Common use of Special Master Clause in Contracts

Special Master. The individual or entity appointed by the Court in the Federal Litigation and the State Litigation pursuant to ¶ 3.b. of this Agreement, who shall have the duties described in Exhibits K and L to this Agreement. State Litigation – The consolidated cases currently styled ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, et al., v Macatawa Bank and Macatawa Bank Corp., Kent County Circuit Court Case No. 06-11707-CZ, pending in the Kent County Circuit Court, Grand Rapids, Michigan. Third- Party/Counter-defendants – Brokers (also known as Sales Associates) who sold Trade Partners, Inc.‘s investments to Plaintiffs, and others who received commissions from Trade Partners, Inc. The Third-Party/Counter-defendants in the Entire Action are listed on Exhibit B to this Agreement. Warrants – Warrants to purchase common stock of Macatawa Bank Corp., as more fully described in ¶ 3.a.iv. of the Agreement.