Stack-On definition
Examples of Stack-On in a sentence
Stack-On shall pay an initial civil penalty in the amount of $6,000 on or before the Effective Date.
Nothing in this Settlement Agreement shall be construed as an admission by Stack-On of any fact, finding, issue of law or violation of law; nor shall compliance with this Settlement Agreement constitute or be construed as an admission by Stack-On of any fact, finding, conclusion, issue of law or violation of law.
Stack-On expressly waives and relinquishes any and all rights and benefits which it may have under, or which may be conferred on it by, the provisions of Civil Code § 1542 as well as under any other state or federal statute or common law principle of similar effect, to the fullest extent that it may lawfully waive such rights or benefits pertaining to the released matters.
The final civil penalty shall be waived in its entirety, however, if, no later than June 1, 2015, an officer of Stack-On provides Held with written certification that, as of the date of such certification and continuing into the future, Stack-On has met the reformulation standard specified in Section 2.1 above, such that all Products manufactured, imported, distributed, sold and offered for sale in California by Stack-On are Reformulated Products.
Stack-On also provides a general release herein which shall be effective as a full and final accord and satisfaction, as a bar to all actions and causes of action, obligations, costs, expenses, attorneys’ fees, damages, losses, claims, liabilities and demands of any nature, character or kind, known or unknown, suspected or unsuspected, against Held arising out of the Notice or related enforcement activity.
Held alleges that Stack-On has manufactured, imported, distributed and/or sold in the State of California vinyl/PVC cables used to secure cases containing Di(2-ethylhexyl)phthalate (“DEHP”).
Held, Ph.D., P.E. (“Held”) and Stack-On Products Co. (“Stack-On”), with Held and Stack-On collectively referred to as the “Parties.” Held is an individual residing in California who seeks to promote awareness of exposures to toxic chemicals and to improve human health by reducing or eliminating hazardous substances contained in consumer products.
Alternatively, Stack-On may provide warning signs in the form below to its customers in California with instructions to post the warnings in close proximity to the point of display of the Products.
The release matters, in the instant case, being limited to unwarned exposures to DEHP contained in the Products sold by Stack-On.
As of February 1, 2015, Stack-On shall not manufacture, import, distribute, sell or offer the Products for sale in the State of California unless they are Reformulated Products pursuant to Section 2.1 above, or shall carry the Proposition 65 warnings specified in Section 2.3 below.