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O~i1~~2008 14:22 #3968 P.D05 /D06 <br />JV. <br />This agreement is made according to the laves of the State of Texas. The parties expressly <br />agree that this agreement is governed by and will be construed in accordance with Texas law. <br />'V. <br />This agreement is binding on and mares to the benefit of the parties and tl~.eix respecti ve heirs, <br />representatives, s~:ccessors, anal assi~iis. <br />~'Y. <br />This a~eeinent contains the entire agreement between the parties. It supercedes any and all <br />prior agreements, arrangements, or understandings between the parties on all subjects in any vvay <br />related to the transaction or occuxxenee described in this agreement. <br />~I[. <br />This agreement maybe executed is a number of ideniical counterparts, each of which will <br />be deemed an original for all purposes. <br />VILI. <br />By signing below the designated representatives of each. of the parties warrants that he has <br />the necessary autk~ority to execute this agreement. Specifically, the City of Clarksville, Texas will <br />provide to the City.of Paris, Texas documentation that the City Council ofthe City of Claticsville, <br />Texas has approved the execution ofthis Coznprornise Settlement Agreement. <br />IX. <br />Upon receipt of the first paymetxt of $10,000.00 as described above, as well as receipt of the <br />documentation o; the approval of the agreement by the City of Clarksville, Texas, then the City of <br />Paris, Texas will file the appropriate Motion to Dismiss this action with prejudice. <br />Compromise Settlement Agreement 3 <br />City of Paris, Texss v. City of Clarksv,lle, Texas <br />~1{+ `(.. <br />