Laserfiche WebLink
SETTLEMENT AGREEMENT AND RELEASE <br />THIS SETTLEMENT AGREEMENT AND RELEASE ("Agreement") is made and <br />entered into this 3b TH day of March, 2022 ("Effective Date") between SBCW Consulting, <br />Inc , a California corporation ("SBCW") and the City of Redlands, a California general law city <br />("City"). SBCW and City are sometime individually referred to herein as a "Party" and, together, <br />as the "Parties " <br />RECITALS <br />WHEREAS, on July 22, 2020, SBCW filed a complaint against City in California Supenor <br />Court, San Bernardmo County, as Case No C1VDS2015309 titled S B C W Consultzng, Inc , a <br />California corporation v City of Redlands ("Action"), and <br />WHEREAS, having agreed to compromise, settle and discharge all claims, controversies, <br />demands, and actions, or causes of action, which SBCW may have or claim to have agamst City, <br />(including, without limitation, those claims made in the Action), the Parties to this Agreement now <br />desire to memorialize that agreement in this fmal form, <br />NOW, THEREFORE, IN CONSIDERATION of the promises, covenants and agreements <br />herein contained, the Parties agree as follows. <br />1 In exchange for the promises and releases contained herein, City agrees to pay the <br />following in full settlement of any and all of SBCW's claims as set forth in the Action <br />("Settlement Payment"). <br />Fifteen thousand dollars ($15,000), shall be paid by check made out to <br />"S B C W Consulting, Inc " The Settlement Payment will be made <br />within thirty (30) days of this Agreement being fully executed and <br />City's receipt of SBCW's form W-9. <br />2 Concurrently with the execution of this Agreement, SBCW shall execute such <br />documents and perform such acts as are necessary to withdraw and/or dismiss with prejudice the <br />Action and any other charges or complaints filed with any state or federal agency or court against <br />City, as well as all agents, officers, directors, shareholders, employees, representatives, affiliated <br />companies, sister companies, parent companies, contractors, and all persons actmg by, through, <br />under, or in concert with any of them SBCW shall file and serve a dismissal, with prejudice, of <br />the entirety of the Action within five (5) days of receiving the Settlement Payment <br />3 In exchange for the promises contained herein, SBCW, and its successors and <br />assigns, hereby irrevocably and unconditionally releases, acquits and forever discharges City, as <br />well as all of City's current or former elected and appomted officials, officers, employees, and <br />agents, and all persons actmg by, through, under or in concert with any of them, and each of their <br />respective heirs, successors, and assigns (collectively, "Releasees"), or any of them, from any and <br />all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, <br />damages, actions, causes of action, suits, rights, demands, costs, losses, debts and expenses <br />Page 1 of 3 <br />L:\ca\dim\Agreements\SBCW Settlement Agreement 3.2.22.DOCX <br />