Use of Agreement. a. This Agreement constitutes a compromise of disputed claims. This Agreement shall not constitute an admission or adjudication with respect to any allegation made by any party. Moreover, Defendant denies any liability with respect to Plaintiffs’ claims, and nothing contained in this Agreement shall be construed as an admission of liability. Further, this Agreement shall not constitute an acknowledgement by Plaintiffs that there was no wrongdoing, misconduct or liability. b. This Agreement supersedes the 2022 Settlement Agreement, dated October 21, 2022, in its entirety. The 2022 Settlement Agreement terminated on May 2, 2024, is of no further force or effect, and the Parties shall have no further obligation to each other thereunder.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement