EARLIEST PAYMENT DATE | MAXIMUM AMOUNT AND DESCRIPTION | SETTLEMENT AGREEMENT REFERENCE / NOTES | ||||||
Within 30 days of Settlement | $50,000,000 (Initial Settlement Payment)1 | § 11.1 – Administrative costs to be paid from this payment as reasonable and necessary. | ||||||
January 15, 2028 [or 30 days after the exhaustion/waiver of Termination Rights, whichever is later] | $1,045,000,000 (first installment of Main Settlement Payment) | § 11.2.1 | ||||||
April 15, 2029 | $34,000,000 (first potential Reserve Fund payment) | § 11.5 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
July 15, 2029 | $1,045,000,000 (second installment of Main Settlement Payment) | § 11.2.2 | ||||||
July 15, 2029 | $125,000,000 (potential Second Participation Threshold payment) | § 11.3.1 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
April 15, 2030 | $68,000,000 (second potential Reserve Fund payment) | § 11.5 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
July 15, 2030 | $1,045,000,000 (third installment of Main Settlement Payment) | § 11.2.3 | ||||||
EARLIEST PAYMENT DATE | MAXIMUM AMOUNT AND DESCRIPTION | SETTLEMENT AGREEMENT REFERENCE / NOTES | ||||||
July 15, 2030 | $125,000,000 (potential Third Participation Threshold payment) | § 11.3.2 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
January 15, 2031 | $1,045,000,000 (fourth installment of Main Settlement Payment) | § 11.2.4 | ||||||
April 15, 2031 | $68,000,000 (third potential Reserve Fund payment) | § 11.5 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
April 15, 2031 | $50,000,000 (potential first Bonus Payment) | § 11.4.1 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
April 15, 2032 | $68,000,000 (fourth potential Reserve Fund payment) | § 11.5 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
April 15, 2032 | $50,000,000 (potential second Bonus Payment) | § 11.4.2 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
July 15, 2032 | $1,045,000,000 (fifth installment of Main Settlement Payment) | § 11.2.5 | ||||||
April 15, 2033 | $102,000,000 (fifth potential Reserve Fund payment) | § 11.5 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||
July 15, 2033 | $1,045,000,000 (sixth installment of Main Settlement Payment) | § 11.2.6 | ||||||
April 15, 2034 | $340,000,000 (sixth potential Reserve Fund payment) | § 11.5 – In accordance with the terms, calculations, and conditions in the Confidential Exhibit. | ||||||