STIPULATION TO STAY PROCEEDINGS PENDING SETTLEMENT; ORDER

KANDIS A. WESTMORE, Magistrate Judge.

WHEREAS, Plaintiff/Counterdefendant Mysfyt, Inc. ("Plaintiff" and "Mysfyt") and Defendant/Counterclaimant James Lum ("Defendant" and "Lum") (collectively the "Parties") have reached an agreement in principle for a settlement of this action;

WHEREAS, the Parties are continuing the process of finalizing a written settlement agreement;

WHEREAS, the Parties previously stipulated to stay proceedings for settlement (Dkt. Nos. 38, 40, and 42), and the Court ordered such stays (Dkt. Nos. 39, 41, and 43).

WHEREAS, the Parties require additional time to finalize a full settlement, and anticipate the process to finalize settlement will be completed within thirty (30) days;

WHEREAS, a Further Case Management Conference is scheduled to take place on August 1, 2017 at 1:30pm, with a Further Case Management Statement due July 25, 2017.

WHEREAS, the Parties believe full settlement is very imminent, and wish not to burden the Court with unnecessary proceedings while the settlement process is completed.

NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED by and among the Parties, through their undersigned counsel, that the action be stayed for an additional period of thirty (30) days pending the finalization of the settlement agreement, and that the Further Case Management Conference scheduled on the Court's August 1, 2017 calendar be moved to September 5, 2017, with the Further Case Management Statement to be filed by July August 29, 2017.

IT IS SO STIPULATED AND AGREED.

ORDER

PURSUANT TO STIPULATION, IT IS SO ORDERED.