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liabilities, claims, costs, expenses, demands, debts, controversies, damages, causes of action,
<br />including without limitation those relating to just compensation or damages which any of them now
<br />have, or might hereafter have by reason of any matter or thing arising out of or in any way related to
<br />any condemnation action affecting the Improvements and the Tenancy Interest. Additionally,
<br />Tenant -Seller hereby expressly and unconditionally waives any claims (known or unknown)
<br />including loss of goodwill, statutory interest, claims for inverse condemnation or unreasonable pre -
<br />condemnation conduct, or any other compensation, damages or benefits, arising from the
<br />acquisition of the Improvements that Tenant -Seller may have against Buyer, its officials,
<br />representatives, and attorneys.
<br />B. Seller acknowledges that, in accordance with applicable provisions of California law,
<br />Seller may otherwise be entitled to the payment of relocation expenses, compensation for loss of
<br />goodwill, just compensation, inverse condemnation, unlawful pre -condemnation conduct, and other
<br />benefits and claims other than those expressly provided for in this Agreement in connection with
<br />Buyer's acquisition of the Property. Seller, on behalf of itself and its heirs, executors,
<br />administrators, successors and assigns, acknowledges that Buyer's performance under this
<br />Agreement constitutes full and complete satisfaction of Buyer's obligations to Seller with respect to
<br />such claims. Seller acknowledges that it may be entitled to benefits under the Uniform Relocation
<br />Assistance and Real Property Acquisition Policies Act of 1970, as amended, 42 United States Code
<br />section 4601 et, seq. and/or California Relocation Assistance Law, as amended, or the Real Property
<br />Acquisition Relocation Assistance Rules and Regulations. As a result of this Agreement, Buyer
<br />waives any right to relocation assistance, moving expenses, or other payments to which Buyer
<br />might otherwise be entitled under the Uniform Relocation Assistance and Real Property Acquisition
<br />Policies Act of 1970, as amended, 42 United States Code section 4601 et. seq. and/or California
<br />Relocation Assistance Law, as amended, or the Real Property Acquisition Relocation Assistance
<br />Rules and Regulations, as payment for said benefits is acknowledged to have been compensated for
<br />pursuant to this Agreement.
<br />14. ACKNOWLEDGMENT CONCERNING CIVIL CODE SECTION 1542. Subject to
<br />the terms and conditions of the Purchase and Sale Agreement, signed concurrently herewith,
<br />Tenant -Seller and Buyer acknowledge that they have been advised by their attorneys concerning,
<br />and is familiar with, the provisions of California Civil Code § 1542, which provides as follows:
<br />"A general release does not extend to claims which the creditor does
<br />not know or suspect to exist in his or her favor at the time of
<br />executing the release, which if known by him or her must have
<br />materially affected his or her settlement with the debtor."
<br />Tenant -Seller and Buyer acknowledge that they and any others acting on their behalf
<br />herein may have sustained damage, loss, cost, or expenses that are presently unknown and
<br />unsuspected and which may give rise to additional damages, loss, costs, or expenses in the future.
<br />Nevertheless, Tenant -Seller and Buyer acknowledge that this Agreement has been negotiated and
<br />agreed upon in light of that situation and hereby expressly waives any and all rights which it or
<br />others acting on its behalf may have under California Civil Code §1542, or under any statute or
<br />common law or equitable principle of similar effect.
<br />15. CONTINGENCY. Transaction is subject to and contingent upon receipt by Buyer of
<br />the duly executed Quitclaim Deed from Tenant -Seller with respect to the Tenancy Interest and the
<br />Improvements. This transaction is further subject to and contingent upon approval and acceptance
<br />by Buyer.
<br />25K-8
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