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2. AEP agrees to reimburse the City, within sixty (60) days from the effective date <br />of this Agreement, in the amount of $ 1 /357, ', which amount is detailed in Exhibit B, <br />incorporated herein by reference and attachment. <br />3. Upon execution of this Agreement and City receipt of full reimbursement from <br />AEP, the City, its agents, agencies, representatives, and assigns, do hereby now and forever, <br />fully and finally, release, acquit and forever discharge AEP, its surety, insurance company, <br />parent company, affiliates, subsidiaries, principals, predecessors, successors, assigns, <br />representatives and agents of and from any and all claims, damages, rights of subrogation, <br />demands, actions, liabilities, responsibilities, causes of action, liens, covenants, lawsuits and <br />judgments, whatsoever, which the City now has, might have or might claim to have against AEP <br />arising out of or related to the Project. <br />4. Upon execution of this Agreement, AEP, its surety, parent company, subsidiaries, <br />principals, successors and assigns, do hereby now and forever fully and finally release, acquit <br />and forever discharge the City, its agents, representatives, assigns, and all other persons, firms, <br />corporations, associations, or partnerships in any way related of and from any and all claims, <br />damages, rights of subrogation, demands, actions, liabilities, responsibilities, causes of action, <br />liens, covenants, lawsuits and judgments whatsoever, either known or unknown or which may <br />hereafter accrue which AEP now has, might have or might claim to have against the City <br />specifically arising out of or related to the Project. <br />5. The parties agree and stipulate that each party shall bear its own costs, expenses <br />and attorneys' fees in relation to this Agreement. <br />2 <br />