Laserfiche WebLink
SETTLEMENT, TERMINATION, AND <br />GENERAL RELEASE AGREEMENT <br />This Se em Vermination, General Release Agreement (« Agreement„i <br />) s entered <br />into this lb -day of - 1999 ("Effective Date"), between the City of Colton, a municipal <br />corporation in the State of California ("City"), and Harris Computer Systems (a.k.a. "N. Harris <br />Computer Corporation"), a business incorporated in Ontario, Canada ("Harris"). City and Harris are <br />sometimes hereinafter individually referred to as "Party" or collectively as "Parties". <br />RECITALS <br />WHEREAS, on January 10, 1996, City and Harris executed the "Agreement for the <br />Acquisition and Supply of Computer Software and Related Services" and the "Software Maintenance <br />Agreement" (attached hereto as Exhibit "A" and incorporated herein by reference) for the provision, <br />installation, training, and technical support of the Harris Utility Billing Software ("Software") by <br />Harris to City ("Contracts"); <br />WHEREAS, Harris believes that the terms of the Contracts have not been fully <br />performed due to technical difficulties and other problems with the installation and performance of <br />the Software; and <br />WHEREAS, City believes that the terms of the Contracts have not been fully <br />performed due to performance problems by Harris; and <br />WHEREAS, the Parties now desire to terminate the Contracts and resolve all <br />outstanding claims, liabilities, and obligations between the Parties arising out of the Contracts. <br />NOW, THEREFORE, in mutual consideration of promises and conditions set forth <br />herein, the Parties hereby agree as follows: <br />TERMS <br />1.0 Obligations of the Parties. <br />1.1 Payment to City. Harris shall, within fifteen (15) days after the Effective Date <br />of this Agreement, provide a cashier's check to City in the amount of $32,000 made payable to the <br />"City of Colton," and delivered to the following address: Finance Director, City of Colton, 650 N. <br />La Cadena Drive, Colton, California 92324 <br />SETTLEMENT, TERMINATION <br />RVPUBUPM\57671 PAGE I OF 4 AND GENERAL RELEASE <br />