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HomeMy WebLinkAbout20160106_ Daly ReleaseRELEASE OF ALL CLAIMS AND SE TTLL NIEA i AC;cNEk:.MEN'r This Reiease of All Claims and Settlement Agreement (hereinafter also referred to as "Release" or "Release of All Claims") is made by Joseph Daly, an individual (hereinafter referred to as "Plaintiff"), and the City of San Luis Obispo (hereinafter referred to as "Defendant ") and relates to that incident which occurred on June 12, 2013, in San Luis Obispo County, California. RECITALS WHEREAS, Plaintiff has filed a civil lawsuit in the San Luis Obispo County Superior Court entitled Daly v City of San Luis Obispo Case No.14CV-0461 (the "Action"); WHEREAS, Plaintiff now desires to rosolve all claims arising out of and relating to the Action, NOW, THEREFORE, in consideration of the above premises and the following covenants, it is agreed as follows: 1. Plaintiftr agrees to accept as full and complete settlement of the Action and the Defendant agrees to pay to Plaintiff the total sum of $10,000.00. 2. A Request for Dismissal With Prejudice shall be submitted by counsel for Defendant to counsel for Plaintiff and shall be filed in the beforementioned court after the setflement funds are tendered. 3. Plaintiff Is responsible for all liens or other expenses incurred by him as a result of this incident and shall hold Harmless, defend and indemnify the settling parties and their Insurer of and from any such lien claims. 4. The Defandant shall pay the full cost of today's mediation. Other than as stated herein, the parties shall each bear their own costs, a;.penses and legal fees. 5. Upon the occurrence of events and conditions set forth above, Plaintiff fully releases and discharges Defendant, its agents, employees, representatives, attorneys, affiliates and all persons acting by or through or under or in concert with them, from and against any and all claims, causes of action, demands or charges of whatever nature which he may have and which, prior to the date hereof or at any time in the future, might arise out of or be related to the claims stated in the Action. t - t 7 6. Plaintiff is ful;y apprised of the provisions of California law relating to releases and, in particular, §1042 of the California Civil Code which states: A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor, Notwithstanding this statutory provision, and to Implement a full and complete release, Plaintiff acknowledges :hat this Release of All Claims is intended to include in effect, without limitation, all claims which he does not presently know of or suspect to exist against the others arising out o� or related to the Action. 7. This is a Release of All Claims and as such shall never be treated as an admission of liability by any parry for any purpose. 8. Plaintiff warrants that no assignment of any claim, cause of action, demand or charge against the others, arising out of or relating to the beforementioned claims, or any other right or claim now existing has been or will be made, and he further agrees to indemnify, to defend and hold the others harmless from and against any assignment of claim, cause of action, demand or charge released hereunder. 9. The parties reserve to themselves the right to initiate and to pursue any legal action necessary to enforce the terms of this Release of All Claims, In the event of legal action, the prevailing party shall be entitled to recover from the non - prevailing party, their reasonable attorneys' fees and costs actually incurred. The legal action need not result in judgment by a court of law before the provisions of this paragraph shall come into effect. 10. The parties agree that this Release of All Claims is enforceable pursuant to California Code of Civil Procedure §664.6 and specifically request that this court retain jurisdiction over the complaint, this Release of All Claims, and the parties for that purpose. 11. -(his Release of All Claims contains the entire understanding of the parties with respect to the subject matter hereof, and no modification or waiver of any of the provisions hereof shall be valid unless it is put into writing and executed by all parties hereto. 12. This Release of All Claims shall be governed and construed in accordance with the laws of the state of California. Venue for any action commenced regarding its Terms or interpretation shall be in the Stade court of proper jurisdiction for the County of San Luis Obispo, California. 13. S;iould any provision of this Release of All Claims be declared or determined by any court to be illegal or invalid, the validity of the remaining parts, terms and provisions shall not be affected thereby and said illegal or invalid part, term or provision shell not be doemed to be part of this Releaso of P -,II Claims. This Release of All Claims shall be interpreted according to its plain meaning and not for or against either aa6y as a result of the presumption undar Civil Code §1654. 14. This Release of All Claims shall be binding on the parties, their heirs, successors, and assigns. 15. Plainil f represents and warrants that iit er_ocuzing- this Release of All Claims, he has relied on the legal advice of his attorney of choice and the toms of this Release of i ll Claims and its co.1sequences have been completely read and explained to him by that attamay, and ha tally understands lite terms of this Release. Dated: January 6, 2015 -' -,- __ ,jYSEPFi DALY JI`MEFt+ MERNAN LAWYERS ;f+:+-•,_:. f Attotttt.'ys for Pinintiff, AD04SK1 NMOR{ SKI MADDEN .'C'JMBERL4Nl-Y 4 GR+ -EN Sv, Justiva M. i::oorrj6. A,ttol i ys for -YeT, n d a n t •3-