MAXINE M. CHESNEY, District Judge.
THIS SERVES TO AMEND the Judgment Pursuant to Stipulation (Dkt. #29) entered on November 26, 2013 in favor of Plaintiffs Bay Area Painters and Tapers Pension Fund, et al. (collectively "Plaintiffs" or "Trust Funds") and against Defendant Rhodes Painting and Decorating, Inc. aka Rhodes Painting, a California corporation ("Rhodes Painting"), Defendant Lanett Ferguson, and/or alter egos and/or successor entities (collectively "Defendants").
Defendants have requested that the Judgment Pursuant to Stipulation be amended to include additional amounts owed to Plaintiffs. This document shall, upon execution by all parties, supersede the previous stipulation, and become the operative document between the parties.
IT IS HEREBY STIPULATED and AGREED (the "First Amended Stipulation" or "First Amended Judgment") by and between the parties hereto, that a First Amended Judgment shall be entered in the within action in favor of Plaintiffs, as follows:
1. Defendants are signatory to and bound by the terms of a Collective Bargaining
Agreement(s) ("Bargaining Agreement") with the Plaintiff Union ("Union"). The Bargaining Agreement is still in full force and effect.
2. Defendant Lanett Ferguson, in her capacity as RMO of Defendant Rhodes Painting, hereby acknowledges that she is authorized to receive service on behalf of Defendant Rhodes Painting, and has received all relevant documentation in this action, including but not limited to the Summons and Complaint. Defendant Lanett Ferguson confirms that she is authorized to enter into this First Amended Stipulation on behalf of Defendant Rhodes Painting and confirms that she is personally guaranteeing the amounts due herein. Defendants specifically consent to the Court's jurisdiction, as well as the use of a Magistrate Judge for all proceedings, including entry of judgment herein. Defendants further confirm that all successors in interest, assignees, and affiliated entities (including, but not limited to, parent or other controlling companies), and any companies with which Defendant Rhodes Painting joins or merges, if any, shall also be bound by the terms of this First Amended Stipulation as Guarantors. This shall include any additional entities in which Defendant Lanett Ferguson is an officer, owner or possesses any controlling ownership interest. All such entities shall specifically consent to the Court's jurisdiction, the use of a Magistrate Judge for all proceedings, and all other terms herein, in writing, at the time of any assignment, affiliation or purchase.
3. Defendants are currently indebted to the Trust Funds as follows:
4. Notice requirements pursuant to the terms of this Stipulation are as follows:
5. The requirements pursuant to the terms of this First Amended Stipulation are as follows:
a)
i) Payments in the amount of
ii) Defendants shall have the right to increase the monthly payments at any time and there is no penalty for prepayment.
iii) Payments shall be applied first to interest, at the rate of 5% per annum in accordance with the Bargaining Agreement(s) and Trust Agreements. Interest shall begin to accrue on April 6, 2016.
b)
c)
d)
e)
f)
i) In the event that Defendants dispute the audit findings, Defendants must provide the dispute in writing, with all supporting documentation within ten (10) days of the date of the demand. Defendants shall be notified as to whether revisions will be made to the audit. If revisions are not made, payment will be immediately due. If revisions are made, payment in full of the revised amount shall be immediately due.
ii) If Defendants are unable to make payment in full, Defendants may submit a request to add the amounts found due to this Stipulation. If the Stipulation is so revised, Defendants shall execute an amended judgment within ten (10) days of receipt. Failure to execute the amended judgment shall constitute a default of the terms herein.
iii) Failure by Defendants to submit either payment in full or a request to add the amounts due to this Judgment within ten days of receipt shall constitute a default of the obligations under this agreement. All amounts found due on audit shall immediately become part of this First Amended Judgment.
g)
6. In summary, Defendants shall deliver the following payments and documents to Plaintiffs at the following locations on or before the following delivery deadlines until this First Amended Stipulation has been fully satisfied:
7. Failure to comply with any of the above terms, including submitting a payment that does not clear the bank, shall constitute a default of the obligations under this First Amended Stipulation.
8. If default occurs, Plaintiffs shall make a written demand to Defendants to cure said default
9. Any unpaid or late-paid contributions, together with 20% liquidated damages and 5% per annum interest, shall become part of this Judgment. Plaintiffs reserve all rights available to collect any contributions and related amounts not included herein. This includes, but is not limited to, any amounts due pursuant to employee timecards or paystubs, by audit, or other means. Should Defendants fail to submit a report for any month, contributions shall be estimated pursuant to Trust Fund policy. Defendants specifically waive the defense of the doctrine res judicata as to any such additional amounts determined as due.
10. A Writ of Execution may be obtained without further notice, in the amount of the unpaid balance plus any additional amounts due under the terms herein, if Defendants fail to cure a default within seven (7) days of the date of notice from Plaintiffs. Such Writ of Execution may be obtained solely upon declaration by a duly authorized representative of Plaintiffs setting forth the balance due as of the date of default.
11. The above requirements remain in full force and effect regardless of whether or not Defendants have ongoing work, whether Defendants' account with the Trust Funds is active, or whether Defendants are signatory to a Collective Bargaining Agreement with the Union. If, for any reason, Defendants have no work to report during a given month, Defendants shall submit the job report form (Exhibit A attached hereto) indicating that there are no current jobs. If Defendants have no contributions to report, Defendant shall submit the applicable contribution report stating "no employees."
12. Payments made by joint check shall be endorsed on behalf of Defendants prior to submission, and may be applied toward Defendants' monthly stipulated payment, provided that the issuer of the joint check is not requesting a release in exchange for the payment. Joint checks for which a release is requested may not be applied toward Defendants' monthly stipulated payment, but shall be deducted from the total balance owed under this First Amended Stipulation, provided the payment is for contributions included in this First Amended Stipulation.
13. Prior to the last payment pursuant to this First Amended Stipulation, Plaintiffs shall advise Defendants as to the final amount due, including additional interest, any current contributions and related amounts, and all additional attorneys' fees and costs incurred by Plaintiffs, whether or not Defendants defaults herein. Any additional amounts due shall be paid in full with the final stipulated payment due on May 31, 2018.
14. The conditional waiver of liquidated damages shall be presented to the Board of Trustees for consideration only after all amounts due under the terms of this First Amended Stipulation are paid in full, and Defendants' account is otherwise current. If Defendants have fully complied with the terms of the First Amended Stipulation without default(s), the waiver shall be granted. If the waiver is granted, a Satisfaction of Judgment will be filed with the Court once all payments have cleared the bank. If the waiver is not granted, the liquidated damages will be immediately due.
15. Defendants waive any notice of Entry of Judgment or of any Request for a Writ of Execution, and expressly waive all rights to stay of execution and appeal.
16. Any failure on the part of Plaintiffs to take any action as provided herein in the event of any breach of the provisions of this First Amended Stipulation shall not be deemed a waiver of any subsequent breach.
17. The parties agree that any payments made pursuant to the terms of this Judgment shall be deemed to have been made in the ordinary course of business as provided under 11 U.S.C. Section 547©(2) and shall not be claimed by Defendants as a preference under 11 U.S.C. Section 547 or otherwise.
18. Should any provisions of this First Amended Stipulation be declared or determined by any court of competent jurisdiction to be illegal, invalid, or unenforceable, the legality, validity, and enforceability of the remaining parts, terms or provisions shall not be affected thereby and said illegal, unenforceable or invalid part, term, or provisions shall be deemed not to be part of this First Amended Stipulation.
19. This First Amended Stipulation is limited to the agreement between the parties with respect to the unpaid and delinquent contributions and related sums enumerated herein, owed by Defendants to Plaintiffs. This First Amended Stipulation does not in any manner relate to withdrawal liability claims, if any. Defendants acknowledge that Plaintiffs expressly reserve their right to pursue withdrawal liability claims, if any, against Defendants and all of its control group members, as provided by Plaintiffs' Plan documents, Trust Agreements incorporated into their Bargaining Agreements, and applicable laws and regulations.
20. This First Amended Stipulation contains all of the terms agreed to by the parties and no other agreements have been made. Any changes to this First Amended Stipulation shall be effective only if made in writing and signed by all parties hereto.
21. This First Amended Stipulation may be executed in any number of counterparts and by facsimile, each of which shall be deemed an original and all of which shall constitute the same instrument.
22. Defendants represent and warrant that they have had the opportunity to be or have been represented by counsel of their own choosing in connection with entering this First Amended Stipulation under the terms and conditions set forth herein, that they have read this First Amended Stipulation with care and are fully aware of and represent that they enter into this First Amended Stipulation voluntarily and without duress.
23. The parties agree that the Court shall retain jurisdiction of this matter until this Judgment is satisfied.
that the calendar in this matter is vacated, and that the Court shall retain jurisdiction over this matter.