25Q - ACQUISITION SETTLEMENT 1007-1011 S BRISTOL

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Upon completion of physical improvements to Tenant's unit within the Replacement Structure. City will process a third payment to Tenant in the amount of SIX THOUSAND SEVEN HUNDRED THIRTY SIX DOLLARS AND 50/100 ($6,736.50) and to Landlord in the amount of SEVENTEEN THOUSAND FOUR HUNDRED THIItTY SEVEN DOLLARS AND 50/100 ($17,437.50). City to process a final payment to Tenant in the amount of SIX THOUSAND SEVEN HUNDRED THIRTY SIX DOLLARS AND 50/100 ($6,736.50) once Tenant has (1) vacated the Property, (2) executed and delivered to City a Certificate of Abandonment of the Property, (3) turned over all sets of keys to the Property to the City or to City's agents, or Landlord, and (4) confirmed in writing to City that any and all hazardous materials have been removed from the Property in accordance with all applicable federal and state laws, ordinances and/or regulations. Once Tenant has met all four requirements listed above, City will process a ftnal payment to Landlord in the amount of SEVENTEEN THOUSAND FOUR HUNDRED THIRTY SEVEN DOLLARS AND 50/100 ($17,437.50). g. Payment of the consideration referenced in section 1 of this ASA, shall constitute full satisfaction of any and all of City's obligations to compensate Tenant. h. As a matter of record, the compensation paid to Tenant in accordance with this ASA shall be proportioned in the following amounts: Relocation benefits shall equal $76,696. Payment for any loss of furniture, fixtures and equipment, bonus value, improvements to realty, business goodwill, and/or severance damages shall equal $20,000. i. In the event that the lease between Tenant and Landlord for the Replacement Structure is terminated, or becomes null and void prior to the final payment in accordance with this ASA, any remaining unpaid payments that were assigned to Landlord will revert to Tenant and no further payments will be made to Landlord under this ASA. Tenant fully releases any and all claims against payments already made to Landlord, which will not be returned to Tenant. Additionally, all future scheduled payments to Tenant will cease until Tenant vacates the Property and meets vacancy criteria as stated in section (f), above, at which time City will make all remaining payments to Tenant. Tenant is required to vacate the Property within thirty (30) days from the date the Replacement Structure lease is terminated or voided, excepting that tenant must vacate the Property no later than December 31, 2008. 2. Release a. Tenant, on behalf of itself, its agents, assigns and related entities, agree to indemnify, fully release, acquit and discharge City, and the officers, directors, employees, attorneys, accountants, other professionals, insurers and agents of City (collectively "Agents") and all entities related to City, from any and all rights, Acquisition Settlement Agreement Page 3 of 8 25Q-22