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Friday, January 08, 2016 6:39:31 PM
There is also 1.5 million shares roughly remaining in disputed equity escrow that is being held in reserve for remaining claims.
In addition D&O settlement is structured in a way that the WMILT will exist in the year 2018.
Unless released sooner in accordance with the terms of the RSA, if no such action or investigation is commenced prior to
each of September 25, 2015, September 26, 2016, September 26, 2017 or September 26, 2018, then $500,000 of the Reserve will be
released to the Trust within three business days of each such date.
http://www.wmitrust.com/wmitrust/document/8817600151029000000000001
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