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D. WHEREAS, Releasees c'_aI'm the right to recover <br />® contribution and/or indemnification from LTV Corporation a.d all <br />persons, corporations and entities which manufactured, n:oduced <br />or fabricated the subject pipe "ne or performed any work or. the <br />subject pipeline and each insure: of the foregoing corporations <br />and entities and any persons, corporations, or entities of any <br />nature whatsoever, both known and unknown at this time, which may <br />be alleged to be responsible in whole or in part for the July 8, <br />19e6 accident; and <br />E. WF.EREAS, the Claimants and 'Releasees have agreed to <br />compromise and settle all claims, known and unknown, upon thi <br />terms and conditions hereinafter set forth. <br />AGREEMENT <br />NOW, THEREFORE, the Parties agree as follows: <br />1. Payments and Consideration. <br />In consideration of all terms and conditions, including the <br />Release and Discharge, Paragraph 2, the Releasees agree to pay <br />to The City of Mounds View, Minnesota, the sum of Two Hundred <br />Fifty Thcisand Dollars and no/100 ($250,000.00). <br />Further, Williams Pipe Line Company agrees to extend to The <br />City of Mounds View, Minnesota, its agreement with Ramsey County, <br />Minnesota as set forty in a letter dared January 20, 1989 from <br />Curtis M. Proud to David MacMillan, a copy of which is attached <br />hereto as Exhibit A to this Settlement Agreement. <br />2_ Release and Discharge. <br />THE CITY OF MOUNDS VIEW, MINNESOTA, ("the Claimant") and <br />® WILLIAMS PIPE LINE COMPANY, a Delaware corporation, THE WILLIAMS <br />-2- <br />