0000709804-07-000046 Sample Contracts

SETTLEMENT AGREEMENT
Agreement • October 31st, 2007 • Adaptec Inc • Computer communications equipment • Delaware

THIS SETTLEMENT AGREEMENT (the "Agreement") is dated as of October 26, 2007 (the "Effective Date") by and among Adaptec, Inc., a Delaware corporation (the "Company"), Steel Partners, L.L.C., a Delaware limited liability company ("Steel Partners"), and Steel Partners II, L.P., a Delaware limited partnership ("Steel II" and, together with Steel Partners, "Steel").

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