LEE, YONG JAE AND HEA JUNG LEE - Laserfiche WebLink

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9. Authoritv: Each PARTY hereby represents and warrants that the party executing this AGREEMENT is a duly authorized signatory. 10. Independent Advice: Each PARTY acknowledges and agrees that he, she or it, as applicable, has been represented throughout the negotiation and documentation of this AGREEMENT by counsel of the PARTY'S choice and has been advised by such counsel with respect to this AGREEMENT and the effect of the releases given in this AGREEMENT. Each PARTY further acknowledges and agrees that he, she or it, as applicable, has read this AGREEMENT, knows its contents and effect and, in executing this AGREEMENT, has relied solely on their or its, as applicable, own judgment, belief and knowledge and the advice and recommendations of such PARTY'S counsel. Neither PARTY has been induced to enter into this AGREEMENT by any representation or statement of any other party not expressly contained in this AGREEMENT. 11. Successors and Assigns: This AGREEMENT shall be binding upon the successors and assigns of the PARTIES to this AGREEMENT. 12. Integration; Conditions Precedent: This AGREEMENT shall be of no force or effect, and will be neither binding nor enforceable, unless and until the AGREEMENT has been fully executed by the PARTIES. No other agreements, covenants, representations or warranties, express or implied, oral or written, have been made by any PARTY to any other PARTY with respect to the subject matter of this AGREEMENT. All prior and contemporaneous conversations, negotiations, possible and alleged agreements, representations, covenants and warranties with respect to the subject matter hereof are of no force or effect. 13. No Admission of Liability: Each PARTY acknowledges and agrees that this AGREEMENT accomplishes the compromise of disputed claims and is not intended to constitute Page 5 of 8 4376691.1 -- NI476.1