-2013 Sorento 4 cylinder GDI, 2012-2013 Soul, 2012-2013 Sportage or 2011- 2012 Optima Hybrid. The lawsuits allege that the Class Vehicles were advertised with incorrect fuel economy ratings. The defendants deny these allegations and deny any liability or wrongdoing. The court has not taken any position as to the truth or merits of the claims or defences by either side. A settlement agreement has been reached that settles all litigation in Canada relating in any way to the represented or actual fuel economy characteristics of the Class Vehicles, subject to court approval. The Defendants, while not admitting liability, will make lump sum settlement benefits available to persons who owed or leased a Class Vehicle before November 2, 2012. Certain groups are excluded from the settlement, such as certain vehicle fleet owners and persons who have previously executed a release in favour of Hyundai Auto Canada Corp., Hyundai Motor America, Inc., Kia Canada Inc. and Kia Motors America, Inc. If you purchased or leased a Class Vehicle you should immediately review the full legal notice in this matter to ensure you understand your legal rights. A copy of the full legal notice may be viewed at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇. It can also be obtained by contacting class counsel as listed below. Settlement approval hearings have been scheduled for , Montreal, Quebec (for residents of Quebec) and for at 10:00 a.m. in the City of London, at ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ (for residents of any other Province or Territory of Canada). At these hearings, the courts will determine Publication of this notice has been authorized by the Ontario Superior Court of Justice and the Superior Court of Quebec. THE HONOURABLE ) JUSTICE ) DAY OF , ▇▇▇▇ ▇ ▇ ▇ ▇ ▇ ▇ ▇: THIS MOTION, made by the Plaintiff for an order approving the settlement of this proceeding (the “Action”) in accordance with a Settlement Agreement dated , 2013 attached to this Order as Schedule “A” (the “Settlement Agreement”), and dismissing the Action was heard this day at the court house, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇.

KIA. 2012-2013 Rio, 2012-2013 Sorento 4 cylinder GDI, 2012-2013 Soul, 2012-2013 Sportage or 2011- 2012 Optima Hybrid. The lawsuits allege that the Class Vehicles were advertised with incorrect fuel economy ratings. The defendants deny these allegations and deny any liability or wrongdoing. The court has not taken any position as to the truth or merits of the claims or defences by either side. A settlement agreement has been reached that settles all litigation in Canada relating in any way to the represented or actual fuel economy characteristics of the Class Vehicles, subject to court approval. The Defendants, while not admitting liability, will make lump sum settlement benefits available to persons who owed or leased a Class Vehicle before November 2, 2012. Certain groups are excluded from the settlement, such as certain vehicle fleet owners and persons who have previously executed a release in favour of Hyundai Auto Canada Corp., Hyundai Motor America, Inc., Kia Canada Inc. and Kia Motors America, Inc. If you purchased or leased a Class Vehicle you should immediately review the full legal notice in this matter to ensure you understand your legal rights. A copy of the full legal notice may be viewed at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇. It can also be obtained by contacting class counsel as listed below. Settlement approval hearings have been scheduled for _ , Montreal▇▇▇▇▇▇▇▇, Quebec ▇▇▇▇▇▇ (for residents of Quebec) and for at 10:00 a.m. in the City of London, at ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ (for residents of any other Province or Territory of Canada). At these hearings, the courts will determine whether the settlement agreement is fair, reasonable and in the best interests of class members. If the settlements are approved, the British Columbia and Saskatchewan actions will be discontinued. All written submissions received by class counsel listed below prior to _ will be considered at the settlement approval hearing. Publication of this notice has been authorized by the Ontario Superior Court of Justice and the Superior Court of Quebec. THE HONOURABLE ) JUSTICE ) DAY OF , ▇▇▇▇ ▇ ▇ ▇ ▇ ▇ ▇ ▇: THIS MOTION, made by the Plaintiff for an order approving the settlement of this proceeding (the “Action”) in accordance with a Settlement Agreement dated , 2013 attached to this Order as Schedule “A” (the “Settlement Agreement”), and dismissing the Action was heard this day at the court house, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇.