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the future. However, the parties have negotiated this agreement in full knowledge of the possibility <br />of additional damages and claims, and intend this agreement to settle and finally dispose of al such <br />clauns or damages arising out of the above-described transaction, whether known or unknown. <br />To settle this matter it has been agreed that the Defendants, Housing Assaciates, Inc. and/or <br />Dauiel Allgeier sha11 pay the sum of One Hundred Thousand Dollazs and No/I OOths ($100,000.00) <br />to the City of Paris, Texas. This payment is to be made to the City of Paris, Texas on or before seven <br />(7) days after the Defendants, through their counsel, are notified that tlus agreement has been <br />approved by the City Council of the City of Paris, Texas. Notification may be made by PlaintifPs <br />counsel by e-mail, fax, or letter directed to Ron Cohen as attorney foz Defendants. After said <br />notification, the sum of One Hundred Thousand Dollars and No/lOQths ($100,000.00) is to be <br />tencTered to tIie~City ofPaiis; Te~as ytlie De~eridarits as clescri -ecl a"-ove: Tlieiea;fter; the pai-~ies"sha11 file a Joint Motion to Dismiss with Prejudice and an Agreed Order of Dismissal with Prejudice <br />with taxable court costs taxed to the party incurring same sha11 be entered. <br />Each pariy shatl bear its own costs. <br />This agreement is made according to the laws of the State of Texas. 'I'he parties expressly <br />~ <br />agree that this agreement is govemed by, and will be construed and enforced in accordance with ~ <br />; <br />Texas Iaw. <br />This agreement may be executed in a number of identical counterparts, each of which will <br />be deemed an original for a11 purposes. <br />By signing below the design.ated representatives of each of the parties warrants that he has <br />the necessary authority to execute this agreement. <br />Compromise 9ettlemeatAgreement <br />City of Paris, Tezas v. Aoueing Assoclatea, Tnc. <br />and Daniel Allgeier 2 <br />