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PURDUE NATIONAL OPIOIDS SETTLEMENT
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Last modified
9/24/2025 1:45:31 PM
Creation date
9/24/2025 1:45:07 PM
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Contracts
Company Name
PURDUE NATIONAL OPIOIDS SETTLEMENT
Contract #
A-2025-160
Agency
City Attorney's Office
Council Approval Date
9/16/2025
Expiration Date
1/1/1900
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Docusign Envelope ID:F617E359-4OD9-46EO-BD71-OF5OB4798B26 <br /> Claims" and "Released Claims") are intended by the Governmental Entity and its <br /> Subdivision Releasors to be broad and shall be interpreted so as to give the Shareholder <br /> Released Parties and Released Parties the broadest possible release of any liability relating <br /> in any way to Shareholder Released Claims and Released Claims and extend to the full <br /> extent of the power of the Governmental Entity to release claims. The Agreement shall be a <br /> complete bar to any Shareholder Released Claim and Released Claims. <br /> 10. To the maximum extent of the Governmental Entity's power, the Shareholder Released <br /> Parties and the Released Parties are, as of the Effective Date, hereby released and <br /> discharged from any and all Shareholder Released Claims and Released Claims of the <br /> Subdivision Releasors. <br /> 11. The Governmental Entity hereby takes on all rights and obligations of a Participating <br /> Subdivision as set forth in the Agreement. <br /> 12. In connection with the releases provided for in the Agreement, each Governmental Entity <br /> expressly waives, releases, and forever discharges any and all provisions, rights, and <br /> benefits conferred by any law of any state or territory of the United States or other <br /> jurisdiction, or principle of common law, which is similar, comparable, or equivalent to <br /> § 1542 of the California Civil Code,which reads: <br /> General Release; extent. A general release does not extend to claims that <br /> the creditor or releasing party does not know or suspect to exist in his or her <br /> favor at the time of executing the release that,if known by him or her,would <br /> have materially affected his or her settlement with the debtor or released <br /> party. <br /> A Releasor may hereafter discover facts other than or different from those which it knows, <br /> believes, or assumes to be true with respect to the Shareholder Released Claims or such <br /> other Claims released pursuant to this release, but each Governmental Entity hereby <br /> expressly waives and fully, finally, and forever settles, releases and discharges, upon the <br /> Effective Date, any and all Shareholder Released Claims or such other Claims released <br /> pursuant to this release that may exist as of such date but which Releasors do not know or <br /> suspect to exist,whether through ignorance,oversight,error,negligence or through no fault <br /> whatsoever, and which, if known, would materially affect the Governmental Entities' <br /> decision to participate in the Agreement. <br /> 13.Nothing herein is intended to modify in any way the terms of the Agreement, to which <br /> Governmental Entity hereby agrees. To the extent any portion of this Participation and <br /> Release Form not relating to the release of,or bar against, liability is interpreted differently <br /> from the Agreement in any respect, the Agreement controls. <br /> 14.Notwithstanding anything to the contrary herein or in the Agreement, (x) nothing herein <br /> shall (A) release any Excluded Claims or(B) be construed to impair in any way the rights <br /> and obligations of any Person under the Agreement; and (y) the Releases set forth herein <br /> shall be subject to being deemed void to the extent set forth in Section 9.02 of the Master <br /> Settlement Agreement. <br /> 0 INMI <br /> K-3 0 <br />
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