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through the date of this Agreement regardless of whether such damages or consequences occur <br />in the future. <br />Sunram accepts the payments of the Settlement Amount as specified below in fullC. <br />satisfaction of its Claims in the Action <br />The Released Claims do not include and do not apply to limit claims for anyD. <br />unknown construction or design defects discovered subsequent to the effective date of this <br />Agreement by the City of Arden Hills with regard to the Project,or any claims of contribution or <br />indemnity that may arise in the future related to such claims. <br />CONSIDERATION.2. <br />Consideration for Sunram.Sunram agrees to accept in full settlement of theirA. <br />claims and as consideration for the other terms and conditions of this Mediated Settlement <br />Agreement and Release a payment of $50,000 (the “Settlement Amount”). <br />Consideration Extended by Defending Parties.Each of the Defending PartiesB. <br />agrees to pay or extend the consideration described below in exchange for the Released Claims <br />Agreement and Release: <br />$22,500 -Consideration for the City of Arden Hills <br />$27,500 -Consideration for WSB and Associates,Inc. <br />All payments made shall be made the later of 30 days from the effective date of this Agreement <br />of Arden Hills City Counsel as the final signator to this Mediated Settlement Agreement and <br />Release,through checks payable to Sunram Construction,Inc.delivered to Sunram’s counsel at <br />the address listed below.Sunram shall supply a w-9 Form to the Defending Parties as a <br />condition to receiving payment. <br />3 <br />or 7 days from the date this Mediated Settlement Agreement and Release is approved by the City <br />as set forth in Paragraph 1 above and in other terms and conditions of this Mediated Settlement