Plane Exchange, Inc. v. Francois

Filing 46

JUDGMENT signed by Senior Judge William B. Shubb on 1/28/2016. (Zignago, K.)

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BOUTIN JONES INC.
Michael E. Chase, SBN 214506
Bashar S. Ahmad, SBN 258619
555 Capitol Mall, Suite 1500
Sacramento, CA 95814-4603
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Paul Francois

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UNITED STATES DISTRICT COURT
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EASTERN DISTRICT OF CALIFORNIA
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THE PLANE EXCHANGE, INC.,

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Plaintiff,
vs.
PAUL FRANCOIS, a natural person,

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Defendant.

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And Related Counterclaims
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PAUL FRANCOIS,

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Plaintiff,

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vs.
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CRAIG VINCENT,
Defendant.

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Case No.: 2:14-cv-00784-WBS-KJN
JUDGMENT

Trial Date: March 15, 2016
Date Action Filed: March 26, 2014

Case No.: 2:14-cv-01517-WBS-KJN

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JUDGMENT

761666.1

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Pursuant to the agreement of the parties, IT IS HEREBY ORDERED, ADJUDGED AND

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DECREED that Judgment is entered against Plaintiff and Counterdefendant The Plane Exchange,

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Inc. (“TPX”) and in favor of Defendant and Counterclaimant Paul Francois (“Francois”) in the

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sum of $109,000.00. This amount shall be payable to Francois pursuant to the payment schedule

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set forth in paragraph 2 of the Settlement Agreement and Mutual General Release (“Agreement”),

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a copy of which is attached hereto as Exhibit A.

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As long as TPX is not in default of the Agreement, including but not limited to its

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obligations under paragraphs 2 and 4 of the Agreement, Francois shall not collect on this

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Judgment. If and when TPX is in default of any provision of the Agreement, the entire amount of

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the Judgment is immediately due and payable and Francois may proceed to collect on the

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Judgment. Francois’ other rights under the Agreement are preserved and Francois may proceed to

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enforce those rights as well.

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IT IS SO ORDERED

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Dated: January 28, 2016

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JUDGMENT

761666.1