H-P, Oracle Settle Lawsuit Over Hurd's Hiring

Hewlett-Packard Co. and Oracle Corp. said they resolved litigation over the appointment of Mark Hurd as a president of Oracle and reaffirmed the long-term partnership between the two companies. As part of the resolution of the legal dispute, Hurd and HP agreed to modify terms of his separation agreement from HP, including waiving his rights to 330,177 performance-based restricted stock units granted in January 2008, HP said in a regulatory filing.