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Century Indemnity Company 10/5/2025
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Century Indemnity Company 10/5/2025
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Last modified
10/8/2025 1:43:31 PM
Creation date
10/8/2025 1:41:34 PM
Metadata
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Template:
Contracts
Contractor's Name
Century Indemnity Company
Approval Date
10/5/2025
Council Approval Date
10/1/2025
End Date
10/5/2025
Department
Legal
Department Project Manager
Tim Benedict
Subject / Project Title
SETTLEMENT AGREEMENT AND SITE RELEASE
Tracking Number
0004977
Total Compensation
$1,311,609.00
Contract Type
Agreement
Contract Subtype
Settlement Agreements
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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contained herein. Except as explicitly set forth in this Agreement, no representations, warranties <br />or inducements, whether oral or written, express or implied, shall in any way affect or condition <br />the validity or interpretation of this Agreement. Notwithstanding the foregoing, the Parties agree <br />that this Agreement shall not modify, supplement, revise or replace any prior agreement between <br />the Parties to the extent such prior agreement contains a broader release, hold harmless provision <br />or other protection of the Insurers. <br />D. No Presumptions of Agreement. This Agreement was reviewed and approved <br />as to form by attorneys for each of the Parties, and the Parties intend that there be no presumption <br />or construction against either Party. Neither Party will be deemed to be the drafter of this <br />Agreement or of any particular provision, and no part of this Agreement is to be construed against <br />a Party based on the Party's identity as an insurance company or as the drafter of any part of this <br />Agreement. <br />E. No Modification. This Agreement may not be amended or modified other than <br />by written agreement agreed to and signed on behalf of both Parties. <br />F. Additional Documents. The Parties hereby agree to promptly execute, deliver, file <br />and record any and all other and further instruments and documents which may be necessary to <br />give full force and effect to the terms and intent of this Agreement andior to cure any defect in the <br />execution and delivery of this Agreement and the documents referenced herein. <br />G. Counterparts & Electronic Signatures. This Agreement may be executed in <br />multiple counterparts, each of which will be deemed to be an original and each of which will <br />represent the executing Party's commitment to the entire Agreement. The Parties agree that a <br />facsimile or electronic signature (e.g. PDF signature) shall have the same effect as an original <br />"wet" signature. <br />
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