Reso 2021-178 Settlement Agmt McKesson Corp Cardinal Health Amerisource Berfen Johnson & Johnson Janssen Pharma

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allocated to California from the Settlements will be combined pursuant to Allocation Agreements, and 15% of that total shall be allocated to the State of California (the "State of California Allocation"), 70% to the California Abatement Accounts Fund ("CA Abatement Accounts Fund Allocation"), and 15% to the California Subdivision Fund ("CA Subdivision Fund Allocation"); and WHEREAS, the percentage from the CA Abatement Accounts Fund allocated to each eligible local government ("Eligible Local Government") is set forth in Appendix 1 to each Allocation Agreement and provided to the Council with this Resolution. The City's share of the CA Abatement Accounts Fund is a product of the total in the CA Abatement Accounts Fund multiplied by the City's percentage as set forth in Appendix 1 (the "Local Allocation"); and WHEREAS, the percentage from the CA Abatement Accounts Fund to be allocated to the City is 0.0339%, which may constitute approximately $780,000, or $43,333 a year over a period of 18 years; and WHEREAS, the City is an Eligible Local Government; and WHEREAS, any city that is an Eligible Local Government will be allocated its Local Allocation share only when it becomes a Participating Subdivision by signing the Participation Agreements to the Settlements. NOW, THEREFORE, the City of San Leandro City Council hereby RESOLVES, that all of the recitals above are true, correct and incorporated herein; and that the City Council approves the settlement, and authorizes the City Attorney to execute all documents, and release the City's claims against the Settling Defendants in exchange for the consideration set forth in the Settlement Agreements, and Allocation Agreements including taking the following measures: 1. The execution of the Participation Agreement to the Distributors Settlement Agreement and any and all documents ancillary thereto. 2. The execution of the Participation Agreement to the Janssen Settlement Agreement and any and all documents ancillary thereto. The execution of the Proposed California State -Subdivision Agreement Regarding Distribution and Use of Settlement Funds- Distributor Settlement by executing the signature pages to that Allocation Agreement, substantially to the form of the agreement attached hereto. 4. The execution of the Proposed California State -Subdivision Agreement Regarding Distribution and Use of Settlement Funds- Janssen Settlement Allocation Agreements by executing the signature pages to that Allocation Agreement, substantially to the form of the agreement attached hereto. BE IT FURTHER RESOLVED that all actions heretofore taken by the Council and other appropriate public officers and agents of the City with respect to the matters contemplated under this Resolution are hereby ratified, confirmed and approved. RESOLUTION NO. 2021-178 2