Agmt26 Juva Retail RWC Inc. Settlement Agreement

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ATTY/AGR/SETTLEMENTS/2026/JUVA RETAIL RWC INC./JUVA RETAIL RWC INC. SETTLEMENT AGREEMENT REV: 04-24-26 MI Page 5 of 9 AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY. To the fullest extent permitted by law, each Party hereby agrees, represents and warrants that they realize and acknowledge that factual matters now unknown to it may have given or may hereafter give rise to causes of action, claims, demands, debts, controversies, damages, costs, losses and expenses which are presently unknown, unanticipated and unsuspected, and the Party further agrees, represents and warrants that the waivers and releases herein have been negotiated and agreed upon in light of that realization and that the Party nevertheless hereby intends to release, discharge and acquit the Released Parties from any such unknown causes of action, claims, demands, debts, controversies, damages, costs, losses, expenses and other claims. Notwithstanding the foregoing, the City reserves the right to take appropriate legal action to enforce any conditions related to Permittee’s cannabis retailer permit. The City further reserves the right to exercise its police powers and administer its Cannabis Regulations. 5. General Provisions: a. No Admission: This Agreement is the result of a compromise and shall never, at any time for any purpose, be considered as an admission of liability or responsibility on the part of any Party herein released, nor shall the release of any claims or waiver of costs in consideration of the execution of the Agreement constitute or be construed as an admission of any liability whatsoever by any Party herein released. b. Cooperation: The Parties shall use available efforts to cooperate with one another in the planning, preparation, execution and close out of the obligations established in this Agreement and otherwise to achieve the objectives and purposes of this Agreement. c. Successors and Assigns: This Agreement shall inure to the benefit of and bind the respective successors and assigns of the Parties, if any. Except as otherwise provided herein, this Agreement is for the exclusive benefit of the Parties hereto and not for the benefit of any other person and shall not be deemed to have conferred any rights, express or implied, upon or duties to any other person. d. Advice of Counsel: Each of the Parties has read this entire Agreement and has been given the opportunity to seek advice of counsel prior to executing this Agreement. No Party shall deny the validity or enforceability of this Agreement on the basis that the Party did not have the advice of counsel. Each Party acknowledges and agrees that he, she or it has received or had the opportunity to receive independent legal advice by counsel selected solely by such Party in the preparation, review, and advisability of entering into this Agreement and that the rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement. e. Authority: Each Party represents and warrants to the others that (i) this Agreement is duly authorized, executed, and delivered by the representing Party; (ii) this Agreement is a legal, valid, and binding obligation of the representing Party, enforceable against the representing Party except as enforcement may be limited by law; and (iii) the authorization,