The lawsuit filed in July sought to have Herschel Segal removed as executive chairman.
CEO would get at least $10.7 million in severance if he were to be removed from his job.
Businesses must adapt to complex new business practices, regulatory environments and economic opportunities.
Contracts come just days after shareholder dispute pushed company’s stock price to a two-year high, causing a trade halt.
Company’s largest shareholder would oppose efforts to sell its largest concessions.