WANG, T E H PONG AND HUI YING WANG-2013

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11. Except as set forth herein, the WANGS release the CITY from any and all compensation claims they have or may have in the ACTION (including compensation for the taking, severance damages, improvements, inventory, loss of use, mitigation costs, and loss of business goodwill), any benefits to which they may be entitled under the relocation assistance program, any compensation claim the WANGS may have for the taking of their property for the CITY's Bristol Street Widening Project. 12. In addition to the RELEASED CLAIMS described in Paragraph 1 I above, the WANGS hereby release the CITY and its representatives, officers, employees, predecessors, successors, agents, and assigns from any and all claims, complaints, causes of action, liabilities, demands, compensation claims, damages, and expenses (including attorney's fees and interest), relating to or arising out of the ACTION. 13. The CITY hereby indemnifies the WANGS and holds them harmless from any loss of or damage to any property, or injury or death of any person whomsoever, arising after the effective date of this Agreement, proximately caused in whole or in part by negligence of the CITY or the CITY's agents or by any act or omission for which the CITY's or the CITY's agents are liable arising from the performance of the construction of the CITY's Bristol Street Widening project. 14. Each of the PARTIES expressly waives and relinquishes all rights and benefits afforded under Section 1542 of the California Civil Code. Each of the PARTIES acknowledges that each has had an opportunity to seek independent legal advice regarding this express waiver. Section 1542 of the Civil Code states as follows: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS TO 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." 5