Common Contracts

1 similar null contracts

STIPULATION AND AGREEMENT OF SETTLEMENT
July 1st, 2020
  • Filed
    July 1st, 2020

This Stipulation and Agreement of Settlement (together with the exhibits hereto, the “Stipulation”) is made and entered into by and between Court-appointed Lead Plaintiff Mark Nelson (“Lead Plaintiff”) on behalf of himself and the Class (as defined below), and Defendants United Microelectronics Corporation (“UMC” or the “Company”) and certain of its current and former officers and/or directors, including Shan-Chieh Chien, Jason Wang, Po- Wen Yen, and Chitung Liu (collectively with UMC, “Defendants”), by and through their respective counsel of record in the above-captioned litigation pending in the United States District Court for the Southern District of New York (the “Court”).1 The Stipulation is intended by Lead Plaintiff and Defendants (collectively, the “Parties” ) to fully, finally, and forever resolve, discharge, release and settle the Settled Claims (as defined below) upon and subject to the terms and conditions hereof and subject to the Court’s approval.

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