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Re: nobody12378 post# 36240

Friday, 10/11/2013 9:41:13 AM

Friday, October 11, 2013 9:41:13 AM

Post# of 52845
Well in that case any settlement is a Material Definitive Agreement, and should be followed by an 8K filing.

The SEC defines a "material definitive agreement" as an agreement that provides for obligations that are material to and enforceable against the company, or rights that are material to the company and enforceable by the company against one or more other parties to the agreement. An agreement is reportable on Form 8-K, even if the ultimate enforceability of the agreement is contingent on other factors, including, for example, obtaining third-party approvals, completing due diligence or achieving certain milestones. Companies should assess materiality in light of both quantitative and qualitative factors.