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<br /> 12-£1 A <br /> insurance issued to the Released Parties by Lloyds Insurance Company or any other insurance carrier <br /> for the Released Parties, in effect or claimed to have been in effect on the date of the above described <br /> incident; as well as any extra-contractual, contract or tort claims of any nature whatsoever, both <br /> statutory and at common law, arising out of or in any way connected with the transactions or dealings <br /> by and between Releasing Parties and their attorneys or agents with the Released Parties, their agents, <br /> ,~-- <br /> subagents, servants, employees, attorneys, or adjusters, in any way connected with the prosecution <br /> - <br /> or adjustment of any and all claims arising out of or in any way connected with the above described <br /> matters, insurance policies and the handling of the claims made by the Releasing Parties against the <br /> Released Parties and their insurance carrier and adjusters; and the Releasing Parties hereby declare <br /> .that they fully understand the terms of this settlement and voluntarily accept said sum for the purpose <br /> of making a full and [mal compromise, adjustment and settlement of the injuries and damages, <br /> expenses and inconvenience above mentioned. The Releasing Parties her~by acknowledge that they <br /> realize that by signing this release and accepting the sum of money set forth as consideration, they can <br /> never make any claim whatsoever against Lloyds Insurance Company or its insureds or any other <br /> insurance carrier of the Released Parties that in any way is directly or indirectly related to the incident <br /> and insurance policies under which payment is made to the Releasing Parties. <br /> It is further agreed and understood that this s'ettlement is a compromise of a disputed claim; <br /> and that the payment made is not to be construed as an admission on the part of the party or parties <br /> It: . hereby released of any liability whatever in consequence of said matters. <br /> As further consideration for payment of the said FORTY THOUSAND AND 00/100 <br /> DOLLARS ($40,000.00), the Releasing Parties hereby agree to indemnify and hold hannless the said. <br /> CITY OF SAN MARCOS, its successors and assigns and any and all other persons, fIrms, subsidiaries <br /> - <br /> RELEASE\11913' reI<aSe <br /> -2- <br />