We agree with the IAS Court that the 20% annual cap set forth in the stipulation and incorporated by reference into the divorce judgment does not apply to the assets that were designated for immediate distribution, since to count these assets toward the 20% cap, with the excess over 20% of defendant's income in the first year of the agreement carried forward to subsequent years, would deny effect to the part of the stipulation calling for a distributive award to be paid in...
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