EX-10.2
Compass Diversified Holdings
NOTHING CONTAINED IN THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE SHALL BE AN ADMISSION OF FACT OR LIABILITY OR, UNTIL THE OCCURRENCE OF THE EFFECTIVE DATE ON THE TERMS DESCRIBED IN THIS AGREEMENT, DEEMED BINDING ON ANY OF THE PARTIES TO THIS AGREEMENT.
SETTLEMENT AGREEMENT AND MUTUAL RELEASE
This SETTLEMENT AGREEMENT AND MUTUAL RELEASE (this, “Agreement”) is made and entered into by and among (i) Lugano Diamonds & Jewelry Inc., (ii) Lugano Buyer, Inc., (iii) K.L.D. Jewelry, LLC, (iv) Lugano Prive, LLC, (v) Lugano Holding, Inc. (together with the entities identified in (i)-(iv), the “Debtors”), (vi) Compass Diversified Holdings (“CODI Parent”); (vii) Compass Group Diversified Holdings LLC (“CODI”), (viii) Compass Group Management LLC (“CGM”), (ix) Sostratus, LLC (“Sostratus”), and (x) the Official Committee of Unsecured Creditors of the Debtors (the “UCC”). The Debtors, CODI, CGM, Sostratus, and the UCC are each referred to herein individually as a “Party” and collectively as the “Parties.”
RECITALS
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