Township Council Meeting — Packet

prior to the date of this Agreement at or concerning the premises owned by Releasee located at 275 Northfield Road, West Orange, New Jersey (for the purposes of this paragraph, the “Released Claims”). The Released Claims shall not be deemed to include any claims for property taxes assessed against such property and any fines and penalties accruing after the date of this Agreement for conduct of Releasee which conduct occurs after the date of this Agreement. RON JOLYN specifically releases the following claims: Any and all claims arising out of the alleged incidents that occurred on or about September and October 2021, which are the subject of a lawsuit presently pending in the Superior Court of New Jersey, Law Division, Essex County, matter of West Orange v. Ron Jolyn Realty, et al., Docket No. ESX-L-002518-22 and which shall be dismissed with prejudice. RON JOLYN, on its own behalf, and on behalf of each of their past, present and future officers, office holders, employees, representatives, attorneys, agents, and/or assigns of all the foregoing (collectively, for the purposes of this Paragraph, the “Releasors”) hereby fully, finally and forever release and discharge the TOWNSHIP OF WEST ORANGE as well as each of its past, present and future insurers, reinsurers, officers, directors, stockholders, attorneys, agents, servants, representatives, employees, subsidiaries, parent companies, related and affiliated companies, holding companies, partners, privies, predecessors, successors in interest, and assigns (collectively, for the purposes of this paragraph, the “Releasees”) from any and all claims, demands, causes of action, damages, costs, and compensation of any nature whatsoever including but not limited to all fines and penalties, whether known or unknown, which the Releasors had, now have, or which may hereafter accrue or which the Releasors may otherwise hereafter acquire, that relate to, arise out of, or in any way concern the conduct and acts of Releasee prior to the date of this Agreement at or concerning the premises owned by Releasee located at 275 Northfield Road, West Orange, New Jersey (for the purposes of this Paragraph, the “Released Claims”). The Released Claims shall not be deemed to include any claims for property taxes assessed against such property and any fines and penalties accruing after the date of this Agreement for conduct of

”). The Released Claims shall not be deemed to include any claims for property taxes assessed against such property and any fines and penalties accruing after the date of this Agreement for conduct of Releasee which conduct occurs after the date of this Agreement. 2. Payment. In consideration for making this release you have agreed to pay us a settlement of One Hundred and Thirty-Five Thousand Dollars ($135,000) within thirty (30) days of execution of this Agreement (TIME IS OF THE ESSENCE). It is expressly understood and agreed that acceptance of this payment is in full accord and satisfaction of and in compromise of all disputed claims and that the payment thereof is not an admission of liability, but is made for the purpose to terminating all disputes and litigation between the parties. TOWNSHIP OF WEST ORANGE further understand and agree that I will not seek further payments from you. 2