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GENERAL39820
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GENERAL39820
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Last modified
8/24/2016 7:59:10 PM
Creation date
11/23/2007 10:22:36 AM
Metadata
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Template:
DRMS Permit Index
Permit No
C1982056
IBM Index Class Name
General Documents
Doc Name
SETTLEMENT AGGREEMENT
Permit Index Doc Type
STIPULATIONS
Media Type
D
Archive
No
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knowledge, after reasonable investigation, Exhibits A - G list all <br />contractors and contractor violations that are or should be linked to <br />Pittston. <br />7. In consideration of this Agreement, Pittston agrees to pay all <br />the principal amount of AML debt due from its purported contractors <br />listed on Exhibfts B and D, with the total AML debt Pittston agrees to pay <br />for its contractors on those two exhibits under the terms of this <br />Settlement Agreement being 5312,817.26. Pittston further expressly <br />agrees to pay $1 1 7,528.87 in AML fees listed in Exhibit G plus any such <br />additional penaFties and interest which may accrue on Exhibit G under the <br />applicable regulations. <br />8. The total amount of AML fees due from Pittston under this <br />Agreement is $430,346.13 plus the additional penalties and interest <br />which have accrued and will accrue on the fees listed on Exhibit ~,~ Fifty <br />percent of the AML contractor debt, 5156,408.63, shall be paid <br />simultaneously with the execution of this Agreement, with the balance <br />due and payable one year from the date of execution of this Agreement. <br />Interest at the rate of 5.89 per cent per annum shall accrue on the unpaid <br />balance from the date of execution to the date of payment. Interest shall <br />-- Page Number 8 - <br />Rflfl Fih 'TV•1TT-ALl1TCTT Tl noro ao on F~f1 e~ en ns ,..~.n.. <br />
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