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Apr -E5 -00 09:01A <br />P.08 <br />S. Release by Energy Fuels dnc9 coz-1Y Mounts'�,in Rr• <br />Energy Fuels and Corley Mountain Ranch, for themselves and for <br />their respective predecessors, successors, assigns, agents, <br />employees, partners, officers, directors, and shareholders do <br />hereby remise, release, and forever discharge south Wind, K2T, and <br />South Central together with their respective predecessors, <br />successors, assigns, subsidiaries, affiliates, insurers, <br />representatives, employees, servants, agents, attorneys, officers, <br />managers, and members, of and from any and all claims, obligations, <br />liabilities, losees, actions, causes of action, covenants, <br />contracts, controversies, agreements, damages, demands, rights, <br />casts, promises, expenses, or compensation, fixed or contingent, <br />assorted or unasserted, at law or in equity, which Energy fuels or <br />Corley Mountain ,Ranch, or their respective predecessors, <br />successors, assigns, agents, employees, partners, officers, <br />directors, or shareholders asserted or which could have bean <br />asaextcd in the Pending Action (hereinafter, collectively, <br />nDefendant Claima °). <br />6. ov ©naq,lpt_ tv s�. Each party to this Agreement, for <br />itself, its predecessors, successors, assigns, all persons claiming <br />under it, and for its agents, employees, shareholders, members, <br />managers, directors, and officers, expressly covenants with each of <br />the other parties that neither it nor any of its agents, employees, <br />shareholders, members, managers, directors, and officars will <br />commence or assist in commencing any suit or action at law or in <br />equity by reason of any .Plaintiff Claims or Defendant Claims <br />defined, described, or referred to in paragraph o or 5 above. <br />7. V0nassianmant. Each party to this Agreement respectively <br />and expressly warrants and represents that it has not sold, <br />assigned, granted, or transferred any Plaintiff Claims or Defendant <br />Claims defined, described, or referred to in paragraph 4 or 5 <br />above. <br />a. Dism.if;nal with PreJ i o. Contemporaneously with the <br />final execution and delivery of this Agreement, the parties will <br />execute a stipulation for dismissal of the Pending Action with <br />prejudice, each party to bear its own costs and attorneys, fees. <br />9. Mi ce lztne�Q11,q. <br />(a) Thia Agreement shall be binding in all respects upon <br />the successors and assigns of the parties to this Agreement. <br />(b) This Agreement shall be governed by the laws of the <br />State of Colorado. <br />(c) This Agreement may be executed in counterparts. <br />(d) This Agreement, the Special warranty Deed, and the <br />coal .Mining Lease constitute the entire agreement of the <br />-3- <br />