📄 Extracted Text (1,339 words)
Reference is made to Section 6 of that certain Settlement Agreement dated
December 14, 2009 (the "Settlement Agreement") by and between
a and Jeffrey Epstein ( "Epstein"), a copy of which is attached as
Exhibit A hereto. Pursuant to Section 6 of the Settlement Agreement, a total of
$40,000 was placed in escrow by Epstein with Jack Goldberger, Esq. (the "Escrow
Agent") to be held and disbursed in accordance with the terms and conditions
provided in said Section 6, which include, in relevant, part the following:
... The [Escrow] account shall be maintained (or a period of 3 years following the execution
of this Agreement. Each party shall be deemed to have earned one-half of any interest
earned on said Escrow Account and shall pay any taxes due on their share of the interest..
In the event that either party breaches the confidentiality provisions of this
Agreement at any time prior to the third anniversary date of the execution of this
Agreement, then all of the funds held in said Escrow Account, including any accrued interest,
shall be paid to the non-breaching part [sic] as liquidated damages for breach of the
confidentiality of this Agreement
If neither party breaches the confidentiality provisions of this Agreement prior to
the third anniversary date of this Agreement, then the entire amount held in said escrow,
including any accrued interest, shall be paid to upon the third anniversary date of this
Agreement ..
acknowledges that the third anniversary date of the execution of the
Settlement Agreement is December 14, 2012 (the "Disbursement Date"), and that
the $40,000 held in escrow with the Escrow Agent pursuant to Section 6 of the
Settlement Agreement (the "Escrow Fund") heretofore has not been disbursed.
acknowledges that she shall not be entitled to receive disbursement of the
Escrow Fund if has heretofore breached the confidentiality provisions
contained in the Settlement Agreement. hereby requests that on the
Disbursement Date the Escrow Fund, together with all interest accrued thereon, be
disbursed from escrow to or for benefit in accordance with the
disbursement directions hereinafter provided. In order to assure the Escrow Agent
and Epstein that is entitled to the disbursement of the Escrow Fund, and as
material inducement to the Escrow Agent to disburse the Escrow Fund, and to
Epstein to refrain from making an attempt to legally enjoin such disbursement, in
accordance with said directions, hereby represents and warrants to the Escrow
Agent and Epstein that heretofore has not breached the confidentiality
provisions contained in the Settlement Agreement, and without limiting the
generality of the foregoing, more specifically, represents and warrants as follows:
1. Commencing on the date that signed the Settlement Agreement,
has kept the Settlement Agreement and the terms and the amount of the
settlement contemplated thereby strictly confidential.
2. has/ has not [check one] heretofore disclosed the
Settlement Agreement or the terms or amount of the settlement contemplated
thereby to a third party. If has heretofore disclosed the same to any third
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party, further represents and warrants that such disclosure was only made
under one of the following exceptions:
(a) _ did / did not [check one] heretofore disclose the same
to a third party because and to the extent that such disclosure was required by law.
(b) did /_ did not [check one] heretofore disclose the same
to a third party because and to the extent such disclosure was necessary in
connection with medical treatment, legal, financial, accounting or tax services, or
appropriate tax reporting purposes (but only to the extent that such disclosure was
necessary).
(c) did /_ did not [check one] heretofore disclose the same
to a third party because such disclosure was in response to a validly issued
subpoena from a governmental or regulatory agency.
3. If did heretofore disclose the same to a third party pursuant to
one of the foregoing exceptions, represents and warrants that each third party
to whom such disclosure was made pursuant to one of the foregoing exceptions, was
required by M, prior to such disclosure, to sign a document in which such third
party acknowledged that such third party is aware of the confidentiality provisions
contained in the Settlement Agreement, agreed to be bound by the same (including
the provisions contained in the Settlement Agreement relating to the enforcement of
the confidentiality provisions), and agreed to submit itself to the jurisdiction of the
Federal Court in the "pending lawsuit" which was settled by the Settlement
Agreement (or if the Federal Court does not retain jurisdiction, then to the
jurisdiction of the Circuit Court of the Fifteenth Judicial Circuit in and for Palm
Beach County). Attached hereto is a list of all the third parties, if any, to whom
has heretofore disclosed the same, and true and correct copies of all such
documents, if any, signed by such third parties.
4. has/_ has not [check one] heretofore provided a copy, in
whole or in part, or in any form, of the Settlement Agreement to a third party. If
has heretofore provided a copy, in whole or in part, or in any form, of the
Settlement Agreement to a third party, then represents and warrants that such
provision was only made under one of he following exceptions:
(a) has/_ has not heretofore provided a copy, in whole or in
part, or in any form, of the Settlement Agreement to a third party because and to the
extent that such provision was required by law or rule.
(b) has/_ has not heretofore provided a copy, in whole or in
part, or in any form, of the Settlement Agreement to a third party because and to the
extent that such provision was required in response to a validly issued subpoena
from a governmental or regulatory agency.
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5. acknowledges that under the provisions of the Settlement
Agreement, was not permitted to be provided a copy of the Settlement
ement prior to the Disbursement Date, and represents and warrants that
ifi did not receive or possess a copy of the same prior to the Disbursement Date.
6. has not heretofore used or disclosed the Settlement Agreement,
or a copy thereof, or the terms thereof, in any court, arbitration or legal proceeding.
7. has not heretofore been served with a valid subpoena, court
order, government agency order or subpoena, or other compulsory legal process,
pursuant to which disclosure of the Settlement Agreement, the settlement amount,
or other terms thereof was requested, or production of the Settlement Agreement
was requested.
8. Commencing with the date of execution of the Settlement
Agreement, has not made any statement regarding the settlement
contemplated by the Settlement Agreement to any person (other than to legal
counsel) except that "This matter has been resolved".
understands and acknowledges that the Escrow Agent and Epstein are relying
on representations and warranties contained herein, that the Escrow Agent
would not disburse the Escrow Fund as requested by in the absence of such
representations and warranties, and that Epstein is refraining from making any
attempt to legally enjoin such disbursement based on such representations and
warranties.
hereby requests and authorizes the Escrow Agent, on the Disbursement
Date, to disburse the Escrow Fund, to ether with all accrued interest thereon, for
the benefit of by delivering to counsel, Richard H. Willits, Esq.,
MI IMM a check in an amount equal
to the sum of the Escrow Fund, lus all accrued interest thereon, made payable to
the order of mother, and that upon delivery of such
check to Richard H. Willits, Esq., a ot he scrow gent'ss obligations under Section
6 of the Settlement Agreement to disburse the Escrow Fund, and all accrued interest
thereon, will have been discharged and satisfied in full.
Dated: December _, 2012.
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EFTA01090472
STATE OF FLORIDA
COUNTY OF PALM BEACH )
BEFORE ME, the undersigned authority, personally appeared
who is personally known to me or has produced
as identification, and executed the foregoing instrument.
WITNESS my hand and official seal this day December, 2012.
Notary Public
Print Name:
Commission No.:
My Commission Expires:
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EFTA01090473
ℹ️ Document Details
SHA-256
932afc03105d653abb9f4e17141d09820cdde475e25410eb75728936e838a56f
Bates Number
EFTA01090470
Dataset
DataSet-9
Document Type
document
Pages
4
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