The NARCO Asbestos Trust (the “Trust”) will pay holders of Annual Contribution Claims on a monthly basis starting in August 2021 as a result of the Trust’s receipt of dividends paid on the Trust’s holdings of 79% of the stock of Harbison Walker International (“HWI”) and from investments of the dividends.
When the Trust exhausts those funds, the Trust will pay holders of Annual Contribution Claims based on the schedule and process in Section 2.3 (c) of the NARCO Asbestos Trust Agreement.