My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
NATIONAL OPIOID SETTLEMENT - SECONDARY MANUFACTURERS SETTLEMENT
Clerk
>
Contracts / Agreements
>
N
>
NATIONAL OPIOID SETTLEMENT - SECONDARY MANUFACTURERS SETTLEMENT
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/6/2025 2:43:50 PM
Creation date
10/6/2025 2:40:09 PM
Metadata
Fields
Template:
Contracts
Company Name
NATIONAL OPIOID SETTLEMENT - SECONDARY MANUFACTURERS SETTLEMENT
Contract #
A-2025-161
Agency
City Attorney's Office
Council Approval Date
9/16/2025
Expiration Date
1/1/1900
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
197
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Docusign Envelope ID: D1EF72EC-17B5-459A-93D1-E82ABEFBOE5C <br />D.A. Sackler) named in a lawsuit seeking damages, abatement, or other remedies <br />related to or caused by the opioid public health crisis in any lawsuit brought by any <br />state or local government on or before October 1, 2020. <br />3. General Terms <br />This agreement is subject to the requirements of the Amneal Settlement Agreement, as well as <br />applicable law, and the Amneal Settlement Agreement governs over any inconsistent provision <br />of this CA Amneal Allocation Agreement. Terms used in this CA Amneal Allocation Agreement <br />have the same meaning as in the Amneal Settlement Agreement unless otherwise defined herein. <br />Pursuant to Section V(D)(1) of the Amneal Settlement Agreement, (a) all Settlement Fund <br />payments will be used for Opioid Remediation, except as allowed by Section V(B)(2) of the <br />Amneal Settlement Agreement; and (b) at least seventy percent (70%) of Settlement Fund <br />payment amounts will be used solely for future Opioid Remediation. <br />This Agreement does not apply to funds received by California' pursuant to Sections IX or XIV <br />of the Amneal Settlement Agreement, including payments for Private Attorney Fees, the <br />Additional Remediation Amount, and the Settlement Product Cash Conversion Amount.2 <br />4. State Allocation <br />The Settlement Fund payments to California, pursuant to the Amneal Settlement Agreement, <br />shall be allocated as follows: 15% to the State Fund; 70% to the Abatement Accounts Fund; and <br />15% to the Subdivision Fund. For the avoidance of doubt, all funds allocated to California from <br />the Settlement Fund shall be combined pursuant to this CA Amneal Allocation Agreement, and <br />15% of that total shall be allocated to the State of California (the "State of California <br />Allocation"), 70% to the California Abatement Accounts Fund ("CA Abatement Accounts <br />Fund"), and 15% to the California Subdivision Fund ("CA Subdivision Fund"). <br />A. State of California Allocation <br />Fifteen percent of the total Settlement Fund payments will be allocated to the State and used by <br />the State for future Opioid Remediation. <br />' For purposes of clarity, use of the term "California" refers to the geographic territory of <br />California and the state and its local governments therein. The term "State" or "State of <br />California" refers to the State of California as a governmental unit. <br />'All Settlement Product Cash Conversion Amounts paid to California pursuant to Section XIV of <br />the Amneal Settlement Agreement shall be allocated to the State and used by the State for future <br />Opioid Remediation. <br />RM <br />2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.