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HomeMy WebLinkAbout10-2612MEYERSON & O'NEILL By: Jack Meyerson, Esquire Peter A. Greiner, Esquire Identification Nos. 16405/81957 1700 Market Street, Suite 3025 Philadelphia, PA 19103 (215) 972-1376 KEITH TOLBERT, SR. 1275 Gayman Road Chambersburg, PA 17202 Plaintiff V. RALPH E. TOLBERT MASONRY, 950 Hollywell Avenue Chambersburg, PA 17201 and RALPH E. TOLBERT 1262 Sollenberger Road Chambersburg, PA 17201 and KURT TOLBERT 1675 Gayman Road Chambersburg, PA 17202 Defendants NOTICE APP 200 "PR 1) 1,r'91f? Attorneys for Plaintiff IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA CIVIL ACTION- LAW INC. : NO. 16 -o`dg,I --k C tot, L'-7&z-Py-1 NOTICE TO DEFEND You have been sued in court. If you wish to defend against the claims set forth in the following pages, you must take action within twenty (20) days after this complaint and notice are served, by entering a written appearance personally or by attorney and filing in writing with the court your defenses or objections to the claims set forth against you. You are warned that if you fail to do so the case may proceed without you and a judgment may be entered against you by the court without further notice for any money claimed in the complaint or for any other claim or relief requested by the plaintiff. You may lose money or property or other rights important to you. YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR TELEPHONE THE OFFICE SET FORTH BELOW TO FIND OUT WHERE YOU CAN GET LEGAL HELP. CUMBERLAND COUNTY BAR ASSOCIATION 32 South Bedford Street Carlisle, PA 171013 1-800-990-9108 (717) 249-3166 AVISO Le han demandado a usted en la corte. Si usted quiere defenderse de estas demandas expuestas en las paginas siguientes, usted tiene veinte (20) dia de plazo al partir de la fecha de la demanda y la notificaci6n. Hace falta asentar una comparencia escrita o en persona o con un abogada y entregar a la corte en forma escrita sus defensas o sus objeciones a las demandas en contra de su persona. Sea avisado que si usted no se difiende, la corte tomara medidas y puede continuer la demanda en contra suya sin previo aviso o notificaci6n. Adembs, la corte puede dicidir a favor del demandante y requiere que usted cumpla con todas las provisioner de esta demanda. Usted puede perder dinero o sus propiedades u otros derechos importantes para usted. LLEVE ESTA DEMANDA A UN ABOGADO INMEDIATAMENTE. SI NO TIENE ABOGADO 0 SI NO TIENE EL DINERO SUFFICIENTE DE PAGAR TAL SERVICIO. VAYA EN PERSONA O LLAME POR TELEFONO A LA OFICINA CUYA DIRECCION SE ENCUENTRA ESCRITAABAJO PARA AVERIGUAR DONDE SE PUEDE CONSEGUIR ASISTENCIA LEGAL. CUMBERLAND COUNTY BAR ASSOCIATION 32 South Bedford Street Carlisle, 171013 1-800-990-9108 (717) 249-3166 e K? 70?? 1t '? MEYERSON & O'NEILL By: Jack Meyerson, Esquire Peter A. Greiner, Esquire Identification Nos. 16405/81957 1700 Market Street, Suite 3025 Philadelphia, PA 19103 (215) 972-1376 KEITH TOLBERT, SR. 1275 Gayman Road Chambersburg, PA 17202 Plaintiff V. RALPH E. TOLBERT MASONRY, INC 950 Hollywell Avenue Chambersburg, PA 17201 and RALPH E. TOLBERT 1262 Sollenberger Road Chambersburg, PA 17201 and KURT TOLBERT 1675 Gayman Road Chambersburg, PA 17202 Defendants Attorneys for Plaintiff IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA CIVIL ACTION- LAW NO. VERIFIED COMPLAINT Plaintiff, Keith Tolbert, Sr., for his verified complaint avers as follows: PRELIMINARY STATEMENT 1. This action arises following the negotiation of a settlement of Plaintiffs minority shareholder claims which Defendants without valid justification have reneged on and refused to fund. More particularly, Plaintiff Keith Tolbert is a minority shareholder of Defendant Ralph E. Tolbert Masonry ("RETM"). Plaintiff alleged that he was frozen out of RETM, as Defendants Ralph E. Tolbert and Kurt Tolbert, his father and brother, respectively, who together own the controlling 55% share of RETM, had taken control of the businesses and systematically paid themselves and others money ti in violation of their fiduciary duties to the company and its shareholders, without the knowledge and/or consent of the other shareholder, Plaintiff Keith Tolbert. In lieu of filing a derivative action in the Court of Common Pleas, Plaintiff and Defendants agreed to mediate their dispute before a private, third-party mediator, Theodore Adler, Esq. With the assistance of the Mr. Adler, the parties agreed to a settlement of their dispute. The parties executed a hand-written settlement agreement and release in the mediator's office that night, which was reviewed and signed by all parties, with their counsel present and witnessed by the mediator. However, Defendants are now refusing to perform their obligations under the contract and are thus, in breach of the enforceable contract, the signed settlement agreement. PARTIES 2. Plaintiff, Keith Tolbert, Sr., is an individual residing at 1275 Gayman Road, Chambersburg, PA is a minority shareholder of defendant RETM owning 45% of the shares of RETM. 3. Defendant RETM is a Pennsylvania corporation with its principal place of business and registered office in the Commonwealth located at 950 Hollywell Avenue, Chambersburg, PA. 4. Defendant Kurt Tolbert is an individual and resident of the Commonwealth of Pennsylvania residing at 1675 Gayman Road, Chambersburg, PA, who at all times relevant thereto and at present is one of the controlling parties of RETM, as he owns 45% of the shares of RETM and is Vice-President of RETM. Defendant Kurt Tolbert is the brother of Plaintiff. 5. Defendant Ralph E. Tolbert, is an individual and resident of the 2 Commonwealth of Pennsylvania, residing at 1262 Sollenberger Road, Chambersburg, PA, who at all times relevant thereto and at present is one of the controlling parties of RETM, as he owns 10% of the shares of RETM and is President of RETM. Defendant Ralph Tolbert is the father of Plaintiff. 6. This court has jurisdiction over defendants and this cause of action as the matters complained of occurred within the Commonwealth of Pennsylvania, and the parties are residents of the Commonwealth of Pennsylvania. Venue is appropriate pursuant to Pa. R. Civ. 1006, as the contract which is the source of this claim was negotiated and signed in Camp Hill, Cumberland County, Pennsylvania. OPERATIVE FACTS 7. Beginning in January 2007, Plaintiff Keith Tolbert has been a 45% shareholder of RETM. For many years prior to that until approximately April 2009, Plaintiff was also employed by RETM. 8. Plaintiff was asked to leave the employ of RETM in April 2009, due to a falling out with his fellow shareholder, Defendant Kurt Tolbert. The two of them tried unsuccessfully to negotiate a buy-out of Plaintiffs shares of RETM through June 2009. 9. On or about July 10, 2009, after numerous requests for access to the books and records of the corporation, Plaintiff filed a suit in mandamus in this Court at Case No. 2009-3230 against RETM , Ralph E. Tolbert, and Kurt Tolbert, seeking an Order compelling production of those requested documents. The parties resolved the mandamus action, and Plaintiff was given access to some of the records of RETM. 10. Upon review of the records, Plaintiff determined that he had a possible claim individually, and derivatively on behalf of the corporation, against Ralph and Kurt 3 t1 1? Tolbert for what he perceived to be improper actions in diverting the assets of the corporation for their own personal gain, and to the detriment of the corporation and its shareholders, including Plaintiff Keith Tolbert. Plaintiff, through his counsel, notified Defendants' counsel of his potential claims, and the parties agreed that in lieu of filing a derivative action in the Court of Common Pleas, where Plaintiff would have sought the appointment of a receiver in advance of dissolution of the corporation, Plaintiff and Defendants would mediate their dispute before a private, third-party mediator, Theodore Adler, Esq. 11. On or about, March 8, 2010, the parties met with Mr. Adler, to attempt to resolve the disputes amongst them including Plaintiff's status as a former employee of RETM and shareholder of RETM. The parties also sought to settle Plaintiffs claims through a purchase of Plaintiff's shares in RETM. All parties and their respective counsel were present at the March 8, 2010 meeting at Mr. Adler's office in Camp Hill, PA. 12. With the assistance of Mr. Adler, the parties agreed to a settlement of their disputes at Mr. Adler's office in Camp Hill, PA. 13. The parties executed a hand-written settlement agreement and release in Mr. Adler's office that night, which was reviewed and signed by all parties, with their counsel present and witnessed by Mr. Adler. A copy of that Settlement Agreement and Mutual Release ("SAMR") is attached hereto as Exhibit "A." 14. In summary, the terms were as follows: Defendants would pay to Plaintiff Keith Tolbert the total sum of $380,000.00 in exchange for any and all interest he had in RETM and for all parties to waive all claims amongst themselves for the alleged 4 improper actions of Defendants Ralph and Kurt Tolbert in mismanaging RETM and misappropriating RETM's funds for their own benefit, as well as any corresponding claims Defendants may have had against Plaintiff. 15. Additionally, the parties agreed that unless F&M Trust, the bank that has two sizable loans with RETM, agreed in writing to the terms of the settlement and gave its "express written approval," that the SAMR was null and void. See Exhibit "A" at 15. 16. Under the terms of the SAMR, Defendants were obligated to transmit the SAMR to F&M Trust ("the bank") within two (2) days of the signing of the SAMR, so they could review it. 17. Counsel for the Defendants, Andrew J. Benchoff, Esq., forwarded a copy of the SAMR to Kenneth Brookens of F&M Trust on March 9, 2010. A copy of the e- mails sent by Mr. Benchoff to Mr. Brookens and Mr. Brookens reply are attached hereto as Exhibit "B." 18. On March 19, 2010, Mr. Brookens, as well as counsel for F&M Trust, Stephen E. Patterson, Esq., along with Mr. Benchoff and Plaintiff's counsel, Peter A. Greiner, conducted a phone conference wherein they disclosed to the parties that it was the bank's position that the terms of the SAMR did not constitute an event of default under the terms of their loans with RETM. Mr. Patterson indicated that this position would be reduced to writing and circulated to the parties in this case. 19. Mr. Brookens forwarded an e-mail and attached letter to Mr. Benchoff later that same day, March 19, 2010. A copy of that e-mail and attachment is attached hereto as Exhibit "C." In the letter and e-mail, Mr. Brookens reiterated the bank's position in express written terms, that the terms of the SAMR would in no way place 5 RETM in default of their obligations under the terms of the loans with F&M Trust, and that the bank "trust(s) this letter will assist you in concluding the transactions contemplated by the Settlement Agreement." See Exhibit "C." 20. Defendants' counsel, Mr. Benchoff, responded to the bank's position in an e-mail to counsel for Plaintiff that he and his clients believed that F&M Trust's position opened the door for the bank to be able to find RETM in default of the loans at any time for performing under the SAMR. A copy of that e-mail and attachments is attached hereto as Exhibit "D." Accordingly, he stated that his clients were "not comfortable with going forward" with the SAMR and declared the agreement "null and void." See Exhibit "D.11 21. Counsel for Plaintiff, along with the mediator, Mr. Adler, made several attempts to clarify Mr. Benchoffs and his clients' misunderstanding about the bank's position, but Mr. Benchoff continually refused to speak with Plaintiffs counsel or discuss the matter with the bank or its attorney. See a-mails between Plaintiffs counsel, the mediator, and Mr. Benchoff, attached hereto as Exhibit "E." 22. Finally, on April 5, 2010, Mr. Benchoff sent an e-mail to the mediator and Plaintiffs counsel, once again stating his client's position that they would not go through with the settlement. A copy of the April 5, 2010 e-mail from Mr. Benchoff to the mediator is attached hereto as Exhibit "F." 23. In that same e-mail, Mr. Benchoff again stated that he and his clients had no interest in speaking with the bank to resolve the alleged problems Defendants claimed to have with the bank's position, as communicated on March 19, 2010. See Exhibit "F." 6 24. Mr. Benchoff also stated in the April 5, 2010 e-mail for the first time that the financial situation of RETM was a factor in why his clients had decided to refuse to go forward with the settlement. Id. 25. Plaintiff's counsel sent an e-mail later that same day to Mr. Benchoff offering to conference with the bank's attorney who would address the Defendants' issues with the bank's position, but Mr. Benchoff refused to even discuss the matter with the bank's attorney in a return e-mail later that day. A copy of those a-mails are attached hereto as Exhibit "G." COUNT I - BREACH OF CONTRACT 26. Plaintiff incorporates by reference the preceding paragraphs of his Complaint as though the same were set forth herein at length. 27. On March 8, 2010, Plaintiff Keith Tolbert entered into a valid, binding, written contract with Defendants Ralph E. Tolbert and Kurt Tolbert, individually and on behalf of Defendant RETM, to settle and release all claims amongst the parties arising out of Plaintiffs employment by and ownership of RETM for valid consideration to be paid to Plaintiff under the terms of the SAMR. See Exhibit A." 28. Plaintiff has performed all of the conditions of the contract required of him by the SAMR and is ready an willing to render any and all future performance under the terms of the SAMR. 29. Defendants have repudiated the contract reached on March 8, 2010, claiming (1) the financial situation of the Defendants, and (2) the failure to satisfy a condition precedent; the failure of F&M Trust to provide "express written approval" of 7 the settlement, pursuant to paragraph 5 of the SAMR. See Exhibit "F." 30. Defendants' position is without merit, as F&M Trust, a third party with no privity to the contract between Plaintiff and Defendants, has satisfied the provision of paragraph 5 of the SAMR in its letter of March 19, 2010, wherein it expressly provides in writing that the terms of the SAMR "do not constitute an Event of Default" under either of the loans F&M has with Defendants, thus providing the express written approval sought by the parties to the SAMR. 31. Plaintiff has continually brought this fact to Defendants' attention and sought to clear up any alleged misunderstanding on Defendants' part, yet Defendants and their counsel refuse to even discuss the matter with Plaintiffs counsel or the bank, continually stating their repudiation of the contract, despite the clear language in the March 19, 2010 letter to the contrary. 32. Under the terms of the SAMR, Defendants were contractually obligated to pay Plaintiff the sum of $20,000.00 within two (2) days of the bank's approval, and another $30,000.00 within fourteen (14) days after the first payment. 33. The bank's letter was dated March 19, 2010. Accordingly, the first payment of $20,000.00 was due to Plaintiff from Defendants by March 21, 2010. The second payment of $30,000.00 was due to Plaintiff by April 4, 2010. 34. To date, Defendants have refused to make the payments described herein and have repudiated the SAMR as stated herein. 35. Defendants' attorney's representation that they believe that the "express written approval" provision of the bank has not been met and that the bank has left open the possibility of the bank sometime in the future finding Defendants in default for 8 the payments provided for in the SAMR to Plaintiff under clause (3) of the Negative Covenant is without merit, as described herein, and is merely a ruse seeking to cover up Defendants' change of heart in performing under the terms of the SAMR, as Defendants' attorney will not even entertain the possibility of a clarifying discussion with the bank or its attorney, which would eliminate the need for the instant Motion. 36. Accordingly, Defendants are in breach of the terms of the SAMR, a legally binding contract. WHEREFORE, Plaintiff respectfully prays that this Honorable Court enter an Order: (a) finding Defendants in default of their obligations under the Settlement Agreement and Mutual Release; (b) directing that Defendants specifically perform the terms of the Settlement Agreement and Mutual Release; (c) reducing to judgment the total amount agreed between the parties, $380,000.00, in favor of Plaintiff Keith Tolbert against Defendants jointly and severally; (d) imposing interest and reasonable counsel fees and costs associated with this Motion, as will be supplied by Plaintiffs counsel at the time of the Order; and (e) such other relief as the Court deems just, proper and equitable. Respectfully submitted, Dated: K'2a Ito Peter A. Greiner Jack Meyerson Meyerson & O'Neill 1700 Market Street, Suite 3025 Philadelphia, PA 19103 Attorneys for Plaintiff Keith Tolbert, Sr. 9 VERIFICATION Keith Tolbert, Sr. hereby verifies that he is the plaintiff in this action; that the statements made in the foregoing Pleading are true and correct to the best of his knowledge, information and belief; and that these statements are made subject to the penalties of 18 Pa. C.S. §4904 relating to unsworn falsification to authorities. KEITH TOLE RT, SR. DATE: 4" g /L) 10 EXHIBIT "A" In re: Mediation between Ralph E. and Kurt E. Tolbert and Keith Tolbert_ Sr. SETTLEMENT AGREEMENT AND MUTUAL RELEASE WHEREAS, Ralph E. and Kurt E. Tolbert (RKT) and Keith Tolbert, Sr. (KT) are shareholders in a company known as Ralph E. Tolbert Masonry, Inc. (RETM); and WHEREAS, KT has terminated his employment with RETM; and WHEREAS, numerous disputes, controversies and claims have arisen as a result of KT's terminating his employment with RETM. NOW THEREFORE, in consideration of the following mutual promises, undertakings, covenants and representations contained herein, the parties, intending to be legally bound, agree as follows: (A) I . As to RKT the following: V-K r ?h d? ET+^ s N ?ru- 4 fl '[o 1L TIE Sv-A bF 425 Ioa4. ao gci ^(s-t? C45£ of 9,115t,.A9S -^t'Wo DR`iS AFTEifl._ ?? APP 2?^Pt? -. A KT Oty-( jteTleA 5 4A4, QPt`l *to kT pN fr6DvVsavflL Sum oC- 4 ,3aE ooo • °A -SY -114E CWSf- of avsr"tsS ??'T'?E•J Dfl`f5 APr?2 rME ?.t15f A9++w?E? py?3avt. IV! sfskg A LL F.ruq S 5 k btu- d Ptt? o s " kE??h ?a As s 010mcavokrs M(c.??2Sa,.J 'f `NEL tbt.upa+J "Mf: S'EMi. t*Aev?4- Dr- 'fkE }d0?f prT 'i?iSS RUt??t?E2 {Laf}o c.tAw???2S9u2G , ,???K•r A-9 P&T Saq?i. PA4 'r'oc k-T "ME Svw^ of- oac? oa S£F sP,41- F-? a ,-4 Fly e-ETTWk -j tiALJ. PA-1 Ta jL'C `(Z& S'vm Esc 20 ooa. ")o V,Po^' vA - &F 6Z£T-ET(LEft"" G Ar4 162 C'EEDiNG ?? C?FP?cAIr A'ec? ?,e 000 _ aO y _.rCc(2i( Ma^+ M PET PA ?S Cr?PETAL pateo???S £2cc?S 2.Sa ?0 00 , oo Ur Tt L (z WT- Ft-9 R£`??"t HAS ?L}? vp K'C ? 2So r au ? , o a i rv Mom xiy PA-r MC- r-17S Iuf `TO `TAL R,MII,.+? 6 F .7,,tE ?a--^'1 (2y-T P" i2.F T N kr• S K &v- a 3 ?'D r 6Q.0- Do L > (2K A (ZETva1 t5 E SP•,r.1St Ja L-E Fo2 AN- P-E FRti2S av e Rvwtz.Ei/? C QAt the tv.OFwpS r fl0v'A+/e S a oetZ 1 t2£ftSAS SP11,4tey ?"T d pw^i $ -t A a0A* L?0 tf rv,r. L -Wt- 'WF f- m gv?i trv6 9 ? ? nr iq,r,? s A-L ? (3 ? t i ? t t a.n S Rat ?Otto `C? 1?T • t-J arTw't'M STPoko IY4 'rLA k S Q? 6Mt6iTl3n/ 1 42 Et M AAA ??`( pr cam oF- Lt.r { q? ?W-P- -s c 'Ta d2 T csrv A"`? r N?,4L I ?s? 6. 2??Tt S?R? Q?s cLss? ?a''??`?`Tote75 I ri?f-L fete -c6rj SfwAt tN ?? ct r4 L 1Do c u-%^eh/CM4Ttt!^? QRa?/.0aS To `? ? M aptiv v- orv A- tMaN T*t L- 'j $.pts,tg _ 6?f YE?2sa^r ! 6'rv??t1 Su?t,L CO tTt4L i?cc6.f t ?a 1LT _ W SGT v? ?T 5 µ+hv?- $ 2t.r2 ?vt £ FA <<S fl"W Tc,2 VA t? O F ? M3 TiPi S 6'? T t w? E a ?F fi rrt $A ?tL W r? n? 2- RY S D ?' " rTa,t£ R'?F a F .-?tt S A-G2l:?vdlE..v(` fl 4P?2ov14Z E Two {*<wtp R K'? S N Rtf_ 1Q,2,?n tN ?Y L12 s or.? a i ern t Lt 1 *nr14`aD,i4TEe y ve,pi titJFof2v?nAT?d'J .Nl? ?*AA 3Ftt?tt PIBrT `?? r4f'1'??L O F ?Nt\S ?Lfe.wtL?u? - 2. As to KT the following: iO? 5 KAX- s win ++%.S S-k+WEe3 --a •R..;_IT M u?Por-j 4-A[+1 Wtwo a-,6" j;aQ.E oa ,P-n 0" -A E'4- aT tu` CZ T•E (?aPuQTlor?R1 'TD -VAE T&TN- AMVl C' tSF ^(UE *3-7a,voo.oe fA1 D • SG , rra2 Aw?Pr.E vPa^' PN?.n F '1u £ ?t i2 s .? Z o ? o a a. o o „pa ?T N E SH,ptti. S .?¢ ,(LE•?rp£Q S_ 2 S?? o? 1i ? 5 54AOT--s . , R-C--T,w, . .- - THE PrR 544AAC VAWC- or' To - rout is 414,44 /sHOf- 3. Payment and/or other actions set forth above constitute adequate consideration for this agreement and its undertakings, including the covenants, representations and promises as provided hereinabove and otherwise from and to all parties to this agreement. 4. This agreement shall be binding upon and inure to the benefit of the parties hereto and their successors, unless and until superseded by a substitute agreement signed by all parties. S ??E 2wf t a?? s (? co `?ej?'k Ur*- eupsS WK aVW O? ?nW TV44 , fh `f e e,m&- ?? ? T?S? ?nes ?o'L ???D?uve, y?nl? tv. Ut?i? + `? e? s ! (?e ?wtd a- d Vtz EXHIBIT "B" Peter Greiner From: Ken Brookens [Ken.Brookens@f-mtrust.com] Sent: Tuesday, March 09, 2010 10:37 AM To: Andrew Benchoff Cc: Kurt Tolbert (E-mail); Peter Greiner; Kurt Tolbert (E-mail 2); Ralph Tolbert (E-mail) Subject: Re: Settlement Agreement and Mutual Release To all, This is to notify everyone that I am in receipt of the Settlement Agreement. Sincerely, Ken Kenneth W. Brookens Commercial Services Relationship Manager Assistant Vice President (717) 261-3523 (direct) (717) 261-3688 (fax) http://www.fmtrustonline.com Financial Solutions...from people you know >>> Andrew Benchoff <Andrew@kornfield.net> 3/9/2010 8:36 AM >>> Dear Mr. Brookens, The attached Settlement Agreement and Mutual Release pertaining to Ralph E. Tolbert Masonry, Inc. and its shareholders is conditioned on lender approval. We had to deliver it to you within 2 days of its signature. I am copying counsel for Keith Tolbert so he is aware of its delivery to you. Could you please let us know if you have any questions about it. Kurt and I would also like to discuss it with you when you have the opportunity. Thank you. AJ <<SettlementAgreement.03.08.10.pdf>> Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. PRIVILEGED AND CONFIDENTIAL: This communication, including attachments, is for the exclusive use of addressee and may contain proprietary, confidential and/or privileged information. If you are not the intended recipient, any use, copying, disclosure, dissemination or distribution is strictly prohibited. If you are not the intended recipient, please notify the sender immediately by return e-mail, delete this communication and destroy all copies. I EXHIBIT "C" March `19, 2010 Ralph E. Tolbert Masonry, Inc. Mr. Ralph E. Tolbert Mr. Kurt E. Tolbert 950 Hollywell Avenue Chambersburg, PA 17201 In re: Mediation between Ralph E. and Kurt E. Tolbert and Keith Tolbert, Sr. Dear Messrs. Tolbert: You have presented to us a copy of a certain Settlement Agreement and Mutual Release (the "Settlement Agreement"), dated March 8, 2010, in connection with the captioned matter. We have reviewed the Settlement Agreement, and have concluded that the terms thereof, if fully complied with, do not constitute an Event of Default under the Loan Documents covering either the $920,000 term loan or the $850,000 line of credit loan entered into by Ralph E. Tolbert Masonry, Inc. (the "Company") with the Bank on January 29, 2010. However, we call your attention to the provisions contained in the $920,000 Promissory Note under the heading "Default in Favor of Third Parties," and remind you that a default under the Settlement Agreement could constitute an Event of Default under said Promissory Note and the related Loan Documents. Please also be reminded that the Company's right to pay dividends on the Company's stock is limited by and subject to the provisions of clause (3) of the Negative Covenant, entitled "Continuity of Operations," contained in the Business Loan Agreement. Accordingly, prior to the payment of any such dividends, the Company must obtain the written consent of the Bank, even though such payment or payments are proposed to be made following the satisfaction by the Company of the financial obligations incurred by it under the Settlement Agreement. The Bank reserves in all respects all of it rights and remedies set forth in the Loan Documents, including, without limitation, its enforcement rights and remedies. We trust that this letter will assist you in concluding the transactions contemplated by the Settlement Agreement. Very trul yours Ke th W. ens Assistant Vice President Commercial Services Relationship Manager 717-264-6116, aW2"1 16 . P.O. BoX 6010 Chambersburg, PA 17201-6010 1? A?1V C t/C L S fl, t+tl tf $ ; f .Q?l+t Q #? F Y 0 ll Kd OW F-I EXHIBIT "D" Peter 6Wner From: Andrew Benchoff [Andrew@kornfield.net] Sent: Monday, March 22, 2010 2:17 PM To: Peter Greiner Cc: Ralph Tolbert (E-mail); Kurt Tolbert (E-mail); Kurt Tolbert (E-mail 2) Subject: FW: Settlement Agreement and Mutual Release Attachments: Tolbert Letter 3-19-10.pdf; Clause(3)ofNegativeCovenants.pdf Tolbert Letter Clause(3)ofNegativ 3-19-10.pdf (34... eCovenants.p... Pete, Below is the e-mail from F&M Trust along with an attached letter dated March 19, 2010, which I was able to review with my clients this morning. Clause (3) of the Negative Covenants explains in pertinent part that Borrower covenants and agrees without the prior written consent of Lender Borrower shall not " . . . (3) pay any dividends on Borrower's stock . . ., or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure." The relevant language is attached. The Tolberts are not comfortable going forward under the Settlement Agreement and Mutual Release because F&M Trust refused to approve the agreement, and F&M Trust will be able to consider the Settlement Agreement and Mutual Release an Event of Default under the Loan Documents at any time given the bank's reservation of rights in the letter. Therefore, the agreement is null and void. Please let me know if you have any questions or comments. Thanks. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Ken Brookens [mailto:Ken.Brookens@f-mtrust.com] Sent: Friday, March 19, 2010 5:18 PM To: Kurt Tolbert Cc: Bill Snell; Andrew Benchoff; Steve Patterson Subject: Settlement Agreement and Mutual Release Kurt, In reviewing the March 08, 2010 Settlement Agreement and Mutual Release (SAMR) with our attorney, we are of the opinion that providing an approval (or disapproval), as required under line item #5 of the SAMR, may and/or could, attach the Bank as a party to the agreement. As such, we have decided to provide you with a letter reflecting that we have 1 reviewed the SAMR and that the terms do not or will not place the business in default, provided the company complies fully with the SAMR. I will prepare the original letter for mailing; however, a copy has been attached to this email. If you have any questions, please do not hesitate to contact me. Best Regards, Ken PRIVILEGED AND CONFIDENTIAL: This communication, including attachments, is for the exclusive use of addressee and may contain proprietary, confidential and/or privileged information. If you are not the intended recipient, any use, copying, disclosure, dissemination or distribution is strictly prohibited. If you are not the intended recipient, please notify the sender immediately by return e-mail, delete this communication and destroy all copies. 2 EXHIBIT "E" Peter Greiner From: Andrew Benchoff [Andrew@kornfield.net] Sent: Thursday, March 25, 2010 1:41 PM To: Peter Greiner Cc: Jack Meyerson; Ralph Tolbert (E-mail); Kurt Tolbert (E-mail); Kurt Tolbert (E-mail 2) Subject: RE: Settlement Agreement and Mutual Release Pete, I will speak with my clients about your e-mail and see what they think. The bank-approval contingency in the Settlement Agreement and Mutual Release is clear and unequivocal and has not been and will not be met. The bank's e-mail and letter speak for themselves. To suggest that the contingency has been met is simply incorrect. I must also point out again that Clause (3) of the Negative Covenants, which the bank also referenced in its letter, prohibits the company from purchasing outstanding shares or altering the company's capital structure without prior written approval. After Ken Brookens verbally stated F&M Trust's position to us by telephone, you even questioned Mr. Brookens that the Settlement Agreement and Mutual Release required express written approval not simply a statement that the Settlement Agreement and Mutual Release was not an Event of Default under the Loan Documents. Attorney Steve Patterson then explained the bank's position and why F&M Trust was unwilling to expressly approve the Settlement Agreement and Mutual Release. Because of the bank's requirements of and on the company, the Tolberts required express written approval by the bank to perform under the Settlement Agreement and Mutual Release, which was not received. My clients have spent substantial time and resources addressing your client's claims and if they do not want me to speak to you by telephone about matters we clearly disagree about, then I will honor that decision. If, however, they direct me to follow-up with you by telephone I will. In either event, we are confident that if litigation ensues a Court will dismiss any application to dissolve the company based on your client's unclean hands and urge you to reassess your client's legal position in that regard. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Peter Greiner [mailto:pgreiner@meyersonlawfirm.com] Sent: Thursday, March 25, 2010 12:17 PM To: Andrew Benchoff Cc: Jack Meyerson Subject: RE: Settlement Agreement and Mutual Release AJ: We are very troubled not only by your clients' position in abandoning the settlement but your refusal to even pick up the phone to discuss these issues. Our reading of the bank's letter is that the bank expressly stated that they do not believe that the settlement the parties agreed to impacts the terms and obligations of the loans Tolbert Masonry has with 1 F&M Trust. While they did not expressly use the word "approve" regarding the settlement, as they indicated they could not do as a third party, they clearly indicated the settlement was not an "Event of Default." To take their position any other way other than that their letter was an "approval" of the settlement for purposes of the settlement seems to be counterintuitive. We believe the parties entered into a legally binding contract when they agreed to the terms of the Settlement Agreement and Mutual Release on March 8, 2010. The provision for bank approval has been met, yet your clients, for some reason, refuse to honor the terms of the agreement and claim the agreement is "null and void." The only other alternative for the parties is litigation, which your clients certainly must know will mean the end of Tolbert Masonry. It is in everyone's best interests to at least speak about the issues your client have in light of the bank's letter and to seek clarification of the bank's position, if necessary. Please respond to this letter by the end of business today. Jack and I are available for a call at your convenience today or tomorrow. We look forward to hearing from you. Thanks. Pete Peter A Greiner, Esquire Meyerson & O'Neill 1700 Market Street Suite 3025 Philadelphia, Pa. 19103 (215) 972-1376 fax: (215) 972-0277 www.meyersonlawfirm.com NOTICE: This email message and any attachments hereto contain confidential information and may be protected by the attorney-client privilege and/or work product doctrine. If you are not the intended recipient, you must not review, disclose, copy, disseminate, distribute or use any of the information contained in, or attached to this email transmission. If you have received this email in error, please immediately notify me by forwarding this email to pgreiner@meyersonlawfirm.com or by telephone at (215) 972-1376 and then delete the message and its attachments from your computer. Thank you. -----Original Message----- From: Andrew Benchoff [mailto:Andrew@kornfield.net] Sent: Tuesday, March 23, 2010 7:42 AM To: Peter Greiner; Jack Meyerson Cc: Ralph Tolbert (E-mail); Kurt Tolbert (E-mail); Kurt Tolbert (E-mail 2) Subject: RE: Settlement Agreement and Mutual Release Pete and Jack, With all due respect, I am not sure there is anything further to talk about with regard to the Settlement Agreement and Mutual Release. Mr. Brookens' March 19 e-mail and March 19 letter clearly states that the bank will not approve the Settlement Agreement and Mutual Release. The express, written approval contingency has not and will not be met. Clause (3) of the Negative Covenants (referenced below and in the March 19 letter) also makes the Settlement Agreement and Mutual Release impossible to perform. Therefore, the Settlement Agreement and Mutual Release is null and void. If you have comments or questions I suggest you put them in writing and I will certainly forward them to my clients for their consideration. Thanks. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 2 (717)„762-6544 FAX 4ndrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Peter Greiner [mailto:pgreiner@meyersonlawfirm.com] Sent: Monday, March 22, 2010 9:30 PM To: Andrew Benchoff Cc: Jack Meyerson Subject: RE: Settlement Agreement and Mutual Release AJ : We would like to speak with you to discuss the bank's letter and your client's position. Are you available Wed. afternoon after 2:00 pm to speak with me and Jack? Please let me know if we can speak then. Thanks. Pete Peter A Greiner, Esquire Meyerson & O'Neill 1700 Market Street Suite 3025 Philadelphia, Pa. 19103 (215) 972-1376 fax: (215) 972-0277 www.meyersonlawfirm.com NOTICE: This email message and any attachments hereto contain confidential information and may be protected by the attorney-client privilege and/or work product doctrine. If you are not the intended recipient, you must not review, disclose, copy, disseminate, distribute or use any of the information contained in, or attached to this email transmission. If you have received this email in error, please immediately notify me by forwarding this email to pgreiner@meyersonlawfirm.com or by telephone at (215) 972-1376 and then delete the message and its attachments from your computer. Thank you -----Original Message----- From: Andrew Benchoff [mailto:Andrew@kornfield.net] Sent: Monday, March 22, 2010 2:17 PM To: Peter Greiner Cc: Ralph Tolbert (E-mail); Kurt Tolbert (E-mail); Kurt Tolbert (E-mail 2) Subject: FW: Settlement Agreement and Mutual Release Pete, Below is the e-mail from F&M Trust along with an attached letter dated March 19, 2010, which I was able to review with my clients this morning. Clause (3) of the Negative Covenants explains in pertinent part that Borrower covenants and agrees without the prior written consent of Lender Borrower shall not " . . . (3) pay any dividends on Borrower's stock . . ., or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure." The relevant language is attached. 3 The Tolberts are not comfortable going forward under the Settlement Agreement and Mutual Release because F&M Trust refused to approve the agreement, and F&M Trust will be able to consider the Settlement Agreement and Mutual Release an Event of Default under the Loan Documents at any time given the bank's reservation of rights in the letter. Therefore, the agreement is null and void. Please let me know if you have any questions or comments. Thanks. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Ken Brookens [mailto:Ken.Brookens@f-mtrust.com] Sent: Friday, March 19, 2010 5:18 PM To: Kurt Tolbert Cc: Bill Snell; Andrew Benchoff; Steve Patterson Subject: Settlement Agreement and Mutual Release Kurt, In reviewing the March 08, 2010 Settlement Agreement and Mutual Release (SAMR) with our attorney, we are of the opinion that providing an approval (or disapproval), as required under line item #5 of the SAMR, may and/or could, attach the Bank as a party to the agreement. As such, we have decided to provide you with a letter reflecting that we have reviewed the SAMR and that the terms do not or will not place the business in default, provided the company complies fully with the SAMR. I will prepare the original letter for mailing; however, a copy has been attached to this email. If you have any questions, please do not hesitate to contact me. Best Regards, Ken PRIVILEGED AND CONFIDENTIAL: This communication, including attachments, is for the exclusive use of addressee and may contain proprietary, confidential and/or privileged information. If you are not the intended recipient, any use, copying, disclosure, dissemination or distribution is strictly prohibited. If you are not the intended recipient, please notify the sender immediately by return e-mail, delete this communication and destroy all copies. 4 Page 2 of 3 Sent: Monday, March 29, 2010 11:38 AM To: Andrew Benchoff Subject: RE: Tolbert Mediation AJ: this is a follow-up to our phone conversation. In that conversation I suggested a conference call with the bank and its counsel to discuss a modification to its March 19, 2010 letter so as to allay your client's concerns. If the bank were to state in writing that (a) payments to fund the settlement agreement are not considered dividends, (b) that such payments do not need prior bank approval and (c) making the payments provided for in the settlement agreement does not constitute a default under clause (3) of the Negative Covenant, will your clients move forward with the settlement? Thanks. Ted Theodore A. Adler Esq. Reager & Adler PC 2331 Market Street Camp Hill, Pa. 17011 717-763-1383 717-730-7366 (fax) tadler __reageradlerpc.com From: Andrew Benchoff [mailto:Andrew@kornfield.net] Sent: Tuesday, February 23, 2010 12:56 PM To: Ted Adler Subject: RE: Tolbert Mediation Dear Mr. Adler, This Friday, February 26 1 am scheduled to be at the Conference for County Bar Leaders in Lancaster County all day. In addition, I am in the midst of preparing for a custody conciliation conference scheduled for Tuesday, March 2, trial scheduled for March 3, and working on several other pressing matters. Based on those matters I respectfully request an extension of the deadline by which I must file Party One's mediation memoranda through Tuesday, March 2. With that deadline I can have Party One's mediation memoranda and exhibits in the mail to you by the end of the day on March 1 at the latest (and I will be able to provide you with at least faxed copies of Party One's mediation memoranda by March 1 as well). Thank you for your consideration in this matter. Please let me know if that request is workable. Talk to you soon. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee (s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Alana Souders [mailto:asouders@ReagerAdlerpc.com] 4/6/2010 Page 1 of 4 Peter Greiner From: Ted Adler [TAdler@ReagerAdierpc.com] Sent: Monday, March 29, 2010 6:09 PM To: Peter Greiner Subject: Re: Tolbert v. Tolbert Masonry I have not heard back since I sent him an email this morning. Ted Sent from my Whone On Mar 29, 2010, at 6:06 PM, "Peter Greiner" <nereiner @meyersonlawfirm.com> wrote: Ted: Just wondering if you heard anything more from AJ today. I spoke with Steve Patterson, and he agreed that the bank's position was not intended to reserve any right to find Tolbert Masonry in default for payments to our client as "dividends." It sounds like he would be amenable to putting that in writing, but he said he wanted to speak with AJ first. Our client is understandably losing patience with this turn of events. We hope we can get this issue resolved this week. I am available tomorrow to speak with you and AJ, and I can arrange to get Steve and Ken Brookens from the bank on the line, if need be. If we can't get this worked out, we will have no choice but to explore all available legal options and their respective consequences, which I'm not sure AJ's clients fully understand. Thank you for your continuing efforts. Talk to you soon Pete Peter A Greiner, Esquire Meyerson & O'Neill 1700 Market Street Suite 3025 Philadelphia, Pa. 19103 (215) 972-1376 fax: (215) 972-0277 www.meyersonlawfirm.com NOTICE: This email message and any attachments hereto contain confidential information and may be protected by the attorney-client privilege and/or work product doctrine. If you are not the intended recipient, you must not review, disclose, copy, disseminate, distribute or use any of the information contained in, or attached to this email transmission. If you have received this email in error, please immediately notify me by forwarding this email to p refiner o,meyersonlawfirm.com or by telephone at (215) 972-1376 and then delete the message and its attachments from your computer. Thank you From: Peter Greiner Sent: Friday, March 26, 2010 4:14 PM To: Ted Adler' 4/6/2010 Page 1 of 1 Peter Greiner From: Ted Adler [TAdier@ReagerAdlerpc.com] Sent: Tuesday, March 30, 2010 1:54 PM To: Andrew Benchoff Cc: Peter Greiner Subject: Tolbert Masonry AJ; have you spoken to your clients regarding the language I suggested in my email to you yesterday and the willingness of your clients to participate in a conference call with the bank? Please let me know one way or the other by the end of the day. Thank you. Theodore A. Adler Esq. Reager & Adler PC 2331 Market Street Camp Hill, Pa. 17011 717-763-1383 717-730-7366 (fax) tadler reageradierpc.com 4/6/2010 EXHIBIT "F" Page 1 of 3 Peter Greiner From: Andrew Benchoff [Andrew@kornfield.net] Sent: Monday, April 05, 2010 9:08 AM To: Ted Adler Cc: Ralph Tolbert (E-mail); Kurt Tolbert (E-mail); Kurt Tolbert (E-mail 2); Peter Greiner Subject: RE: Tolbert Mediation Ted, Due to the company's financial situation caused by Keith Tolbert and the corresponding obligations owed to F&M Trust as the company's first-place priority lender, my clients Ralph and Kurt Tolbert required a clear and unambiguous contingency under the Settlement Agreement and Mutual Release in order for it to take effect; namely, they required and the Agreement requires the express written approval of F&M Trust. Per the Agreement we promptly submitted it to F&M Trust the day following the mediation for F&M Trust's consideration. After some deliberation Ken Brookens of F&M Trust sent the company an e-mail stating that F&M Trust could not approve the Agreement. He also sent a letter stating that F&M Trust would not view the Settlement Agreement and Mutual Release as an Event of Default under the Loan Documents at that time while also referencing Clause (3) of the Negative Covenants, which prohibits the payment of dividends and prohibits the company from purchasing outstanding shares of stock (the very intent of the Agreement). Moreover, Mr. Brookens reminded the company of F&M Trust's enforcement and other rights and remedies and expressly reserved them. Based on the e-mail and the letter F&M Trust could call the company's Loan at any time upon any payment to Keith in its discretion. The company cannot be put in that tenuous position. I believe Pete Greiner sent you copies of the e- mail and the letter based on our discussion, but if not I can provide you with copies of them. Due to the financial situation of the company and based on F&M Trust's clear position that it will not approve the Agreement, the Agreement contingency in paragraph 5 has not and will not be met. My clients are unwilling to revisit F&M Trust at this time because the company needed F&M Trust's approval to be comfortable moving forward under the Agreement. My clients are confident based upon F&M Trust's unequivocal position that there would be no benefit to revisiting the failed contingency. Please let me know if you have any additional questions or comments. Despite your desire to facilitate agreement between the parties, I trust that you understand my clients' position. Thank you. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Ted Adler [mailto:TAdler@ReagerAdlerpc.com] 4/6/2010 EXHIBIT "G" Page 1 of 5 Peter Greiner From: Andrew Benchoff [Andrew@kornfield.net] Sent: Monday, April 05, 2010 5:09 PM To: Peter Greiner Cc: Ralph Tolbert (E-mail); Kurt Tolbert (E-mail); Kurt Tolbert (E-mail 2) Subject: RE: Tolbert Mediation Pete, My e-mail speaks for itself, and many of your assumptions are incorrect. I am aware of the state of the law with regard to the enforcement of a settlement. I am also aware that an express written contingency on which an agreement is based must be met in order for a settlement to take effect. Clearly that has not happened. Your attempts to have my clients waive or revisit the required contingency under the Settlement Agreement and Mutual Release does not eliminate it, and your characterization that the contingency was somehow met does not make it so. I just concluded an afternoon appointment, but I will copy my clients on this e-mail response and reach out to them in the morning when time permits. I trust I will be able to respond to you by the end of the day tomorrow with their position and whether they are willing to authorize me to discuss this matter with F&M Trust further. I must advise you that you have a duty not to bring frivolous or meritless litigation pursuant to Pa.R.C.P. 1023.1. You should also proceed with caution in making unsolicited inquiries to F&M Trust, or its counsel, or interfering in my client's contractual relations with F&M Trust. Sincerely, AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Peter Greiner [mailto:pgreiner@meyersonlawfirm.com] Sent: Monday, April 05, 2010 3:59 PM To: Andrew Benchoff; Ted Adler Cc: Steve Patterson; Jack Meyerson Subject: RE: Tolbert Mediation AJ: We are extremely disappointed that your clients have decided to take this position. It seems apparent, based on your latest e-mail, that the real reason why your clients have chosen to back out of the settlement 4/6/2010 Page 2 of 5 has more to do with money than the alleged issue with the bank's approval. If that is the case, please be advised that the inability or refusal to pay a settlement is not a valid basis to seek to avoid the obligations of such a contract. As to your clients' alleged concerns regarding the bank's position regarding the settlement, we are prepared to have a call with you and Steve Patterson, counsel for the bank, to clarify the bank's position. I have apprised Mr. Patterson of your clients' belief regarding the bank's position, that somehow the bank has reserved the ability to find your clients in default of the loans for payments under the settlement agreement to Keith Tolbert, and he is prepared to clarify the bank's position for you. I will not speak for Mr. Patterson or the bank, but it is our position, and we believe the position of any judge in Chambersburg, that "express written approval" by the bank, as provided in the settlement agreement, has been met, and that our settlement will be enforced. Please advise me by 5:00 pm today whether you are interested in speaking with Mr. Patterson and me about this issue. If you choose not to, please be advised that we are presently filing a motion to enforce the settlement against your clients in the Franklin County Court of Common Pleas. We believe that our motion will be granted without much fanfare, and that your clients will not only be liable for a judgment against them for the amount of the settlement, but they will also owe fees and costs for the prosecution of the motion. However, if for some reason the judge does not enforce the settlement, we have prepared and will file our complaint for a derivative action on behalf of Ralph E. Tolbert Masonry, Inc. seeking a receiver and dissolution of the company for your clients' alleged self-dealing and harmful actions toward the company and its shareholders. Thank you for your prompt attention to this matter. Very truly yours, Peter A Greiner, Esquire Meyerson & O'Neill 1700 Market Street Suite 3025 Philadelphia, PA 19103 (215) 972-1376 fax: (215) 972-0277 www.meyersonlawfirm.com NOTICE: This email message and any attachments hereto contain confidential information and may be protected by the attorney-client privilege and/or work product doctrine. If you are not the intended recipient, you must not review, disclose, copy, disseminate, distribute or use any of the information contained in, or attached to this email transmission. If you have received this email in error, please immediately notify me by forwarding this email to pgreiner@meyersonlawfirm.com or by telephone at (215) 972-1376 and then delete the message and its attachments from your computer. Thank you. From: Andrew Benchoff [mailto:Andrew@kornfield.net] Sent: Monday, April 05, 2010 9:08 AM To: Ted Adler Cc: Ralph Tolbert (E-mail); Kurt Tolbert (E-mail); Kurt Tolbert (E-mail 2); Peter Greiner Subject: RE: Tolbert Mediation Ted, Due to the company's financial situation caused by Keith Tolbert and the corresponding obligations owed to F&M Trust as the company's first-place priority lender, my clients Ralph and Kurt Tolbert required a clear 4/6/2010 Page 3 of 5 . , , S. and unambiguous contingency under the Settlement Agreement and Mutual Release in order for it to take effect; namely, they required and the Agreement requires the express written approval of F&M Trust. Per the Agreement we promptly submitted it to F&M Trust the day following the mediation for F&M Trust's consideration. After some deliberation Ken Brookens of F&M Trust sent the company an e-mail stating that F&M Trust could not approve the Agreement. He also sent a letter stating that F&M Trust would not view the Settlement Agreement and Mutual Release as an Event of Default under the Loan Documents at that time while also referencing Clause (3) of the Negative Covenants, which prohibits the payment of dividends and prohibits the company from purchasing outstanding shares of stock (the very intent of the Agreement). Moreover, Mr. Brookens reminded the company of F&M Trust's enforcement and other rights and remedies and expressly reserved them. Based on the e-mail and the letter F&M Trust could call the company's Loan at any time upon any payment to Keith in its discretion. The company cannot be put in that tenuous position. I believe Pete Greiner sent you copies of the e-mail and the letter based on our discussion, but if not I can provide you with copies of them. Due to the financial situation of the company and based on F&M Trust's clear position that it will not approve the Agreement, the Agreement contingency in paragraph 5 has not and will not be met. My clients are unwilling to revisit F&M Trust at this time because the company needed F&M Trust's approval to be comfortable moving forward under the Agreement. My clients are confident based upon F&M Trust's unequivocal position that there would be no benefit to revisiting the failed contingency. Please let me know if you have any additional questions or comments. Despite your desire to facilitate agreement between the parties, I trust that you understand my clients' position. Thank you. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX and rew@kornfield. net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee (s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Ted Adler [mailto:TAdier@ReagerAdlerpc.com] Sent: Monday, March 29, 2010 11:38 AM To: Andrew Benchoff Subject: RE: Tolbert Mediation AJ: this is a follow-up to our phone conversation. In that conversation I suggested a conference call with the bank and its counsel to discuss a modification to its March 19, 2010 letter so as to allay your client's concerns. If the bank were to state in writing that (a) payments to fund the settlement agreement are not considered dividends, (b) that such payments do not need prior bank approval and (c) making the payments provided for in the settlement agreement does not constitute a default under clause (3) of the Negative Covenant, will your clients move forward with the settlement? Thanks. Ted Theodore A. Adler Esq. 4/6/2010 Page 4 of 5 ,A , 4 Reager & Adler PC 2331 Market Street Camp Hill, Pa. 17011 717-763-1383 717-730-7366 (fax) tadler@reageradlerpc. com From: Andrew Benchoff [mailto:Andrew@kornfield.net] Sent: Tuesday, February 23, 2010 12:56 PM To: Ted Adler Subject: RE: Tolbert Mediation Dear Mr. Adler, This Friday, February 26 1 am scheduled to be at the Conference for County Bar Leaders in Lancaster County all day. In addition, I am in the midst of preparing for a custody conciliation conference scheduled for Tuesday, March 2, trial scheduled for March 3, and working on several other pressing matters. Based on those matters 1 respectfully request an extension of the deadline by which I must file Party One's mediation memoranda through Tuesday, March 2. With that deadline I can have Party One's mediation memoranda and exhibits in the mail to you by the end of the day on March 1 at the latest (and I will be able to provide you with at least faxed copies of Party One's mediation memoranda by March 1 as well). Thank you for your consideration in this matter. Please let me know if that request is workable. Talk to you soon. AJ Andrew J. Benchoff, Esq. Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 (717) 762-6544 FAX andrew@kornfield.net NOTICE: The information contained in this transmission is intended for the exclusive use of the addressee(s) and may contain information that is privileged, confidential, and/or protected from disclosure. If you are not the intended recipient, do not disseminate, distribute or copy this communication. If you have received this transmission in error, please immediately reply to the sender and then delete it. Thank you for your compliance. -----Original Message----- From: Alana Souders [mailto:asouders@ReagerAdlerpc.com] Sent: Monday, February 22, 2010 1:51 PM To: Andrew Benchoff Cc: Ted Adler Subject: Tolbert Mediation Attached is a copy of the Confidential Mediation Agreement, which was executed by counsel for Keith Tolbert. Thank you. 4/6/2010 Page 5 of 5 Alana L. Souders Legal Assistant to Theodore A. Adler, Esquire Reager & Adler, P.C. 2331 Market Street Camp Hill, PA 17011 (ph) 717-763-1383, ext. 131 (fax) 717-730-7366 www.ReagerAdlerPC.com The information contained in this e-mail message is intended only for the personal and confidential use of the recipient(s) named above. This message may be any attomey-client communication and as such is privileged and confidential. If the reader of this message is not the intended recipient or an agent responsible for delivering it to the intended recipient, you are hereby notified that you have received this document in error and that any review, dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please notify us immediately by e-mail, and delete the original message at once. Circular 230 Disclosure: Unless expressly stated otherwise, this communication is not intended to be used by any taxpayer and may not be used or relied upon by any taxpayer for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code of 1986, as amended. No one, without our express prior written consent, may use any part of this communication to promote, market, or recommend to another party any tax-related transactions or matters that may be addressed herein. Thank you. Reager & Adler, PC 4/6/2010 Andrew J. Benchoff, Esq. Attorney for Defendants Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 FAX 762-6544 andrew@kornfield.net Atty. I.D. #89159 KEITH TOLBERT, SR., Plaintiff v RALPH E. TOLBERT MASONRY, INC., RALPH E. TOLBERT, and KURT TOLBERT, Defendants r +~ Ir t ~~ 1^~ CUC~.. "~i.11~TY IN THE COURT OF COMMON PLEAS OF THE 9TH JUDICIAL DISTRICT, PA. CUMBERLAND COUNTY CIVIL ACTION -LAW No. 10-2612 Civil Term . Judge: DEFENDANTS' PRELIMINARY OBJECTIONS TO PLAINTIFF'S VERIFIED COMPLAINT NOW COME Defendants, Ralph E. Tolbert Masonry, Inc., Ralph E. Tolbert, and Kurt Tolbert, by and through their attorney, Andrew J. Benchoff, Esq., and set forth Defendants' Preliminary Objections to Plaintiff's Verified Complaint, as follows: Legal Insufficiency (Demurrer) of Counts I-Breach of Contract Brought by Plaintiff Against Defendant Pursuant to Pa.R.C.P. No. 1028(a)(4) 1. Plaintiff has brought a one (1) count Verified Complaint ("the Complaint") alleging the claim of breach of contract by and against Defendants. 2. Pursuant to Pa.R.C.P. No. 1028(a)(4) a party may file a preliminary objection alleging the legal insufficiency of a pleading (demurrer). 3. The SAMR is attached to the Complaint as Exhibit "A." 4. Paragraph 5 of the SAMR states, "The entire agreement shall be contingent upon express written approval from F&M Trust. In the even F&M Trust does not approve this agreement in writing, the entire agreement shall be null and void." 5. Paragraph 1(E) of the SAMR states, "RETM (Ralph E. Tolbert Masonry, Inc.) and RKT (Ralph and Kurt Tolbert) shall bring the facts and terms of the instant settlement to F&M Bank within 2 days of the date of this agreement for approval. RETM and RKT shall inform Meyerson & O'Neill immediately upon any information from the bank about the approval of this settlement." 6. In paragraph 18 of the Complaint Defendant referred to a March 19, 2010 teleconference between counsel about F&M Trust's position with regard to the SAMR. 7. Later on March 19, 2010 Kenneth Brookens of F&M Trust sent Defendants and the undersigned an e-mail and a letter regarding the SAMR. The letter is attached as Exhibit "C," however, the a-mail is not attached to Exhibit "C." The March 19, 2010 e- mail from Mr. Brookens is, however, included within Exhibit "D," and within Exhibit "E." The March 19, 2010 e-mail and the March 19, 2010 letter (collectively referred to hereinafter as "the March 19 Communications"). 8. Within the March 19 Communications Mr. Brookens stated in pertinent part, "In reviewing the March 08, 2010 Settlement Agreement and Mutual Release (SAMR) with our attorney, we are of the opinion that providing an approval (or disapproval), as required under line item # 5 of the SAMR, may and/or could, attach the Bank as a party to the agreement. As such, we have decided to provide you with a letter reflecting that we have reviewed the SAMR and that the terms do not or will not place the business in default, provided the company complies fully with the SAMR." 9. Under the SAMR, Defendants bargained for "express written approval from F&M Trust." 10. F&M Trust did not provide express written approval and specifically disavowed its willingness to provide express written approval of the SAMR's terms. 11. The "express written approval from F&M Trust" contingency has not been met as a matter of law. 12. To be sure, and as contained in Exhibit "E," the undersigned reminded counsel for Plaintiff via a March 25, 2010 e-mail that, "After Ken Brookens verbally stated F&M Trust's position to us by telephone, you even questioned Mr. Brookens that the Settlement Agreement and Mutual Release required express written approval not simply a statement that the Settlement Agreement and Mutual Release was not an Event of Default under the Loan Documents," which question by Plaintiff's counsel acknowledged and admitted that the contingency had not been met. 13. In addition, and as reflected in his March 29, 2010 e-mail to the undersigned as contained within Exhibit "F," Theodore A. Adler, Esq., who mediated the SAMR, " .. . suggested a conference call with the bank and its counsel to discuss a modification to its March 19, 2010 letter so as to allay your client's concerns," thus, acknowledging the contingency had not been met. 14. Count I of the Complaint, regarding Breach of Contract, is legally insufficient as a matter of law because it does not state a legal claim on which relief can be granted and it should be dismissed with prejudice. 15. In the request for relief (WHEREFORE) clause of the Complaint, Plaintiff prayed for reasonable counsel fees. 16. Plaintiff has failed to specify any contractual or statutory authority for his request for counsel fees. 17. Absent a contractual provision authorizing such fees or statutory authorization, Plaintiff has no legal basis for seeking an award of counsel fees. 18. Plaintiff has failed to state a valid cause of action under Pennsylvania law for breach of contract and/or counsel fees. WHEREFORE, for the foregoing reasons, Defendants respectfully request that this Honorable Court sustain and grant this preliminary objection in the nature of a demurrer and dismiss Plaintiff's Complaint with prejudice. Failure of a Pleading to Conform to Law or Rule of Court or Inclusion of Scandalous or Impertinent Matter-Pursuant to Pa.R.C.P. No. 1028(a)(2) 19. Paragraphs 1 through 18 above are incorporated herein by reference. 20. Pursuant to Pa.R.C.P. No. 1028(a)(2) a party may file a preliminary objection alleging failure of a pleading to conform to law or rule of court or inclusion of scandalous or impertinent matter. 21. The Complaint alleges a breach of contract claim, but contains scandalous and/or impertinent matter unnecessary for a resolution of the claim by this Honorable Court all of which is objectionable and should be stricken as follows: A.) Paragraph 1 of the Complaint improperly includes a Preliminary Statement with Plaintiff s impressions, positions, and perspective leading up to execution of the SAMR on March 8, 2010; B.) Paragraphs 7 through 10 improperly include Plaintiff s impressions, positions, and perspectives leading up to the execution of the SAMR on March 8, 2010; C.) Paragraph 14 improperly includes Plaintiffs impressions, positions, and perspectives as to alleged improper actions and mismanagement of RETM by Ralph and Kurt Tolbert; D.) Paragraphs 20 through 25 improperly include Plaintiff s impressions, positions, and perspectives as to Defendants' position that the contingency within the SAMR had not been met; E.) Paragraph 30 improperly being "without merit"; and, F.) Paragraph 35 improperly being "without merit". characterizes Defendants' position as characterizes Defendants' position as 22. If the Complaint survives the first objection in the nature of a demurrer in whole or in part, this Honorable Court can properly determine any breach of contract claim based upon the remaining paragraph allegations in the Complaint, the Exhibit "A" SAMR, the Exhibit "B" a-mail dated March 9, 2010, the Exhibit "C" letter dated March 19, 2010, the March 19, 2010 e-mail from Ken Brookens to Defendants and the undersigned which is not included within Exhibit "C" but which accompanied the March 19, 2010 letter and is included within Exhibit "D," and within Exhibit "E," and any responsive pleading filed by Defendants. WHEREFORE, for the foregoing reasons, Defendants respectfully request that this Honorable Court sustain and grant this preliminary objection and strike off with prejudice paragraphs 1, 7-10, 14, 20-25, 30, and 35 (along with any corresponding exhibits entirely related thereto) to eliminate any and all references direct or indirect to the improperly included and identified scandalous and/or impertinent matter. Insufficient Specificity of aPleading-Pursuant to Pa.R.C.P. No. 1028(a)(3) 23. Paragraphs 1 through 22 above are incorporated herein by reference. 24. Pursuant to Pa.R.C.P. No. 1028(a)(3) a party may file a preliminary objection alleging failure of a pleading to set forth sufficiently specific facts. 25. Paragraph 1 of the Complaint includes an allegation that " ...Defendants ...had taken control of the businesses and systematically paid themselves and others money in violation of their fiduciary duties to the company and its shareholders, without the knowledge and/or consent of the other shareholder, Plaintiff Keith Tolbert." 26. The Paragraph 1 allegation that Defendants paid themselves and others is vague and overbroad and is not sufficiently specific as required by Pa.R.C.P. 1019. 27. If the paragraph 1 allegation that Defendants paid themselves and others survives the first and/or second objections, Defendants will require a more specific pleading with regard to the paragraph 1 allegation identified above in order to properly prepare and present their defense(s) to this Honorable Court. WHEREFORE, for the foregoing reasons, Defendants respectfully request that, if the Complaint survives the first and/or second objections in whole or in part, this Honorable Court sustain and grant this preliminary objection and order Plaintiff to file a more specific pleading that is factually sufficient in order for Defendants to properly prepare and present their defense(s). By Andrew J. Benchoff, Esq. Attorney for Defendants Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 FAX 762-6544 andrew@kornfield.net Atty. I.D. #89159 KEITH TOLBERT, SR., IN THE COURT OF COMMON PLEAS OF THE 9TH JUDICIAL DISTRICT, PA. Plaintiff . CUMBERLAND COUNTY v CIVIL ACTION -LAW RALPH E. TOLBERT MASONRY, INC., RALPH E. TOLBERT, and KURT . TOLBERT, . Defendants No. 10-2612 Civil Term . Judge: CERTIFICATE OF SERVICE This is to certify that in this case, not yet assigned to a Judge, complete copies of all papers contained in the Defendants' Preliminary Objections to Plaintiff's Verified Complaint have been served upon the following person(s), by the following means and dates stated: Jack Meyerson, Esq. Peter A. Greiner, Esq. Meyerson & O'Neill 1700 Market Street, Suite 3025 Philadelphia, PA 19103 Via: First Class U.S. Mail Date: May ~, 2010 I verify that the statements made in this Certificate are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. KORNFI~bIa and BENCHOFF. LLP By J. B 'for PRAECIPE FOR LISTING CASE FOR ARGUMENT (Must be typewritten and submitted in triplicate) TO THE PROTHONOTARY OF CUMBERLAND COUNTY: (List the within matter for the next Argument Court.) CAPTION 4F CASE (entire caption must i5e stated in full) Keith Tolbert, Sr. vs. Ralph E. Tolbert Masonry, Inc., Ralph E. Tolbert, and Kurt Tolbert 1. State matter to be argued'(i.e., plaintiffs rrmgtion for new trial, defendant's demurrer tv complaint, etc.): Defendants' Preliminary Objections to Plaintiffs Verified Complaint 2. identify all counsel who will argue cases: ra u '" ;_ . .-! - -;~"'_~ _ _ -_,-~ rU~ ~:.. ~. ,~ ~ "~ b (a) for plaintiffs: Peter A.. Greiner, Esq. (Name and Address) Meyerson & OTieill, 1700 Market Street, Suite 3025, Philadelphia, PA 19103 (b} for defendants: Andrew J. Benchoff, Esq. (Name and Address) Komtield &Benchoff, LLP, 17 N. Church Street, Waynesboro, PA 17268 3. I will notify a!I parties in writing within two days that this case has been listed for argument. 4. Argument Court Date: August 18, 2010 Signature Peter A. Greiner, Esq. Print your name Plaintff Keith Tolbert, Sr. 1 Q . ~ / _ ~ ~ Attorney for Date: ~$ (0 INSTRUCTIONS: 1. Original and two copies of all briefs must be filed with the COURT ADMINISTRATOR (not the Prothonotary) before argument. 2. The moving party shall file and serve their brief 12 days prior to argument. 3. The responding party shall file their brief 5 days prior to argument. 4. If argument is continued new briefs must be filed with the COURT ADMINISTRATOR (not the Prothonotary) after the case is retisted. PRAECIPE FOR LISTING CASE FOR ARGUMENT (Must be typewritten and submitted in triplicate) TO THE PROTHONOTARY OF CUMBERLAND COUNTY Argument Court.) CAPTION OF CASE (entire caption must be stated in full) Keith Tolbert, Sr. vs. Ralph E. Tolbert Masonry, Inc., Ralph E. Tolbert, and Kurt Tolbert 4 -. A 4 he next _t (List the within matter for ` ? ------------------------- 't? t-" F M l t No. 2612 2010 Term 1. State matter to be argued (i.e., plaintiffs motion for new trial, defendant's demurrer to complaint, etc.): Defendants' Preliminary Obiections to Plaintiffs Verified Complaint 2. Identify all counsel who will argue cases: (a) for plaintiffs: Peter A. Greiner, Esq. (Name and Address) Meyerson & O Neill, 1700 Market Street, Suite 3025, Philadelphia, PA 19103 (b) for defendants: Andrew J. Benchoff, Esq. (Name and Address) Komfield & Benchoff, LLP, 17 N. Church Street, Waynesboro, PA 17268 3. 1 will notify all parties in writing within two days that this case has been listed for argument. 4. Argument Court Date: October 6, 2010 Date: September 9, 2010 Signature Peter A. Greiner, Esq. Print your name Plaintff Keith Tolbert, Sr. Attorney for INSTRUCTIONS: 1. Original and two copies of all briefs must be filed with the COURT ADMINISTRATOR (not the Prothonotary) before argument. 2. The moving party shall file and serve their brief 12 days prior to argument. 3. The responding party shall file their brief 5 days prior to argument. 4. If argument is continued new briefs must be filed with the COURT ADMINISTRATOR (not the Prothonotary) after the case is relisted. KEITH TOLBERT, SR., PLAINTIFF V. RALPH TOLBERT MASONRY, INC., AND RALPH TOLBERT, AND KURT TOLBERT, DEFENDANTS IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA NO. 10-2612 CIVIL IN RE: DEFENDANTS' PRELIMINARY OBJECTIONS BEFORE HESS, J, AND EBERT, J. ORDER OF COURT AND NOW, this 14th day of December, 2010, upon consideration of the Defendants' Preliminary Objections to Plaintiff's Verified Complaint, the Plaintiff's Response thereto, and after argument, IT IS HEREBY ORDERED AND DIRECTED that the Defendants' Preliminary Objections are OVERRULED. Defendants are directed to Answer the Plaintiff's Complaint within twenty (20) days. By the Court, a, Peter A. Greiner, Esquire Attorney for Plaintiff 1700 Market Street, Suite 3025 Philadelphia, PA 19103 V Andrew J. Benchoff, Esquire Attorney for Defendants 17 North Church Street Waynesboro, PA 17268 L? I c C _?j E 1 s a p Z- w v 0 0 0 ? D -c bas 0o p i es mA. l ed 0-1141t) Pv4- c i Andrew J. Benchoff, Esq. Attorney for Defendants Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 FAX 762-6544 andrew@kornfield.net Atty. I.D. #89159 KEITH TOLBERT, SR., Plaintiff v RALPH E. TOLBERT MASONRY, INC., RALPH E. TOLBERT, and KURT TOLBERT, Defendants FILEii-0-r -,: t 1iIE 1 ?C ! GN0 F . ,'. 23 ttt t .11-?:!,!' 1I LJi1 : ii PENNSYLVA'111 A5 : IN THE COURT OF COMMON PLEAS OF : THE 9TH JUDICIAL DISTRICT, PA. CUMBERLAND COUNTY CIVIL ACTION - LAW : No. 10-2612 Civil Term . Judge: To: Keith Tolbert, Sr. c/o Jack Meyerson, Esq. Peter A. Greiner, Esq. Meyerson & O'Neill 1700 Market Street, Suite 3025 Philadelphia, PA 19103 You are hereby notified to plead to the enclosed Defendants' New Matter and Counterclaim within twenty (20) days from service hereof or a default judgment may be entered against you. YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU DO NOT HAVE A LAWYER, GO TO OR TELEPHONE THE OFFICE SET FORTH BELOW. THIS OFFICE CAN PROVIDE YOU WITH INFORMATION ABOUT HIRING A LAWYER. IF YOU CANNOT AFFORD TO HIRE A LAWYER, THIS OFFICE MAY BE ABLE TO PROVIDE YOU WITH INFORMATION ABOUT AGENCIES THAT MAY OFFER LEGAL SERVICES TO ELIGIBLE PERSONS AT A REDUCED FEE OR NO FEE. PA Bar Association Lawyer Referral Service P.O. Box 186, 100 South Street Harrisburg, PA 17108 Telephone Number: 800-692-7375 Date: Aecew -r 30, ,?00 B3 Andrew J. Benchoff, Esq. Attorney for Defendants Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 FAX 762-6544 andrew@kornfield.net Atty. I.D. #89159 KEITH TOLBERT, SR, Plaintiff v RALPH E. TOLBERT MASONRY, INC., RALPH E. TOLBERT, and KURT TOLBERT, Defendants : IN THE COURT OF COMMON PLEAS OF : THE 9TH JUDICIAL DISTRICT, PA. : CUMBERLAND COUNTY : CIVIL ACTION -LAW : No. 10-2612 Civil Term . Judge: DEFENDANTS' ANSWER TO PLAINTIFF'S VERIFIED COMPLAINT WITH DEFENDANTS' NEW MATTER AND COUNTERCLAIM NOW COME Defendants, Ralph E. Tolbert Masonry, Inc., Ralph E. Tolbert, and Kurt Tolbert, by and through their attorney, Andrew J. Benchoff, Esq., and set forth Defendants' Answer to Plaintiffs Verified Complaint with Defendants' New Matter and Counterclaim, as follows: Answer to Plaintiffs Verified Complaint 1. The Preliminary Statement paragraph is admitted in part and denied in part. It is denied in that the averments contained in paragraph 1 of the Verified Complaint ("the Complaint") contain conclusions of law and legal characterizations to which no responsive pleading is required. To the extent that a response is required, and by way of explanation, this action was brought by Plaintiff related to a Settlement Agreement and Mutual Release dated March 8, 2010 ("SAMR") between Plaintiff and Defendants ("the parties"), the contingencies of which were not and have not been met (emphasis added). The SAMR is null and void and Defendants have not funded the SAMR because F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. See Exhibit "A" and Exhibit "C" of the Complaint. Therefore, pursuant to paragraph 5 of the SAMR the entire SAMR is null and void. Further denied in that Plaintiffs averments about being "frozen out" of RETM and the background leading to the mediation and execution of the SAMR are irrelevant or, if relevant, prejudicial. By way of explanation, and without waiver of any relevancy or unfair prejudice objections, Plaintiff voluntarily quit his job at Ralph E. Tolbert Masonry, Inc. ("RETM") on or around April, 2009-he was not frozen out as alleged. While employed with RETM from 2003 through on or about April, 2009, Plaintiff was a Vice President and Treasurer of RETM and. was responsible for making transactional disbursements to vendors, maintaining custody of the corporate records and for interacting with RETM's accountant to properly account for RETM's transactions. By virtue of being a corporate officer of RETM, Plaintiff knew or should have known about RETM's transactions as they occurred or within a reasonable time of their occurrence and he handled the transactions, and/or agreed to or acquiesced in the said transactions of RETM. In fact, many of the transactions handled by Plaintiff were unknown to Defendants Kurt Tolbert and Ralph Tolbert until after they were able to review the corporate records of RETM after Plaintiffs departure. It is believed and therefore averred that by unanimous consent of the shareholders of RETM through 2008, or by his own affirmative act as he was in control of the purse strings of the corporation, Plaintiff consented to and agreed to any and all actions taken by RETM or Defendants Kurt Tolbert and Ralph Tolbert. The only relevant facts before this Honorable Court based on the Complaint should be the SAMR and F&M Trust's position concerning the SAMR based on its loan and related agreements with Defendants, some of which position is set forth in the March 19, 2010 letter response to Defendants. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied for the reasons set forth in Defendants' New Matter, all of which is incorporated herein by reference. Without waiver of the relevancy and unfair prejudice objections, the averments are admitted only in that the parties did agree to mediate before a private, third-party mediator, Theodore Adler, Esq. ("Mr. Adler") in an attempt to resolve their disputes and a buy-out of Plaintiffs shares; however, the contingencies Defendants required in the SAMR, as aforesaid, were not and have not been met. Response to Parties 2. Admitted. 3. Admitted. 4. Admitted in part and denied in part. This paragraph is admitted in that Defendant Kurt Tolbert is an adult individual residing at 1675 Brechbill. Road in Chambersburg (not on Gayman Road as alleged) who owns 45% of the shares of RETM. Denied in that the averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that the allegation that Defendant Kurt Tolbert is and "at all relevant times" has been a controlling shareholder is irrelevant and, if relevant, prejudicial. Furthermore, Defendant Kurt Tolbert has not been a controlling party of RETM "at all relevant times"; to the contrary, Plaintiff was a Vice President prior to voluntarily quitting his job in April, 2009 and continues to own 45% of the shares of RETM. 5. Admitted in part and denied in part. This paragraph is admitted in that Defendant Ralph Tolbert is an adult individual residing in Chambersburg as alleged who owns 10% of the shares of RETM. Denied in that the averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that the allegation that Defendant Ralph Tolbert is and "at all relevant times" has been a controlling shareholder is irrelevant and, if relevant, prejudicial. Furthermore, Defendant Ralph Tolbert has not been a controlling party of RETM "at all relevant times"; to the contrary, Plaintiff was a Vice President prior to voluntarily quitting his job in April, 2009 and continues to own 45% of the shares of RETM. 6. Admitted. Response to Operative Facts 7. Admitted, and by way of further explanation, it is believed and therefore averred that Plaintiff was employed by RETM from 1979 through on or about April, 2009, and from 2003 through on or about June, 2009, Plaintiff was Treasurer of RETM and was responsible for maintaining custody of the corporate records and for interacting with RETM's accountant to properly account for RETM's transactions. 8. Admitted in part and denied in part. Although same is irrelevant or, if relevant, prejudicial, it is admitted only that Defendants did unsuccessfully attempt to buy-out Plaintiff's shares of RETM. Denied in that Plaintiff was not asked to leave, but instead voluntarily quit his employment with RETM on or about April, 2009. More specifically, Plaintiff gave Defendant Kurt Tolbert an ultimatum that either he or Defendant Kurt Tolbert would need to leave Defendant RETM's employ to which ultimatum Defendant Kurt Tolbert stated, "I'm staying". 9. Admitted in part and denied in part. Denied in that the mandamus action was filed in the Franklin County Court of Common Pleas at Civil Action Docket No. 2009- 3230. The remaining averments contained within this paragraph are irrelevant or, if relevant, prejudicial. Without waiver of the relevancy or unfair prejudice objections, Defendants admit that the suit was filed and that Plaintiff agreed to reasonable terms demanded by Defendants in order to receive access to the corporate records, after which Defendants provided access to the corporate records and Plaintiff voluntarily discontinued the mandamus action. 10. Admitted in part and denied. Denied in that after reasonable investigation, Defendants are without knowledge or information sufficient with which to form a response to the allegation that Plaintiff determined that he had a possible claim individually, and derivatively on behalf of the corporation, against Defendants Ralph Tolbert and Kurt Tolbert for what he perceived to be improper actions in diverting the assets of RETM for their own personal gain, and to the detriment of RETM and its shareholders, including Plaintiff; therefore, and strict proof thereof is demanded at trial. Further denied in that Plaintiff voluntarily quit his job at Ralph E. Tolbert Masonry, Inc. ("RETM") on or around April, 2009-he was not frozen out as alleged. While employed with RETM from 2003 through on or about April, 2009, Plaintiff was a Vice President and Treasurer of RETM and was responsible for making transactional disbursements to vendors, maintaining custody of the corporate records and :for interacting with RETM's accountant to properly account for RETM's transactions. By virtue of being a corporate officer of RETM, Plaintiff knew or should have known about RETM's transactions as they occurred or within a reasonable time of their occurrence and he handled the transactions, and/or agreed to or acquiesced in the said transactions of RETM. In fact, many of the transactions handled by Plaintiff were unknown to Defendants Kurt Tolbert and Ralph Tolbert until after they were able to review the corporate records of RETM after Plaintiff s departure. It is believed and therefore averred that by unanimous consent of the shareholders of RETM through 2008, Plaintiff was in control of the purse strings of the corporation and consented to and agreed to any and all actions taken by RETM or Defendants Kurt Tolbert and Ralph Tolbert. 11. Although same is irrelevant or, if relevant, prejudicial, it is admitted that the parties along with their respective counsel attempted to negotiate a buy-out Plaintiff's shares of RETM before Mr. Adler in his Camp Hill offices on March 8, 2010. Without waiver of the relevancy and unfair prejudice objections, but by way of further explanation, Defendants also sought to address and resolve their claims against Plaintiff for improperly diverting corporate assets for his personal gain and committing waste against RETM, all while Plaintiff was in control of the purse strings of the corporation as set forth in more detail above. 12. Admitted in part and denied in part. It is admitted that the parties executed the SAMR. It is denied in that the contingencies of the SAMR were not and have not been met (emphasis added). The SAMR is null and void and Defendants have not funded the SAMR because F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. See Exhibit "A" and Exhibit "C" of the Complaint. Therefore, pursuant to paragraph 5 of the SAMR the entire SAMR is null and void. 13. Admitted in part and denied in part. It is admitted that the parties executed the SAMR. It is denied in that the contingencies of the SAMR were not and have not been met (emphasis added). The SAMR is null and void and Defendants have not funded the SAMR because F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. See Exhibit "A" and Exhibit "C" of the Complaint. Therefore, pursuant to paragraph 5 of the SAMR the entire SAMR is null and void. 14. Denied. This paragraph contains conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that the SAMR is a written document that speaks for itself and any legal characterization concerning the reasons underlying its execution are irrelevant or, if relevant, prejudicial as this Honorable Court is vested with the power to interpret it. Without waiver of the relevancy and unfair prejudice objections, but by way of further explanation, Defendants also sought to address and resolve their claims against Plaintiff for improperly diverting corporate assets for his personal gain and committing waste against RETM, all while Plaintiff was in control of the purse strings of the corporation as set forth in more detail above. 15. Admitted. 16. Admitted. 17. Admitted. 18. Admitted in part and denied in part. Admitted only that the parties did have a telephone conference on March 19, 2010 to discuss the SAMR. Denied in that the March 19, 2010 e-mail ("the E-mail) and March 19, 2010 letter ("the Letter") are writings that speak for themselves. Further denied in that at the outset of the March 19, 2010 telephone conference, Mr. Brookens and Attorney Patterson, both on behalf of F&M Trust, stated that F&M Trust was not in a position to and would not approve the SAMR as written in writing (as required by paragraph 5 of the SAMR), and that a letter would be forthcoming regarding F&M Trust's position about the SAMR. 19. Admitted in part and denied in part. Admitted only that Mr. Brookens on behalf of F&M Trust sent the E-mail and the Letter to the undersigned, counsel for Defendants on March 19, 2010. Denied in that the E-mail and the Letter are writings that speak for themselves. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 20. Admitted in part and denied in part. Although same is irrelevant or, if relevant, prejudicial, it is admitted only that the undersigned, counsel for Defendants sent the referenced e-mail and attachments based on and in response to the E-mail and the Letter sent from Mr. Brookens of F&M Trust to Defendants. Denied in that the undersigned, counsel for Defendants' e-mail and the attachments thereto are writings that speak for themselves. The relevant language of Clause (3) of the Negative Covenants attached to the referenced e-mail is attached hereto as Exhibit "D-1," and incorporated herein by reference. Further denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 21. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that the Exhibit "B" communications are irrelevant or, if relevant, prejudicial. Without waiver of the relevancy and unfair prejudice objections, the Exhibit "E" communications are writings that speak for themselves. Further denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 22. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that Exhibit "F" is irrelevant or, if relevant, prejudicial. Without waiver of the relevancy and unfair prejudice objections, Exhibit `F" is a writing that speaks for itself. Further denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 23. The response to paragraph 22 above is restated and incorporated herein by reference. 24. The response to paragraph 22 above is restated and incorporated herein by reference. 25. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that the Exhibit "G" communications are irrelevant or, if relevant, prejudicial. Without waiver of the relevancy and unfair prejudice objections, the Exhibit "G" communications are writings that speak for themselves. Further denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. Response to Count I-Breach of Contract 26. Paragraphs 1 through 25 above are incorporated herein by reference. 27. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 28. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 29. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void. See Exhibit "A" and Exhibit "C " of the Complaint. Further denied in that the a-mails and communications from the undersigned, counsel for Defendants, are irrelevant or, if relevant, prejudicial. Without waiver of the relevancy and unfair prejudice objections, the communications from the undersigned, counsel for Defendants within Exhibit "D", Exhibit "E," Exhibit "F," and Exhibit "G" are writings that speak for themselves. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 30. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied in that Plaintiff's position is without merit based on the clear language of Exhibit "C" and in light of the relevant language of Clause (3) of the Negative Covenants attached to the referenced e-mail, which is attached hereto as Exhibit "D-1," and incorporated herein by reference. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 31. Admitted in part and denied in part. Denied in that the averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied in that Plaintiff's counsel's interpretation and position about the SAMR, the E-mail and the Letter is irrelevant. Without waiver of the relevancy objection, this paragraph is admitted only that Plaintiff's counsel has repeatedly restated his position about the SAMR, the E-mail and the Letter to the undersigned, counsel for Defendants. 32. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void and no payments were or are due. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied in that Plaintiff's position is without merit based on the clear language of Exhibit "C" and in light of the relevant language of Clause (3) of the Negative Covenants attached to the referenced e-mail, which is attached hereto as Exhibit "D-1," and incorporated herein by reference. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 33. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void and no payments were or are due thereunder. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied in that Plaintiff's position is without merit based on the clear language of Exhibit "C" and in light of the relevant language of Clause (3) of the Negative Covenants attached to the referenced e-mail, which is attached hereto as Exhibit "D-1," and incorporated herein by reference. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 34. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void and no payments were or are due thereunder. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied in that Plaintiff's position is without merit based on the clear language of Exhibit "C" and in light of the relevant language of Clause (3) of the Negative Covenants attached to the referenced e-mail, which is attached hereto as Exhibit "D-1," and incorporated herein by reference. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 35. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void and no payments were or are due thereunder. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied in that Plaintiffs position is without merit based on the clear language of Exhibit "C" and in light of the relevant language of Clause (3) of the Negative Covenants attached to the referenced e-mail, which is attached hereto as Exhibit "D-1," and incorporated herein by reference. Further denied in that the communications from the undersigned, counsel for Defendants within Exhibit "D", Exhibit "E," Exhibit "F," and Exhibit "G" are writings that speak for themselves. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. 36. Denied. The averments of this paragraph contain conclusions of law to which no responsive pleading is required. To the extent that a response is required, same is denied in that F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR; therefore, the SAMR is null and void and no payments were or are due thereunder. See Exhibit "A" and Exhibit "C" of the Complaint. Further denied in that Plaintiff's position is without merit based on the clear language of Exhibit "C" and in light of the relevant language of Clause (3) of the Negative Covenants attached to the referenced e-mail, which is attached hereto as Exhibit "D-1," and incorporated herein by reference. Further denied in that the communications from the undersigned, counsel for Defendants within Exhibit "D", Exhibit "E," Exhibit "F," and Exhibit "G" are writings that speak for themselves. Further denied for the reasons set forth in Defendants' New Matter, which is incorporated herein by reference. WHEREFORE, Defendants respectfully request that this Honorable Court dismiss Plaintiff's Verified Complaint with prejudice, enter judgment in favor of Defendants and against Plaintiff thereon, and enter judgment in favor of Defendants (Counter-Plaintiffs) and against Plaintiff (Counter-Defendant) on Defendants' Counterclaim. Defendants' New Matter 37. Paragraphs 1 through 36 above are incorporated herein by reference. 38. Plaintiff's averments about being "frozen out" of and being asked to leave RETM and the background leading to the mediation and execution of the SAMR are irrelevant or, if relevant, prejudicial. 39. Without waiver of the relevancy and unfair prejudice objections set forth above, Defendants aver as follows to support that Plaintiff was not "frozen out" of RETM: A.) Plaintiff was an employee of RETM from 1979 through on or about April, 2009; B.) Plaintiff was Treasurer of RETM from 2003 through on or about June, 2009, when the position of Treasurer was filled by the affirmative vote of the shareholders; C.) As Treasurer of RETM, Plaintiff was responsible for making transactional disbursements to vendors, maintaining custody of the corporate records and for interacting with RETM's accountant to properly account for RETM's transactions; D.) By virtue of being a corporate officer of RETM, Plaintiff knew or should have known about RETM's transactions as they occurred or within a reasonable time of their occurrence and he handled the transactions, and/or agreed to or acquiesced in the said transactions of RETM. In fact, many of the transactions handled by Plaintiff were unknown to Defendants Kurt Tolbert and Ralph Tolbert until after they were able to review the corporate records of RETM after Plaintiff's departure; E.) It is believed and therefore averred that by unanimous consent of the shareholders of RETM through 2008, or by his own affirmative act as he was in control of the purse strings of the corporation, Plaintiff consented to and agreed to any and all actions taken by RETM or Defendants Kurt Tolbert and Ralph Tolbert. F.) Same cannot be said of the actions taken by Plaintiff. For example, in 2006, Plaintiff and his son Keith, Jr. decided to buy a lot located at 4755 Rumler Road in Chambersburg, Franklin County, Pennsylvania, and build a home on it without Defendant Kurt Tolbert or Defendant Ralph Tolbert's knowledge. Without authority or permission from the other shareholders Keith, Sr. took $183,105.00 out of RETM to purchase the land, and put the land in Keith, Jr.'s name; and, G.) Plaintiff voluntarily quit his employment with RETM on or around April, 2009. 40. The only relevant facts before this Honorable Court based on the Complaint should be the SAMR and F&M Trust's position concerning the SAMR based on its loan and related agreements with Defendants, some of which position is set forth in the Letter. See Exhibit "A" and Exhibit "C" of the Complaint, and Exhibit "D-1" of this Answer with Defendants' New Matter and Counterclaim. 41. The SAMR is null and void and Defendants have not funded the SAMR because F&M Trust, the first priority lender to RETM, did not provide express written approval of the SAMR, a contingency required by paragraph 5 of the SAMR. See Exhibit "A" and Exhibit "C" of the Complaint, and Exhibit "D-1" of this Answer with Defendants' New Matter and Counterclaim. 42. Specifically, Mr. Brookens stated to Defendants that, "the Company's right to pay dividends on the Company's stock is limited by and subject to the provisions of Clause (3) of the Negative Covenant, entitled `Continuity of Operations,' contained in the Business Loan Agreement." Mr. Brookens also stated that "the Bank reserves in all respects all of its rights and remedies set forth in the Loan Documents, including, without limitation, its enforcement rights and remedies." See Exhibit "C" of the Complaint. 43. Additionally, as contained in Exhibit "B," the undersigned reminded counsel for Plaintiff via a March 25, 2010 e-mail that, "After Ken Brookens verbally stated F&M Trust's position to us by telephone, you even questioned Mr. Brookens that the SAMR required express written approval not simply a statement that the Settlement Agreement and Mutual Release was not an Event of Default under the Loan Documents," which question by Plaintiff's counsel acknowledged and admitted that the contingency had not been met. In addition, and as reflected in his March 29, 2010 e-mail to the undersigned as contained within Exhibit "F," Mr. Adler, whom mediated the SAMR, " ... suggested a conference call with the bank and its counsel to discuss a modification to its March 19, 2010 letter so as to allay your client's concerns," thus, acknowledging the contingency had not been met. See Exhibit "B" and Exhibit "F" of the Complaint. 44. RETM has two sizable loans with F&M Trust, both of which are guaranteed personally by Defendant Kurt Tolbert, along with his wife Kern Tolbert, and both of which are guaranteed by collateralized real estate owned by Defendant Ralph Tolbert on which the company operates and maintains its principal place of business. 45. Among other terms of the loan and related agreements between one or more of Defendants and F&M Trust, Clause (3) of the Negative Covenants, copy attached as Exhibit "D-1," which is incorporated herein by reference and referenced in the Letter, prohibits the company from purchasing outstanding shares or altering the company's capital structure without the prior written consent of F&M Trust. 46. Defendants' primary obligations are to F&M Trust and Defendants carefully chose the wording used in paragraph 5 of the SAMR in that they bargained for express approval of the SAMR in writing because of Defendants' paramount obligations to F&M Trust. 47. Defendants did not receive the benefit of their bargain, i.e. express approval of the SAMR in writing. 48. Defendants required fulfillment of the "express written approval" contingency in order to fund the SAMR because they did not want to be placed in a position that made it more likely that RETM and/or the other Defendants would default under their loan agreements with F&M Trust. 49. The undersigned, counsel for Defendants repeatedly stated Defendants' position about the SAMR, the E-mail and the Letter to counsel for Plaintiff within Exhibit "D", Exhibit "B," Exhibit "F," and Exhibit "G". 50. It is believed and therefore averred that F&M Trust did not expressly approve the SAMR as written in writing because, among other things, F&M Trust did not approve of its terms as written, because F&M Trust believed the SAMR, if approved, may have caused the company financial hardship during the term of the SAMR even though execution was not a per se Event of Default under the Loan Documents, and because F&M Trust did not want to be construed as a party to the SAMR. 51. It is believed and therefore averred that F&M Trust would have provided (and may still be willing to provide) "express written approval" of some form of settlement agreement and mutual release between Plaintiff and Defendants with which F&M Trust was (and is ) comfortable and of which F&M Trust was (and is) in support. 52. Plaintiff's position and breach of contract claim is without merit. 53. Each and every part of an agreement "must be taken into consideration and given effect, if possible, and the intention of the parties must be ascertained from the entire instrument." Marcinak v. Southeastern Greene Sch. Dist., 375 Pa. Super. 486, 491, 544 A.2d 1025, 1027 (1988). Contract interpretation is a question of law that requires the court to ascertain and give effect to the intent of the contracting parties as embodied in the written agreement. Robert F. Felte. Inc. v. White. 451 Pa. 137, 144, 302 A.2d 347, 351 (1973). Courts assume that a contract's language is chosen carefully and that the parties are mindful of the meaning of the language used. Steuart v. McChesney, 498 Pa. 45, 51, 444 A.2d 659, 662. "`When a writing is clear and unequivocal, its meaning must be determined by its contents alone."' Murphy v. Duquesne University Of The Holy Ghost 565 Pa. 571, 591, 777 A.2d 418, 429 (2001) (quoting East Crossroads Center Inc. v. Mellon Stuart Co.. 416 Pa. 229, 231, 205 A.2d 865, 866 (1965)). 54. This Honorable Court can ascertain and interpret the SAMR, and the failure of the paragraph 5 contingency, based on the clear, unequivocal, and unambiguous terms of the SAMR and the law cited above. 55. In the request for relief ()WHEREFORE) clause of the Complaint, Plaintiff prayed for reasonable counsel fees, but failed to specify any contractual or statutory authority for his request for counsel fees. 56. The only reference to statutory and legal authority for such a counsel fee claim in the Response to Defendants' Preliminary Objections to Plaintiff's Verified Complaint was to 42 Pa.C.S.A. § 2503(7) and Stonegate Vill. Homes Ass'n. v. Kenneth Kratz Mgmt. Co., 2006 Pa. Dist. & Cnty. Dec. LEXIS 98 (Pa. County Ct. 2006). 57. Plaintiff has no claim to counsel fees as a matter of law because Plaintiff's counsel fee claim was not related to Defendants' conduct occurring during litigation as is required by 42 Pa.C.S.A. § 2503(7) and Stonegate Vill. Homes Ass'n. v. Kenneth Kratz Mgmt. Co., 2006 Pa. Dist. & Cnty. Dec. LEXIS 98 (Pa. County Ct. 2006). 58. In the request for relief (WHEREFORE) clause of the Complaint, Plaintiff prayed for alternative relief under (b) and (c), i.e. that (b) Defendants specifically perform the terms of the SAMR, and (c) reducing to judgment the total amount agreed between the parties, $380,000.00, in favor of Plaintiff and against Defendants jointly and severally. 59. At the time of execution of the SAMR, the home at 4755 Rumler Road, Chambersburg, Franklin County, Pennsylvania ("the Rumler Road Property"), was under an Agreement for the Sale of Real Estate dated January 30, 2009 (which was in part negotiated by or through Plaintiff on behalf of his son) between Keith B. Tolbert, Jr., as Seller, and Donald Lerch and Margaret Lerch, as Buyers, under which Mr. and Mrs. Lerch agreed to purchase the home for $400,000.00 ("the Agreement of Sale"). Contemporaneous thereto, Mr. and Mrs. Lerch entered into a Residential Lease (which was in part negotiated by or through Plaintiff on behalf of his son) with Keith B. Tolbert, Jr. and agreed to lease the Rumler Road Property from Keith B. Tolbert, Jr. as Landlord. 60. Prior to the Agreement of Sale, Plaintiff on behalf of Defendant RETM took out a construction loan with F&M Trust to construct the home on the Rumler Road Property; and, subsequent to the Agreement of Sale Keith B. Tolbert, Jr. conveyed the Rumler Road Property to his grandfather, Defendant Ralph Tolbert, because of the previously unknown lot purchase of the Rumler Road Property (as discussed in paragraph 39F.) above). 61. The settlement under the Agreement of Sale was to be on March 15, 2011, or before if Buyers and Seller agreed. 62. However, on June 16, 2010, counsel for Defendants notified counsel for Plaintiff by letter that Mr. and Mrs. Lerch's May payment was short $1,200.00, Mr. and Mrs. Lerch's June payment was not made, and that Mr. and Mrs. Lerch vacated the home on 9 r s the Rumler Road Property on June 2, 2010, all in repudiation of the Agreement of Sale and the Residential Lease. 63. Neither Plaintiff nor counsel for Plaintiff has responded in any way to the undersigned, counsel for Defendants' letter of June 16, 2010. 64. It is believed and therefore averred that Mr. and Mrs. Lerch were and are judgment-proof, and that pursuing a claim against them under the repudiated Agreement of Sale would not have been in the financial best interests of either Plaintiffs or Defendants. 65. Because of Mr. and Mrs. Lerch's repudiation of the Agreement of Sale and the Residential Lease, " ... the settlement of the home at 4755 R.umler Road, Chambersburg, PA ..." as contemplated under paragraph 1(A) of the null and void SAMR did not and could not have occurred even assuming arguendo that the SAMR was not null and void. 66. Because of Mr. and Mrs. Lerch's repudiation of the Agreement of Sale RKT (Defendants Ralph and Kurt Tolbert) and RETM's payment to KT (Plaintiff) of the sum of $80,000.00 as contemplated under the paragraph 1(A) Rumler Road settlement payment term of the null and void SAMR ("the Settlement Payment Term") would have been legally impossible and/or legally impracticable to perform, or the purpose of the Settlement Payment Term would have been frustrated in that the supervening event of Mr. and Mrs. Lerch's repudiation was not reasonably foreseeable at the time of execution of the SAMR, and such repudiation destroyed the purpose of the Settlement Payment Term as it was understood by the parties to the SAMR, even assuming arguendo that the SAMR was not null and void. 67. For those reasons, Defendant Ralph Tolbert and Defendant RETM re-listed the Rumler Road Property for sale in June, 2010. 68. Because Defendant RETM was servicing the construction loan on the Rumler Road Property at a cost of on or about $1,655.00/month, because real estate prices were decreasing, and at the advice of its accountant and F&M Trust, on September 30, 2010 Defendant Ralph Tolbert and Defendant RETM accepted an offer to purchase the Rumler Road Property for $310,000.00, which offer was significantly higher than other offers received from June, 2010 through September, 2010 (the prior offers were in the approximate range of $280,000). 69. At settlement under the new agreement of sale for the Rumler Road Property, there were no net proceeds and Defendant RETM paid a shortfall of approximately $28,000.00 remaining on the construction loan to F&M Trust. 70. Prior to settlement under the new agreement of sale for the Rumler Road Property, Defendants communicated the facts set forth in paragraphs 68 and 69 above to Plaintiff. 71. Under paragraph 1(A) of the null and void SAMR, Defendants were only required to make $20,000.00 payments to Plaintiff when the capital account of Defendant RETM reached and/or exceeded $250,000.00, every month that. Defendant RETM capital account exceeds $250,000.00 until Defendants have paid Plaintiff $250,000.00 in monthly payments. 72. Plaintiff would not have been entitled to judgment for $380,000.00 jointly and severally against Defendants under the null and void SAMR assuming arguendo that the SAMR was not null and void because the capital account of Defendant RETM has not reached and/or exceeded $250,000.00 since execution of the SAMR; rather, even assuming arguendo that the null and void SAMR was in effect, Defendants would only have been obliged to make the $20,000.00 and the $30,000.00 payments under paragraph 1(A) of the SAMR. WHEREFORE, Defendants respectfully request that this Honorable Court dismiss Plaintiff s Verified Complaint with prejudice, enter judgment in favor of Defendants and against Plaintiff thereon, and enter judgment in favor of Defendants (Counter-Plaintiffs) and against Plaintiff (Counter-Defendant) on Defendants' Counterclaim. Counterclaim 73. Paragraphs 1 through 72 above are incorporated herein by reference. 74. Plaintiff s position and breach of contract claim is without merit. 75. Pursuant to 42 Pa.C.S.A. § 2503(7) and Stonegate Vill. Homes Ass'n. v. Kenneth Kratz Marnt. Co., 2006 Pa. Dist. & Cnty. Dec. LEXIS 98 (Pa. County Ct. 2006), Plaintiffs position during the pendency of this litigation is dilatory, obdurate, and/or vexatious. 76. Defendants have suffered and will continue to suffer damages as a result of Plaintiffs claim in that Defendants have retained the undersigned counsel to represent them in this matter, and have incurred and will continue to incur counsel fees related to the representation. 77. It is believed and therefore averred that Plaintiff's claim, which lacks merit, was brought for dilatory, obdurate, and/or vexatious purposes, and Plaintiffs continued conduct during the pendency of this matter based on the clear language of the SAMR is dilatory, obdurate, and/or vexatious. 78. Based on Plaintiffs conduct as described herein, Defendants are entitled to an award of reasonable counsel fees as a sanction against Plaintiff pursuant to 42 Pa.C.S.A. § 2503(7) and Stonegate Vill. Homes Ass'n. v. Kenneth Kratz M mom, 2006 Pa. Dist. & Cnty. Dec. LEXIS 98 (Pa. County Ct. 2006). WHEREFORE, Defendants (Counter-Plaintiffs) respectfully request that this Honorable Court dismiss Plaintiff's Verified Complaint with prejudice, and enter judgment in favor of Defendants (Counter-Plaintiffs) and against Plaintiff (Counter- Defendant) for Defendants' (Counter-Plaintiffs') reasonable counsel fees, proof of which will be presented at the time of trial or hearing thereon. B3 . I verify that the statements made in this Defendants' Answer to Plaintiffs Verified Complaint with Defendants' New Matter and Counterclaim are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa.C.S.A. Section 4904, relating to unsworn falsification to authorities. RALPH E. TOLBERT MASONRY, INC. By C? Ralph 9 Tolbert By Kurt E. Tolbert I verify that the statements made in this Defendants' Answer to Plaintiff's Verified Complaint with Defendants' New Matter and Counterclaim are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa.C.S.A. Section 4904, relating to unsworn falsification to authorities. Ralph E. Tolbert I verify that the statements made in this Defendants' Answer to Plaintiff's Verified Complaint with Defendants' New Matter and Counterclaim are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa.C.S.A. Section 4904, relating to unsworn falsification to authorities. Kurt E. Tolbert V n• • NEGATIVE COVENANTS. Borrower covenants and agrees with lender that while this Agreement Is In effect, Borrower shad not, without the prior written consent of Lender Csplls Eapantsheee. Make or contract to make capital expandHraa, Including loesshsld improvements. In any fiscal Vow In excess of • er Incur lobithy for ne. set property ltmbuding both real and psnonal property) b an NO MA together with capital expend tries, I In any fiscal year exceed such sum. Indebbdnsss and Lines. 11) Except for trade debt incurred in the normal course of business and khdabledness to Lander contemplated by this Agraeme create Imur or assume oddhtonai khdeMadnses for borrowed money, kckXbq ospks losses, In excess of the eggregets amount of !< 56.OOER . IM sell, transfer, mortgage, ssslgn, pledge. tease, grant a security BUSINESS LOAN AGREEMENT IASSET BASED} (Cofninued) Page q Iriersst In, or encumber arty of Borrower's waste lexcept as allowed as Permitted Lions), or 131 sell with recourse any of Borrower's accounts, except to Lender. Condmilly of Operafte. (11 Engage In any business activities substantially different than dhesa In which Borrower Is presently engaged. (2) comae operations. IkNWats, merge, transfer, acquire or consolidate with any other entity, sharps its nam, dissolve of trander of sell Collateral out of the ordinary course of business, or 181 pay any dividends on Borrower's stock (other than dhldands payable In Its stook, provided, however that notwithstanding the foregoing, but only so long as no Evil of Default has occurred and Is cwtdnukq or would result from the payment of dIvI I Ice, It Borrower is a •Sube apter 8 Corporation' loo defied In the Infernal Revenue Cods of 1888, as amended). Borrower may pay cash dividends on its stock to its shareholders from time to the In amounts necessary to enable the shareholders to pay Income taxes and molts satimated Income tax payments to am" their Whtiss under federal ofd state low, which arise solely from their status as Shsrehcders of a Subchapter S Corporation because of their ownership of shares of Borrowges stook, or purchase or retire any of Sorrower's outstanding shares or attar or amend Borrower's capital strueturs. Loans' Acquisitions sad Guarerntias. (11 Exempt as expressly stated hereafter, ban, Invest In or advance money or assets to any other person, enterprise or amity, (21 purehoss, orests or acquire any Interest in'sny other enterprise or soft, or (3) Incur any obligation es surety or guarantor other than In the ordinary course of business. The following exceptions are expressly exempted from the foregoing restrictions: l60.000A0. Agreements, Emus Into any agreement oernalhirg any provisions which would be violated or breached by the performance of Borrower's obligations ender this Agreement or In connection herewith. EXHIBIT 0-1 .. Andrew J. Benchoff, Esq. Attorney for Defendants Kornfield and Senchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 PAX 762-6544 andrew@kornfield.net Atty. I.D. #89159 KEITH TOLBERT, SR., : IN THE COURT OF COMMON PLEAS OF : THE 9TH JUDICIAL DISTRICT, PA. Plaintiff CUMBERLAND COUNTY v CIVIL ACTION -LAW RALPH E. TOLBERT MASONRY, INC., RALPH E. TOLBERT, and KURT - TOLBERT, Defendants : No. 10-2612 Civil Term . Judge: CERTIFICATE OF SERVICE This is to certify that in this case, not yet assigned to a Judge, complete copies of all papers contained in the Defendants' Answer to Plaintiffs Verified Complaint with Defendants' New Matter and Counterclaim have been served upon the following person(s), by the following means and dates stated: Jack Meyerson, Esq. Peter A. Greiner, Esq. Meyerson & O'Neill 1700 Market Street, Suite 3025 Philadelphia, PA 19103 Via: First Class U.S. Mail Date: December 30 , 2010 I verify that the statements made in this Certificate are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. K B . THOINOTA", ` Andrew J. Benchoff, Esq. Attorney for Defendants Kornfield and Benchoff, LLP 20H FEB -4 PP l: 3 17 North Church Street Waynesb oro, PA 17268 ERLAD COUNTY 762-8222 FAX7' rUM$ PENNSYLVANIA 762-6544 andrew@kornfield.net Atty. I.D. #89159 KEITH TOLBERT, SR., : IN THE COURT OF COMMON PLEAS OF : THE 9TH JUDICIAL DISTRICT, PA. Plaintiff . CUMBERLAND COUNTY V. . CIVIL ACTION -LAW RALPH E. TOLBERT . MASONRY, INC., RALPH E. TOLBERT, and KURT TOLBERT, Defendants : No. 10-2612 Civil Term . Judge: : Jury Trial Demanded DEFENDANTS' DEMAND FOR JURY TRIAL TO THE HONORABLE JUDGES OF THE SAID COURT OF COMMON PLEAS: Defendants Ralph E. Tolbert Masonry, Inc., Ralph E. Tolbert, and Kurt Tolbert hereby demand a jury trial pursuant to Pa.R.C.P. No. 1007.1. Date: February , 2011 By Andrew J. Benchoff, Esq. Attorney for Defendants Kornfield and Benchoff, LLP 17 North Church Street Waynesboro, PA 17268 (717) 762-8222 FAX 762-6544 andrew@kornfield.net Atty. I.D. #89159 KEITH TOLBERT, SR., : IN THE COURT OF COMMON PLEAS OF : THE 9TH JUDICIAL DISTRICT, PA. Plaintiff , : CUMBERLAND COUNTY V. , CIVIL ACTION - LAW RALPH E. TOLBERT , MASONRY, INC., RALPH E. , TOLBERT, and KURT , TOLBERT, , Defendants : No. 10-2612 Civil Term : Judge: : Jury Trial Demanded CERTIFICATE OF SERVICE This is to certify that in this case, not yet assigned to a Judge, complete copies of all papers contained in the Defendants' Demand for Jury Trial have been served upon the following person(s), by the following means and dates stated: Jack Meyerson, Esq. Peter A. Greiner, Esq. Meyerson & O'Neill 1700 Market Street, Suite 3025 Philadelphia, PA 19103 Via: First Class U.S. Mail Date: February 3 , 2011 I verify that the statements made in this Certificate are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. MEYERSON & O'NEILL By: Jack Meyerson, Esquire Peter A. Greiner, Esquire Identification Nos. 16405/81957 1700 Market Street, Suite 3025 Philadelphia, PA 19103 (215) 972-1376 KEITH TOLBERT, SR. Plaintiff 1=11 _ED-O FIH _I_HEE P, ROTHONOTAR 2011 JUL -1 AM 10-- 24 CUMBERLAND COUNTY PENNSYLVANIA Attorneys for Plaintiff IN THE COURT OF COMMON PLEAS OF THE 9T" JUDICIAL DISTRICT, PA V. RALPH E. TOLBERT MASONRY, INC. and RALPH E. TOLBERT and KURT TOLBERT Defendants CUMBERLAND COUNTY CIVIL ACTION- LAW NO. 10-2612 PRAECIPE TO DISCONTINUE ACTION TO THE PROTHONOTARY: Pursuant to Pa. R.C.P. 229(a), please mark the above as discontinued and ended. Peter A. Greiner Meyerson & O'Neill 1700 Market Street, Ste. 3025 Philadelphia, PA 19103 DATED: July 6, 2011 MEYERSON & O'NEILL By: Jack Meyerson, Esquire Peter A. Greiner, Esquire Identification Nos. 16405/81957 1700 Market Street, Suite 3025 Philadelphia, PA 19103 (215) 972-1376 KEITH TOLBERT, SR. Plaintiff V. RALPH E. TOLBERT MASONRY, INC. and RALPH E. TOLBERT and KURT TOLBERT Defendants CERTIFICATION OF SERVICE Attorneys for Plaintiff IN THE COURT OF COMMON PLEAS OF THE 9T" JUDICIAL DISTRICT, PA CUMBERLAND COUNTY CIVIL ACTION- LAW NO. 10-2612 This is to certify that in the case not yet assigned a judge, complete copy of the Praecipe to Discontinue Action has been served upon the following persons, by the following means and on dates stated: Name and address: Means of Service: Date of Service: Andrew J. Benchoff, Esq. Kornfield & Benchoff, LLP 17 N. Church Street Waynesboro, PA 17268 Counsel for Defendants E-mail U.S. Mail July 6, 2011 Sent July 6, 2011 I verify that the statements made in this Certification are true and correct. I understand that any false statements made herein are made subject to the penalties of 18 Pa.C.S.A. § 4904 relating to unsworn falsification to authorities. MEYERSON & O'NEILL By: 4? Peter A. Greiner, Esq. Attorney for Plaintiff Keith Tolbert, Sr.