Point Blank Solution – Stipulation and Agreement of Settlement (October 1st, 2007)
This Stipulation and Agreement of Settlement (the Stipulation), dated as of November 30, 2006, is made and entered into pursuant to Rules 23 and 23.1 of the Federal Rules of Civil Procedure and contains the terms of a settlement (the Settlement), initially outlined in a Memorandum of Understanding, dated as of July 12, 2006 (MOU), (a) by and among the Class Defendants (as defined below in Section IV, P1 as are other capitalized terms herein, except as otherwise noted) and the Class Plaintiffs, on behalf of themselves and Members of the Class in connection with In re DHB Industries, Inc. Sec. Litig., No. CV 05-4296(JS)(ETB) (the Class Action), pending in the United States District Court, Eastern District of New York (the Court); and (b) by and among the Derivative Defendants and the Derivative Plaintiff, derivatively and on behalf of DHB Industries, Inc. (DHB or the Company), in connection with In re DHB Industries, Inc. Derivative Litigation, No. CV 05-4345(JS)(ETB) (the Derivative Act
Point Blank Solution – Agreement of Insureds (October 1st, 2007)
AGREEMENT OF INSUREDS, dated as of July 27, 2006 (the Agreement) by and among DHB Industries Inc. (DHB), David H. Brooks, Sandra Hatfield, Dawn M. Schlegel, Cary Chasin, Jerome Krantz, Gary Nadelman, Barry Berkman, and Gen. (Ret.) Larry R. Ellis (all of the foregoing, together with DHB, being collectively referred to herein as the Insureds).