Agmt17 Boardwalk Auto and Towne Ford

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fixtures, furniture, or equipment; loss of business goodwill; severance damage; attorneys' fees or any other compensation of any nature whatsoever. LICENSEE acknowledges and agrees that the release and waiver set forth in this paragraph is material consideration for CITY's licensing of the License Area to LICENSEE on the terms set forth herein and that, but for this release and waiver, CITY would not have licensed the License Area to LICENSEE. It is hereby intended that the above release relates to both known and unknown claims that the LICENSEE may have, or claim to have, against CITY with respect to the subject matter contained in this Section 24. By releasing and forever discharging claims both known and unknown which are related to or which arise under or in connection with the items set out above, the LICENSEE expressly waives any rights under California Civil Code Section 1542, which provides: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR." LICENSEE REPRESENTS AND WARRANTS TO CITY THAT IT HAS READ AND UNDERSTANDS THE CONTENTS OF THIS LICENSE, HAS HAD AN OPPORTUNITY TO REVIEW AND DISCUSS IT WITH COUNSEL OF ITS CHOOSING, AND AGREES TO COMPLY WITH AND BE BOUND BY ALL OF ITS PROVISIONS. IN WITNESS WHEREOF the parties have executed this Agreement as of the day and date first above written. REDWOOD CITY: By��d Melissa Stevenson Diaz, City Manager REV: 01-25-17 RL �v■�n_��z�jr�t�zc�:... . ia�r�tr�m LICENSEE: By:/rdwalk Namopf Its: Buto I 1 -4 - By: (.1 1 Name: Ben Koof Its: Towne Ford pl. -CCL-Il` Page 11 of 13