Laserfiche WebLink
Docuslgn Envelope ID:OF42FBD7-AC52-4266-A257-BBE14D182B71 A-2025-173 <br /> INSURANCE NOT REQUIRED <br /> WORT(MAY PROCEED <br /> CITY CLERK <br /> DATE. OCT 2 0 2025 SETTLEMENT AND RELEASE AGREEMENT <br /> �=C AO f � This Settlement and Release Agreement(the"Agreement")is entered into as of the <br /> SargVuiliiArvlS <br /> Effective Date specified herein,by and between plaintiff Share Our Selves Corporation("SOS" <br /> and as further defined below)and defendant City of Santa Ana(the"City"and as further defined. <br /> below) [hereinafter, SOS and the City shall be collectively referred to as the"Parties"and/or <br /> individually as a"Party"]. <br /> RECITALS <br /> A. On March 20, 2023, Plaintiff SOS filed an action against defendant City of Santa <br /> Ana in the U.S. District Court for the Central District of California, Southern Division, entitled <br /> Share Our Selves Corporation v City of Santa Ana, Case No. 8:23-ev-00504 (the"Action"). The <br /> Action was brought by Plaintiff SOS, a non-profit medical service provider, asserting claims on <br /> its own behalf and as Assignee of claims assigned by an entity known as Turner Healthcare <br /> Facilities Acquisition LLC ("Turner"or"Assignor"). A true and correct copy of the assignment <br /> of Turner's claims to SOS (the"Assignment of Claims Agreement"), which was attached as an <br /> exhibit to each of the three complaints in the Action, is attached hereto as Exhibit 1. The City <br /> filed no cross-claims in the Action. <br /> B. The Parties recognize that continued litigation between them would require <br /> substantial time,effort,and expense unless the Action is settled and dismissed in accordance <br /> with the terms and conditions set forth below. Accordingly,the Parties wish to enter into this <br /> Agreement to avoid the expense, inconvenience, and uncertainty of litigation. <br /> NOW,THEREFORE, in light of the foregoing Recitals which are incorporated herein as <br /> part of this Agreement,and in consideration of the representations, warranties,promises, <br /> covenants,and releases contained herein, and for other good and valuable consideration,the <br /> receipt and sufficiency of which are hereby acknowledged,the Parties agree to the following <br /> terms and conditions: <br /> TERMS AND CONDITIONS <br /> 1.0 Effective Date. This Agreement shall be effective as of the date that the <br /> Agreement is fully signed and delivered by each Party to the other. <br /> 2.0 ,Settlement Amount and Settlement Payment. No later than October 27, 2025, <br /> provided that SOS has delivered the Agreement to the City's counsel of record in a form <br /> approved by the City, fully executed by SOS and its counsel,no later than 5:00 p.m. on October <br /> 21,2025,the City shall pay to SOS the lump sum of Five Hundred Fifty Thousand U.S. Dollars <br /> ($550,000.00) (the"Settlement Amount")by ACH payment or wire transfer to a bank account <br /> designated in writing by counsel for SOS. Receipt of said account information is hereby <br /> acknowledged. Together with the other provisions of this Agreement,the ACH payment of the <br /> Settlement Amount delivered as set forth herein shall represent the total,full, and final settlement <br /> of the Action,and satisfaction of the Settled Payment. <br /> 1 <br />