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6. On Ilexmbv 2, 1993, C..,. filed oo amaWed proof o! claim (Claim No. 13 <br />on the pout oonfuma6aa ,.i.:m. rcgiav) along with ^ response b the Noveraba 2, 1993 <br />objection. <br />7. On Pebnury 25, 1994. C&W rod Cruz adored into a Stipulation Regarding <br />Pmadune for Ilquidatiao of (]aim of ].firbad Cntz ((]aim No. 13 ou the pout canfuvudw <br />claims regiuu) (the •S6pulatim'). <br />8. Puratud b the StipuWim, C.teW and Cmz agnxd flat Cruz ceuW seeY <br />1'gvNatieu of his rJalm io the lawwit fried by Cwz io the United Sates Dimiu Cocut for the <br />Diu+itt of CaJorado, Case No. 92-l1-11, aM upon liquidatidsr, Cruz eculd fde an anrnded <br />psaof of rJalm iu thls Cour4 which rJaim ooWd be paid is aooordaua with the prwidau of <br />the tonfimted Mau in Wis rate. <br />9. The StipulaGOO further provided that the patties cauW oesoCare b settle Cruz' <br />rLim, but That any setllertteot agrerorent would be subject b orrice and haring in tltis <br />Coutt <br />lo. to attordarata wiW 16e StipulaCaa a rtial wu brJd b We United State Dittritt <br />Cant fat the I)Wricl of C.olorad0 nod, ao tune 13, 1994 that Coup radaM a Judgmat iu <br />favor of CYnz tad against CkW hs the amauat of 5684,900, plus Intetett and aorta (the <br />'Coleado ltdgntmC). A ropy of the Colorado lodgment B attaehad heaao u Sahibit B. <br />1l. ThaaBe C&W filed to appal of the ludgmbr ud while the appal war <br />paling C&W and Ono agreed b atde and compromises Croz' claim u evidatccd by the <br />Release and Waives of Rights (the'ReJaae and Waiver') ezenroed by Csus_ <br />12. The prinrupal tame of the RrJase and Waives are wmmuized u follows: <br />L CdcW dull pay C,.,, 5637, 125.35; <br />b. W ooneiderarim of runt payment, Cruz, on hie own behal(and on <br />behalf of Ilia hero, ittrJuding but nor limited b, hif wife, ch0dren, exaubn, adminitoatocs, <br />torte, suasuoaa and assigm, relam and fomv discharges CAW, the Ncw Colorado & <br />Wyoming Railway Company, Reorganized CFdcI Sled Corporation, and any companies or <br />enGtin fomtaly affiliated with eithv C&W or Reorganired CF&1 Sled Corporation Uul <br />wore debtor W the cares jointly admininaM undo In R: CF&I Fabriaron of Utah_ Inc., <br />Bsnlouptcy No. 90B-26721; <br />e. The Cabtado JudSment will 6e fully paid. satisfied and discharged. <br />d. To safisfy Cruz' obligation b the Railroad Retirement Bond, CdcW <br />will withhold from the settkntart proctada the sum b which the Railroad Retiament Board <br />is a6tlcd. <br />C. The Releate arld Waives is wbject b Bankwplcy Court approval. <br />Refaezioe is nude b the Rdase and Waives which includes all tams of the uhlement in <br />their emirety. To tlm accent of any iomctdstesay betw«n the above wmmary sad the <br />st^i y, and Waives the loner shall groan. <br />I3. The Cruz claim wiN reepea b which seblement is bring caught is paNally <br />covered by inwryice coverage dal provide fora (250,000 deductible, which includes orris <br />inc,trrod br C&W in defence of the Cruz claim. At Chia rime ('AW alnnrly has ezoalded <br />approximately 5133,500.00 in auotneys fees and costs, including cosu incurred in mnnecnon <br />3 4 <br />