April 2 (Reuters) - FirstService Corp FSV.TO :
* FIRSTSERVICE ENTERS INTO DEFINITIVE AGREEMENT REAFFIRMING TERMS TO SETTLE LONG-TERM INCENTIVE ARRANGEMENT AND ELIMINATE DUAL CLASS VOTING STRUCTURE
* FIRSTSERVICE - ENTERING AGREEMENT WITH JAY HENNICK, ENTITIES RELATED TO HENNICK TO SETTLE RESTATED MANAGEMENT SERVICES AGREEMENT ENTERED ON FEB. 1, 2004
* FIRSTSERVICE - UNDER TERMS OF TRANSACTION, CO WILL PAY US$62.9 MILLION (ABOUT C$84.3 MILLION) IN CASH; AND ISSUE A TOTAL OF 2.9 MILLION SUBORDINATE VOTING SHARES