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Various WA Local Governments 9/21/2022
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Various WA Local Governments 9/21/2022
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Last modified
2/26/2024 7:10:18 AM
Creation date
9/30/2022 2:40:54 PM
Metadata
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Template:
Contracts
Contractor's Name
Various WA Local Governments
Approval Date
9/21/2022
Council Approval Date
9/14/2022
Department
Legal
Department Project Manager
Ramsey Ramerman
Subject / Project Title
Settlement Agreement Opioid Distributors
Tracking Number
0003472
Total Compensation
$0.00
Contract Type
Agreement
Contract Subtype
Interlocal Agreements
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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that reason, (i) Settling Distributors agree to treat the State of Washington as satisfying the <br /> deadlines set forth in Section VIII of the Global Settlement provided that the State of <br /> Washington satisfies its obligations set forth in this Section II and(ii)the State of <br /> Washington agrees to treat Settling Distributors as having satisfied all notice obligations <br /> under Section VIII.B of the Global Settlement as to the State of Washington. <br /> 2. The State of Washington shall deliver all signatures and releases required <br /> by the Agreement to be provided by the Settling States to the Settling Distributors by <br /> September 30,2022. This Section II.A.2 supersedes the deadline for delivering those <br /> signatures and releases set forth in Section VIII.A.1 of the Global Settlement. <br /> B. Agreement with Enforcement Committee. This Agreement shall not become <br /> effective unless the Enforcement Committee and the Settling Distributors execute the Enforcement <br /> Committee Agreement. If the Enforcement Committee Agreement is not executed by June 1, 2022, <br /> the State of Washington and Settling Distributors will promptly negotiate an agreement that mirrors <br /> the Global Settlement to the extent possible and with a credit of$1,000,000 to Settling Distributors <br /> to account for possible credits the Settling Distributors would have received under Section V of this <br /> Agreement from the State Cost Fund and the Litigating Subdivision Cost Fund of the Global <br /> Settlement and to be deducted from the Year 7 payment described in Section V.B.1 and Section <br /> V.C.g of this Agreement. <br /> C. Participation by Subdivisions. If the condition in Section II.B has been satisfied, <br /> this Agreement shall become effective upon one of the following conditions being satisfied: <br /> 1. All Litigating Subdivisions in the State of Washington and ninety percent <br /> (90%) of Non-Litigating Primary Subdivisions (calculated by population pursuant to the <br /> Global Settlement) in the State of Washington must become Participating Subdivisions by <br /> September 23, 2022. <br /> 2. If the condition set forth in Section II.C.1 is not met, the Settling <br /> Distributors shall have sole discretion to accept the terms of this Agreement, which shall <br /> become effective upon notice provided by the Settling Distributors to the State of <br /> Washington. If the condition set forth by Section II.C.1 is not met and Settling Distributors <br /> do not exercise discretion to accept this Agreement,this Agreement will have no further <br /> effect and all releases and other commitments or obligations contained herein will be void. <br /> D. Dismissal of Claims. Provided that the conditions in Sections II.B and II_C have <br /> been satisfied, the State of Washington shall file the Consent Judgment described in Section I.N of <br /> the Global Settlement and attached hereto as Exhibit G("Washington Consent Judgment")with the <br /> King County Superior Court("Washington Consent Judgment Court") on or before November 1, <br /> 2022. This Section II.C.2 supersedes the deadline for submitting a Consent Judgment set forth in <br /> Section VIII.B of the Global Settlement. In the event that the Court declines to enter the <br /> Washington Consent Judgment, each Settling Distributor shall be entitled to terminate the <br /> Agreement as to itself and shall be excused from all obligations under the Agreement, and if a <br /> Settling Distributor terminates the Agreement as to itself, all releases and other commitments or <br /> obligations contained herein with respect to that Settling Distributor will be null and void. The date <br /> of the entry of the Washington Consent Judgment shall be the effective date of this Agreement <br /> 2 <br />
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