EX-10.1
EX-10.1
SETTLEMENTAGREEMENTANDRELEASEOFCLAIMS
This Settlement Agreement and Release of Claims (this “Agreement”) is entered into and effective as of March 27, 2026 (the “Effective Date”), by and among Clark/Lewis, a Joint Venture (“Clark/Lewis”); American Bridge Company (“AB”); the sureties issuing Payment and Performance Bond Nos. 9196529/387007832 on behalf of AB, Zurich American Insurance Company, Fidelity and Deposit Company of Maryland, and Liberty Mutual Insurance Company (together, the “AB Sureties”); the Washington State Convention Center (“WSCC”); and Smith Currie Oles LLP (“SCO”). The parties are individually referred to as a “Party” and together as the “Parties.”
Recitals
A.On or about April 21, 2017, Clark/Lewis entered into a General Contractor / Construction Manager Agreement (“GC/CM Agreement”) with the WSCC, a King County public facilities district, for the construction of the Washington State Convention Center expansion project in Seattle (the “Project”).
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