HOWARD R. LLOYD, Magistrate Judge.
IT IS HEREBY STIPULATED AND AGREED AND RESPECTFULLY REQUESTED by and between the Plaintiff, Ronald O. Huch, and Defendant, United States of America, as reflected by the signatures of their respective counsel as set forth below:
1. That Plaintiff, Ronald O. Huch and the United States have entered into a settlement on February 9, 2011.
2. The settlement is between Plaintiff, Ronald O. Huch and the United States of America, and does not constitute a settlement of the federal tax liability of Thomas Hanagan aka Tom Corbin, which was reduced to judgment. See Docket Entry No. 51, entered June 1, 2009.
2. That the parties request a period of sixty days to consummate all settlement terms.
3. That this action, including the counterclaim filed by the United States, be dismissed with prejudice, provided however, that if either party notifies this Court on or before April 11, 2011, that the settlement has not been consummated, then this order shall stand vacated and this case shall forthwith be restored to the calender and a case management conference scheduled.
4. The parties agree to bear their respective costs, including any possible attorneys' fees or other expenses of this litigation.
IT IS SO STIPULATED:
Upon the stipulation of all parties to these proceedings, and pursuant to Rule 41(a)(2) of the Federal Rules of Civil Procedure, it is HEREBY ORDERED, ADJUDGED and DECREED that this action is hereby dismissed with prejudice, provided however, that if either party notifies this Court on or before April 11, 2011, that the settlement has not been consummated, then this order shall stand vacated and this case shall forthwith be restored to the calender and a case management conference scheduled.