RICHARD SEEBORG, District Judge.
WHEREAS, on June 15, 2017, Via Licensing Corporation ("Via") filed a Complaint for Breach of Contract Seeking Damages and Specific Performance (the "Complaint") against Haier America Trading, LLC ("HAT") in the above-entitled action;
WHEREAS, on November 20, 2018, the parties signed a confidential settlement term sheet (the "Settlement Term Sheet") and agreed to work together to prepare a formal settlement agreement consistent with the terms set forth in the Settlement Term Sheet;
WHEREAS, among other terms the Settlement Term Sheet requires HAT and related entities to perform certain obligations on or before December 31, 2018, (collectively, the "Haier 2018 Obligations");
WHEREAS, the Settlement Term Sheet contemplates that within three business days of performance of the last of the Haier 2018 Obligations, the parties shall file a stipulation of dismissal without prejudice which shall request that the Court retain jurisdiction to enforce the terms of the Settlement Term Sheet or, if superseded by a formal settlement agreement, the terms of the formal settlement agreement;
WHEREAS, this case is scheduled for a trial commencing on December 10, 2018, and there are numerous interim deadlines in connection with this action;
NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between Via and HAT, by and through their respective counsel, that:
1. In light of the agreements reached in the Settlement Term Sheet, all proceedings in the above-captioned action shall be stayed until January 31, 2019, and all currently-set deadlines vacated, to allow the parties time to prepare a formal settlement agreement, and to allow time for the performance of the Haier 2018 Obligations;
2. If for some reason, the parties do not file a stipulated dismissal by January 7, the parties request that the Court set a case management conference at the next earliest available date in January 2019 to discuss the case and set new deadlines as necessary.
In compliance with Civil Local Rule 5-1(i)(3), the filer of this document attests that concurrence in the filing of this document has been obtained from the other signatories above.
PURSUANT TO THIS STIPULATION, AND FOR GOOD CAUSE SHOWN, IT IS SO ORDERED.