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2. CONSIDERATION.
<br />In consideration of this Agreement, City shall pay to the Business the sum of One
<br />Hundred Sixty -Three Thousand Dollars ($ t63,000,00) as a frill and final settlement of all claims
<br />by the Business for loss of goodwill as alleged to have been suffered by the Business arising
<br />from the acquisition. of the Property. Payment shall be by check made payable to Khaled 1-1.
<br />Jawhary Ciba Advantage Auto Insurance Brokerage.
<br />d. RELEASE.
<br />(a) In further consideration of this Agreement and in recognition of the benefits to be
<br />derived therefrom, and except as to the rights, duties and obligations of the Parties asset forth in
<br />this Agrvomont, the Business hereby releases, and dilly and finally and forever discharges City,
<br />and each of its administrators, assigns, agents; directors, officers, partners, employees,
<br />representatives, lawyers, and all persons acting by, through, under, or in conceit with the City or
<br />any of them, of and from any and all mamror of actions or causes of action, in law or in equity,
<br />suits, debts, liens, liabilities„ claims, demands, and damages of any nature whatsoever, known or
<br />unknown, fixed or contingent including, but not limited to severance damages, relocation
<br />assistance, relocation benefits, claims for inverse condemnation or unreasonable
<br />precondentnation conduct, or any other claims for damages or benefits arising from the
<br />acquisition of the Property by the City, existing or as the law may change, including without
<br />limitation, claims which the Business may now have against the City arising from or related to
<br />the acquisition and use of the Property by the City and any claim for loss of goodwill.
<br />(b) Except as otherwise provided in this Agreement, it is the intention of the Parties
<br />that this Release shall be effective as a bar to all claims, causes of action, actions, damages,
<br />losses, demands, accounts, reckonings, rights, debts, liabilities, obligations, and attorneys' fees,
<br />of every character and kind, known or unknown, existing or contingent, latent or patent; and in
<br />furtherance of such intention, the Business expressly waives any and all rights conferred upon it
<br />by the provisions of California Civil Code Section 1542, which reads as follows:
<br />A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS
<br />WHICH ]'HE CREDITOR DOES NOT KNOW OR
<br />SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE
<br />TIME OF EXECUTING THE RELEASE, WHICH IF
<br />KNOWN BY HIM OR HER MUST HAVE MATERIALLY
<br />AFFECTED HIS OR HER SETTLEMENT WITH THE
<br />DEBTOR,
<br />4. NECESSARvACTs.
<br />Each Party shall perform any further acts and execute and deliver any further documents
<br />that may be reasonably necessary to carry out the provisions of this Agreement.
<br />5. AUTHORITY TO SIGN.
<br />Each Party warrants that the individuals who have signed this Agreement on behalf of
<br />that Party have the legal power, right, and authority to so sign and thereby bind that Party and its
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