At the same time, the city teachers' union is continuing to pursue a lawsuit to force the board to make needed repairs.
The decision to enter the agreement, or to pursue a lawsuit against one of the companies, is complex, legal experts said.
At least 45,000 people have decided not to join the settlement and are instead pursuing separate lawsuits.
Each firm signs a new contract with the office when he asks it to pursue a lawsuit.
He also challenged the ability of a private litigant to pursue a lawsuit against a sitting President.
It's not something we license, or pursue a lawsuit against, either.
But many other women declined to join the settlement, choosing to pursue individual lawsuits.
Plaintiffs would be able to opt out of the fund and pursue individual lawsuits if they chose.
The agreement remains subject to approval by the regulators in states that had or planned to pursue lawsuits.
Many Kenyans, though, want more and have been pursuing lawsuits seeking millions of dollars.