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The board released a statement last Tuesday that stated they were unaware of Harvey's harassment and alleged assaults of over 30 women, a claim they then reiterated during a company meeting later in the week.'The Weinstein Company’s Board of Representatives – Bob Weinstein, Lance Maerov, Richard Koenigsberg and Tarak Ben Ammar – are shocked and dismayed by the recently emerged allegations of extreme sexual misconduct and sexual assault by Harvey Weinstein,' read the statement.

Lance Maerov, the board member who handled contract negotiations, admitted that he was aware of multiple payouts made by Harvey back in 2015 and even put a clause in place that would have forced the embattled movie mogul to pay stiff penalties for any future settlements.

The first settlement would have cost Harvey, or any other top executive, $250,000, while the second would go up to $500,000, the third $750,000 and the fourth would require a $1 million penalty payment.

Koenigsberg's decision to leave the board and Harvey's termination by the company that bears his name means that Maerov, Bob and Tarak Ben Ammar are the only three members remaining on the once nine-person group.

Deputy CEO of Technicolor Tim Sarnoff and Avenue Capital Group CEO Marc Lasry were the first to go over the weekend, followed very quickly by billionaire publishing heir Dirk Siff.

The reaming four members did their best to distance themselves from the scandal in the days that followed, while actress Rose Mc Gowan very publicly declared that they should all resign.

Mc Gowan, who on Thursday accused Harvey Weinstein of raping her, received a settlement from the mogul in 1997 for 0,000 according to the Times, and has accused Bob of being aware of his brother's predatory behavior.The Times reported earlier this week that Nestor received a settlement after filing a complaint against Harvey when he allegedly told the young woman he could advance her career in exchange for sexual favors. Many were young, powerless and afraid to speak out in case their careers were ruined.For nearly three decades their accusations remained bottled up, some suppressed by pay-offs.These allegations come as an utter surprise to the Board.Any suggestion that the Board had knowledge of this conduct is false.'Bob and company president David Glasser then told employees Thursday that they were unaware of any payments made by Harvey over the years.Billionaire investor Paul Tudor Jones also made his exit over the weekend, just days before a second bombshell expose by the New Yorker revealed more allegations or harassment and assault.

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