Prosecutors have agreed to drop an illegal campaign contribution charge against Sears, Roebuck and Co. in exchange for the company's cooperation with a state investigation of contributions to a Republican political action committee.
A Travis County judge signed off on the agreement today.
The agreement calls for Sears to cooperate with Texas "in its prosecution and investigation of any other person for any offense related to the corporate contribution" that Sears made.
The agreement also said that Sears has certified that it has enacted additional internal policies and adopted a plan to strengthen its policy against making illegal political contributions in any state. The agreement also said Sears will modify its company Web site to provide for public access and disclosure of corporate contributions made by Sears.
In addition, [Sears senior vice president Robert J.] O'Leary said Sears will contribute $100,000 to the University of Texas for a campaign finance law awareness program.