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2003 AGN JAN 21 Closed Session City of COlton v. Steward
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2003 January 21 Agenda Packet
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2003 AGN JAN 21 Closed Session City of COlton v. Steward
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9. Unknown Claims. <br />(a) Plaintiff acknowledges and agrees that the release that is given to Defendant as <br />described in paragraph 7 applies to all claims for damages, or losses to Plaintiff (whether those <br />damages, or losses are known or unknown, foreseen or unforeseen, or patent or latent) that <br />Plaintiff may have against Defendant arising from the subject matter of the Complaint described <br />in paragraph 2. <br />(b) Plaintiff certifies that Plaintiff has read the following provisions of Civil Code <br />section 1542: <br />"A general release does not extend to claims which the creditor <br />does not know or suspect to exist in his favor at the time of <br />executing the release, which if known by him must have materially <br />affected his settlement with the debtor." <br />and indicates that fact by signing Plaintiffs initials here: —k. -- <br />(c) Plaintiff understands and acknowledges that in consequence of this waiver of <br />Civil Code section 1542, but subject to the preconditions described in paragraphs 4, 5 and 6, <br />even if Plaintiff should eventually suffer additional damages arising from the subject matter of <br />the Complaint described in paragraph 2, Plaintiff will not be able to make any claim for those <br />damages. Furthermore, Plaintiff acknowledges that Plaintiff intends these consequences even as <br />to claims for damages that may exist as of the date of this release but that Plaintiff does not know <br />exist, and that, if known, would materially affect Plaintiff s decision to execute this Agreement, <br />regardless of whether Plaintiff's lack of knowledge is the result of ignorance, oversight, error, <br />negligence, or any other causes provided the claim arises from the subject matter of the <br />Complaint described in paragraph 2. <br />10. Advice of Attorney. Each party warrants and represents that in executing this <br />Agreement, they have relied on legal advice from the attorney of their choice; that the terms of <br />this Agreement have been read and its consequences (including risks, complications, and costs) <br />have been completely explained to them by that attorney; and that they fully understand the terms <br />of this Agreement. <br />11. Conditions of Execution. Each party acknowledges and warrants that their <br />execution of this Agreement is free and voluntary. <br />12. Execution of Other Documents. Subject to the preconditions described in <br />paragraphs 4, 5 and 6, Plaintiff shall direct Plaintiff s attorney to execute a dismissal with <br />prejudice of the Complaint described in paragraph 2 as to Defendant only, file it in the proper <br />court, and deliver an executed copy to counsel for Defendant. Each party to this Agreement shall <br />cooperate fully in the execution of any and all other documents and in any additional acts that <br />-3- <br />
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