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Re: Newtogame post# 39863

Thursday, 09/21/2017 10:48:24 AM

Thursday, September 21, 2017 10:48:24 AM

Post# of 59368
I wonder why the FDIC would insert this into a settlement agreement!!!!!!!

SECTION IV: Waiver of Dividends and Proceeds from Litigation
To the extent, if any, that Settling Defendants are or were shareholders of the Bank or its
holding company and by virtue thereof are or may be entitled to a dividend, payment, or other
distribution upon resolution of the receivership of the Bank or proceeds in any litigation that has
been or could be brought against the Federal Deposit Insurance Corporation in any capacity or
against the United States based on or arising out of, in whole or in part, the closing of the Bank, or
any alleged acts or omissions by the Federal Deposit Insurance Corporation in any capacity, the
5
United States government, or any agency or department of the United States government in
connection with the Bank, its conservatorship, or receivership, Settling Defendants hereby
knowingly assign to the FDIC-R any and all rights, titles, and interest in and to any and all such
dividends, payments, other distributions, and procee

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