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whatsoever, relating to, arising out of, and/or in connection with the Policies and arising from or <br /> related to: (a) the GTS Site; (b) the VCP Claim; (c) any other property or location onto which <br /> Environmental Contamination has actually or allegedly emanated from, migrated from or been <br /> transported, moved or in any way released from the GTS Site, but only to the extent of <br /> Environmental Contamination from the GTS Site; (d) the negotiation and execution of this <br /> Agreement. <br /> V. THIRD PARTIES <br /> A. Except as otherwise set forth in this Agreement, no actions taken or payments <br /> made pursuant to this Agreement will constitute a release of, or be construed as relieving, any <br /> third party of any financial or other obligation it had,presently has or may have in the future. <br /> B. Nothing herein shall in any way preclude or prohibit Safety National from <br /> bringing or pursuing any Claims against any of its reinsurers and/or retrocessionaires; <br /> notwithstanding anything to the contrary in this Agreement, Safety National retains all of its <br /> rights to pursue reinsurance and to enforce any and all contracts with reinsurers and/or <br /> retrocessionaires. <br /> VI. JUDGMENT REDUCTION/CREDIT OFFSET <br /> The City of Everett warrants that as of the Effective Date it does not have a judgment <br /> against any other Person in connection with any of the Claims released under this Agreement. If <br /> the City of Everett makes a Claim or obtains a judgment against any Person or settles any Claim <br /> with any Person with respect to City of Everett Released Claims, and in the further event that <br /> such other Person asserts any Claim against any of the Safety National Releasees for <br /> contribution, subrogation or indemnification relating to such Claims, the City of Everett will <br /> offer to voluntarily reduce its settlement,judgment or Claim against such other Person, or will <br /> Settlement Agreement and Site Release <br /> Page—9 <br /> 2625918/1470.0003 <br />