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Packet · Oct 8, 2024

Township Council Meeting — Packet

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Page 11

3. Non-Admission. TOWNSHIP OF WEST ORANGE further acknowledges that the settlement of these claims which are also the subject of a lawsuit instituted as West Orange v. Ron Jolyn Realty, et al., Docket No. ESX-L-002518-22 does not constitute an admission of wrongdoing on the part of any party to this lawsuit. 4. Who is Bound. TOWNSHIP OF WEST ORANGE and RON JOLYN are bound by this Release. Anyone who succeeds to my rights and responsibilities, such as my heirs or the executor of my Estate, is also bound. This Release is made for your benefit and all who succeed to your rights and responsibilities, such as your heirs or the executor of your Estate. 6. Dismissal of Action. Within three (3) days of receipt of the payment set forth in Paragraph 2, the TOWNSHIP OF WEST ORANGE and RON JOLYN shall dismiss any and all claims against each other including but not limited to, cross-claims, counter-claims, claims of subrogation and/or indemnification. 7. Applicable Law. The existence, validity, construction, and operation of this Agreement, and all of its covenants, agreements, representations, warranties, terms, and conditions shall be determined in accordance with the laws of the State of New Jersey, without giving effect to the principles of conflicts of law. 8. Entire Agreement. This Agreement sets forth the entire agreement between the Parties, and fully supersedes all prior and/or contemporaneous agreements or understandings between the parties which pertain to the subject matter hereof. The terms of this Agreement may not be contradicted by evidence of any prior or contemporaneous agreement and no extrinsic evidence whatsoever may be introduced to vary its terms in any judicial proceeding involving this Agreement. 9. Modification. This Agreement may be modified, but only if the modification is in writing and signed by all parties to this Agreement. 10. Severability. Should any provision of this Agreement be declared or determined by any court to be illegal or invalid, the validity of the remaining parts, terms, or provisions shall not be affected thereby, and said illegal or invalid part, term, or provision shall be deemed not to be part of this Agreement. 11. Signatures. The TOWNSHIP OF WEST ORANGE understands and agrees to the terms of this Release. If this Release is made by a corporation, its proper corporate officers sign and its corporate seal is

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11. Signatures. The TOWNSHIP OF WEST ORANGE understands and agrees to the terms of this Release. If this Release is made by a corporation, its proper corporate officers sign and its corporate seal is affixed. 3

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