CPRT » Topics » 16. Settlement

This excerpt taken from the CPRT 8-K filed Apr 23, 2007.

16. Settlement

Subject to the Scheme becoming effective and except with the consent of the Panel, settlement of the consideration to which any Scheme Shareholder is entitled under the Scheme will be implemented in full, in the manner set out below, free of any liens, rights of set off, counterclaims or other analogous rights to which Copart may otherwise be, or claim to be, entitled against such Scheme Shareholder.

It should be noted that all documents and remittances sent through the post will be sent at the risk of the person(s) entitled thereto.

"16. Settlement" elsewhere:

Staples (SPLS)
Fleetwood Enterprises (FLE)
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