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CONTRACT 6589 Settlement AgreementAgreement No. 6589 SETTLEMENT AGREEMENT AND MUTUAL RELEASE THIS SETTLEMENT AGREEMENT ("Agreement") is made and entered into as of this day of January, 2023 (the "Effective Date") by and among Christopher Donovan, an individual ("Employee"), and the CITY OF El Segundo, a California municipal corporation ("City"). The above parties will be referred to collectively as the "Settling Parties" and each is referred to as a "Party" hereinafter. RECITALS This Agreement is made with reference to the following facts: A. The City has offered an Exceptional Pay Program ("Program") through its administrative code for its Executive Staff. The City had for numerous years reported payments made under this Program to the California Public Employees Retirement System ("PERS") and PERS would include this calculation in the retirement payments/benefit made to former employees of the City. PERS declined to include payments under the Program to Employee in Employee's retirement benefit. B. Employee received payments under the Program and Employee and City made payments to PERS for purposes of covering some of the costs of including Program payments in the Employee's retirement benefit. C. Employee asserts that the City has an obligation to make Employee whole with regard to the amount of retirement benefit the Employee would have received as if PERS had continued to include payments made under the Program in the retirement benefit received by the Employee. The City rejects this claim by the Employee. The Employee's assertion and the City's rejection will hereinafter be referred to as the "Dispute." NOW, THEREFORE, in consideration of the mutual covenants and agreements described below, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Settling Parties hereby agree: 1. Obligations, of City. Within 15 business days of the execution of this Agreement, City will pay Employee City the sum of eighty thousand dollars ($80,000) (the "Payment"). 2. Obligations of Ena to Lee. Employee shall not further pursue the Dispute with PERS or the City and assigns the City the right, if any, to receive a refund of any payments that Employee made to PERS for purposes of enhancing Employee's retirement benefit for payments Employee received under the Programs. Employee shall be responsible for all federal, state and local tax obligations associated with receiving the Payment. The City will issue Employee an IRS Form 1099 reflecting the amount of the Payment. 3. Mutual Releases,. Agreement No. 6589 A. Employee forever releases and discharges the City, and its respective officers, elected or appointed officials, attorneys, agents, representatives, directors, members, shareholders, employees, successors, and assigns, and each of them (collectively the "City Parties"), who are each express third party beneficiaries of this Agreement, from any and all past, present or future claims, actions, losses, liabilities, causes of action, liens, demands, rights, damages, costs, attorney's fees, interest, expenses, reimbursement and compensation of any nature whatsoever (collectively, "Claims"), whether known or unknown, disclosed or undisclosed, and whether or not anticipated, in any way related to the Dispute. B. City forever releases and discharges Employee and his successors, and assigns, and each of them (collectively the "Employee Parties"), who are each express third party beneficiaries of this Agreement, from the Claims, whether known or unknown, disclosed or undisclosed, and whether or not anticipated, in any way related to the Dispute. C. Each of the Parties also waives any and all claims for the recovery of any damages, costs, expenses or fees, including attorney fees associated with the matters and Claims released herein. D. In connection with the release of the Claims described in this Agreement, each Party to this Agreement, and anyone acting by or through them: (i) Acknowledges that he, she or it has been advised by legal counsel and is familiar with the provisions of California Civil Code section 1542, which provides: "A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party. and (ii) Waives any and all rights that he, she or it may have under the provisions of California Civil Code section 1542 as well as under any other statute or common law principle of similar effect. In the event that any waiver of the provisions of section 1542 of the Civil Code provided for in this Agreement shall be judicially determined to be invalid, voidable or unenforceable, for any reason, such waiver to that extent shall be severable from the remaining provisions of this Agreement, and the invalidity, voidability or unenforceability of the 2 Agreement No. 6589 waiver shall not affect the validity, effect, enforceability or interpretation of the remaining provisions of this Agreement. 4. Covenant Not to Sue. The Settling Parties agree not to sue each other, or in any way assist any other person or entity in suing one another, with respect to any claim released under this Agreement. This Agreement may be pleaded as a full and complete defense to, and may be used as the basis for an injunction against any dispute, suit, or other proceeding that may be instituted, prosecuted, or attempted in breach of the released contained herein. The Settling Parties hereby agree not sue each other over the Dispute or the Claims. 5. Representations and Warranties, Each Party represents and warrants that it has not heretofore assigned or transferred, or purported to assign or transfer, any of the claims released pursuant to this Agreement to any other person not a party hereto, and that it is fully entitled to compromise and settle same. Each Party agrees to indemnify the other against all costs, expenses, and judgments, including all attorneys' fees incurred, in the event any third party asserts any of the claims released pursuant to this Agreement based upon the assignment or transfer thereof to such third party. 6. Own Counsel. Each Party acknowledges that it has been represented by, or had the opportunity to be represented by counsel of its own choice prior to executing this Agreement. 7. Cou:ntcr arts. This Agreement may be executed in one or more counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. In addition, a facsimile or photocopy signed copy of the Agreement or electronically signed copies of this Agreement utilizing technology which conforms to the requirements in both Government Code Section 16.5 and 2 California Code of Regulations Section 22003 shall legally bind the parties to the same extent as original documents. 8. Captions. The captions of paragraphs contained in this Agreement are for reference only and are not to be construed in any way as a part of this Agreement. 9. Own Costs,. As between themselves, the Settling Parties shall each bear their own costs, expenses, and attorney's fees that have heretofore incurred in connection with or arising out of the Dispute and/or the Claims. 10. l ntirc Ai'een�cnt No Oral l+hadification. This Agreement represents the entire agreement between the Settling Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous oral and written agreements and discussions. Each of the parties hereto covenants that it has not entered into this Agreement as a result of any representation, agreement, inducement or coercion, except to the extent of representations and/or agreements specifically set forth herein. Each party hereto further covenants that the consideration recited herein is the only consideration for entering into this Agreement, and that no promises or representations of other or further consideration have been made by any person. Each party hereto further Agreement No. 6589 represents and covenants that in executing this Agreement each party does so with knowledge of any and all rights which it may have with respect to the provisions of this Agreement; that it has carefully read and considered this Agreement and fully understands its contents and the significance of its contents; that it is entering into this Agreement of its own informed and free will and based upon its own judgment and that it has obtained independent legal advice with respect to this Agreement. This Agreement may be amended only by an agreement in writing and duly executed by all the Parties hereto. 11. Binding, Effect, This Agreement is binding upon and inure to the benefit of the parties hereto and to their respective employees, agents, heirs, representatives, and related -party successors and related -party assigns. 12. Authority. Each of the Settling Parties warrants, represents, and agrees that this Agreement has been duly approved, executed, and delivered and constitutes the valid and binding obligation of each such party, and that the individual executing this Agreement on behalf of such party has the authority to do so. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the Effective Date. CITY OF El Segundo, a California Municipal Corporation By: Darrell George, City Manager ATTEST: By: _. Tracy Weav , k'iClerk Approved as to form: CHRISTOPHER DONOVAN, an individual Name: "Ct*04 Date: 2- Z 2- By: ��: 3oa-uia Vaa uez Asst. Cit Attorneyfor: Mirk D. Hensley, City Attorney Feb. 10, 2023 4