Transcription of TERMINATION, SETTLEMENT AND RELEASE AGREEMENT
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{ }1 TERMINATION, SETTLEMENT AND RELEASE AGREEMENT This Termination, SETTLEMENT and RELEASE AGREEMENT ( AGREEMENT ), dated as of June 14, 2016 ( Effective Date ) is made by and between Western Climate Initiative, Inc. ( WCI, Inc. ) and SRA International, Inc., A CSRA Company ( CSRA ). For purposes of this AGREEMENT , WCI, Inc. and CSRA are sometimes referred to hereinafter individually as a Party and together as the Parties . Any terms not otherwise defined shall have the meaning set forth in the Contract (defined below). RECITALS WHEREAS, WCI, Inc. and CSRA entered into that certain auction and reserve Sale Administrator Services contract, dated October 8, 2015 ( Contract ), for services to provide WCI, Inc. and auction and reserve sale platform; WHEREAS, the Parties now desire to terminate their rights and obligations with respect to the Contract pursuant to the terms of this AGREEMENT . AGREEMENT NOW THEREFORE, in consideration of the agreements contained herein, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged by each Party, the Parties agree as follows: Incorporated.
1 Justification of Competitive Procurement Process Auction and Reserve sale AdministrativeServices October 8, 2015. Introduction. In support of its purpose to “provide administrative and technical services” toits
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