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Chubb Insurers 1/25/2021
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Chubb Insurers 1/25/2021
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Entry Properties
Last modified
2/24/2021 11:51:50 AM
Creation date
2/24/2021 11:51:20 AM
Metadata
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Template:
Contracts
Contractor's Name
Chubb Insurers
Approval Date
1/25/2021
Council Approval Date
1/13/2021
Department
Legal
Department Project Manager
Tim Benedict
Subject / Project Title
4000 Railway Insurance Settlement
Tracking Number
0002790
Total Compensation
$100,000.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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3.21 Severability. If any provision of this Settlement Agreement shall be found <br /> unenforceable for any reason,that finding shall not affect the enforceability and effect of any other <br /> provision herein. <br /> 3.22 Binding Effect Upon Successors in Interest. This Settlement Agreement is <br /> binding upon the successors and assigns of each Party and shall inure to the benefit of the <br /> successors and assigns of each Party. <br /> 3.23 Additional Documents. The Parties agree to cooperate fully and execute any and <br /> all supplementary documents, and to take all additional actions that may be necessary or <br /> appropriate to give full force and effect to the basic terms and intent of this Settlement <br /> Agreement. <br /> 3.24 Tax Implications. The Parties acknowledge that there have been no warranties or <br /> representations regarding the tax implications,if any,of this settlement. Each Party has consulted <br /> or has had the opportunity to consult with accountants and financial advisors regarding the <br /> settlement. <br /> So agreed: <br /> CITY OF EVERETT CHUBB INSURERS <br /> By: By: <br /> Name: - *"; Name: <br /> t 4 Frank Tung <br /> Its: Its: Claims Handler <br /> Dated: '-*** - Dated: 2/10/21 <br /> If <br /> („, t <br /> 8 <br />
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