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Stern Private

Stern Private

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Published by Spencer Osborne

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Published by: Spencer Osborne on Jun 03, 2011
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06/03/2011

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SUPREMECOURTOFTHESTATEOFNEWYORKCOUNTYOFNEWYORK
------------------------------------x
ONETWELVE,INC.andDONBUCHWALD,IndexNo.
650762/2011
Plaintiffs,-against-
STIPULATIONANDORDERFORTHEFILINGOFMOTIONPAPERSUNDERSEAL
SIRIUSXMRADIOINC.,Defendant.------------------------------------xThismatterhavingcomebeforetheCourtbystipulationofplaintiffsOneTwelve,Inc.andDonBuchwaldanddefendant,SiriusXMRadioInc.,fortheentryofanorderpursuanttoSection216.1(a)oftheUniformRulesforTrialCourtspermittingpaperstobefiledintheCourtundersealtotheextentsetforthbelow;andtheparties,by,between,andamongtheirrespectivecounsel,havingstipulatedandagreedtothetermssetforthherein,andgoodcausehavingbeenshown;THECOURTFINDSTHAT:1.ThisactionconcernsanagreementbetweenplaintiffsanddefendantdatedOctober1,2004(the"Agreement").TheAgreementrequiredthepartiestomaintaintheconfidentialityofitsfinancialterms;2.ThefinancialtermsoftheAgreementareinherentlyprivateandconfidential.Thedisclosureofthosetermswouldbedetrimentaltotheparties'respectiveinterestsorbusinesses;and
 
3.ThepublicinterestinlearningthefinancialtermsoftheAgreementisoutweighedbytheparties'interestsinmaintainingtheconfidentialityofthoseterms;thereforeITISHEREBYORDEREDTHAT:4.ThisStipulationisbeingenteredintotofacilitatethesubmissionofmotionpapers("MotionPapers")insupportof,orinoppositionto,defendant'smotionforsummaryjudgmentservedonMay11,2011(the"Motion")containingConfidentialInformationthatthepartiesagreemeritsconfidentialtreatment.5.Asusedherein:(a)"ConfidentialInformation"shallrefertoormeanthefinancialtermsoftheAgreement,andanyspecificreferencestheretoorsummariesthereof.(b)"ServingParty"shallmeanthepartyservingandfilingMotionPapers.(c)"ReceivingParty"shallmeanthepartyreceivingMotionPapers.6.AServingPartymayredactanyConfidentialInformationtobeincludedinMotionPaperssubjecttothetermsofthisStipulationandOrder.7.MotionPaperscontainingunredactedConfidentialInformationshallnotbefurnished,shownordisclosedtoanypersonorentityexceptto:-2-
 
(a)counselforthepartiestothisactionandtheirassociatedattorneys,paralegals,andotherprofessionalpersonnel(includingsupportstaff)whoaredirectlyassistingsuchcounselinthepreparationofthisactionfortrialorotherproceedingherein,areunderthesupervisionorcontrolofsuchcounsel,andwhohavebeenadvisedbysuchcounseloftheirobligationshereunder;(b)plaintiffs,defendant,orpersonnel,businessadvisors,orrepresentativesofplaintiffsordefendantactuallyengaged
in
assistinginthepreparationofthisactionfortrialorotherproceedinghereinandwhohavebeenadvisedoftheirobligationshereunder;(c)theCourtandcourtpersonnel(includingstenographicreporters),iffiledinaccordancewithparagraph5hereof;and(d)anyotherpersonagreedtobytheparties.8.AnypartymayfilewiththeCourtMotionPaperscontainingunredactedConfidentialInformationfollowingentryofthisStipulationandOrderbysubmittingsuchMotionPaperstothePartClerkinsealedenvelopesorotherappropriatesealedcontaineronwhichshallbeendorsedthecaptionofthislitigation,thewords"CONFIDENTIALMATERIAL-SUBJECTTOPROTECTIVEORDER"asanindicationofthenatureofthecontents,andastatementinsubstantiallythefollowingform:"Thisenvelope,containingMotionPaperswhicharefiledinthiscaseby(nameofparty),
-3-

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