EXECUTION COPY
ND MUTUAL RELEASE
‘This SETTLEMENT AGREEMENT AND MUTUAL RELEASE (the “Agreement” or
“SenlemenAareemen”) i entered by and between Camping Word Holdings, tne and its
wean Realty Income Corporation (“Realty Income” and, together with Camping World, the
“Company Defendans", andthe City of Suatesville, North Carolina (the “Ciy"), Cemping World,
Realty Income, andthe City are sometimes refered to each as a “Paty” or collectively as the
“Parties.” ‘This Agreement will be treated as having been executed a5 ofthe lst date of the
signtures set forth below the “Exceution Date”
Recitals
WHEREAS, Camping World owns and operates an RV dealership within the City of
Statesville (the “Dealership;
WHEREAS, on May 7, 2019, the City filed a lawsuit styled The Ciy of Statesville, North
Carolina, A Municipal Corporation x3, Holiday Kanper Co, of Columbia, LLC d/b/a Gander RV
‘and Camping World; and Realty Income Corporation, file numbet 19 CVD 1222 (the “Lawsuit”),
against Camping Worid and Realty Income inthe General Court of Justice, District Court Division,
lnedell County, alleging that a 40x80" United States lag erected on the Dealership's premises
violates Section 6.07 of the City's Unified Development Code;
WHEREAS, on June 4, 2019, Camping World filed an Answer denying that any legally
cognizable violation occurred;
WITEREAS, on June 10, 2019, Realty Income moved to dismiss the Lawsuit against it for
lack of personal jurisdiction;
WHEREAS, the Company Defendants andthe City have negotiated in good faith and wish
to settle their respective elsims in connection withthe Lawsuit
Agceement
NOW, THEREFORE, in consideration of the mutual promises and covenants herein
contained, the sufficiency and adequacy of which is expressly acknowledged by all Parties, the
Parties hereto agree as follows:
1. Incorporation tals. The foregoing recitals are incorporated in this
Sertloment Agreement.
2. Effectiveness of this Agreement. Following the full execution ofthis Agreement
by all Pacis, the City shal file with the Statesville City Council the proposed amendment attached
hereto as Exhibit A (ihe Amendment”). The obligations of the Parties in the remaining sections
of this Agreement, and the releases contained herein, shall become effective and operative on the
{te on which the Amendment is enacted by the Statesville City Council (hereinafter, the “Effective
Date’).
3. Financial Obligations. Within tity (30) days following the Effective Date of
this Agreement, Camping World shall make a payment of immediately available funds to, at
Camping World's option, (a) a loeal veteran's group or (b) the City, in the amount of Fourteen‘Thousand Three Hundred Fifty Dollars ($14,350.00). Within thity GO) days following the
Erfective Date ofthis Agreement, Camping World shall reimburse the cost and legal fees incurred
by the City in this ation, up to an amount not exceeding Two Thousand Dollars ($2,000.00).
4, Release by the City. For good and valuable consideration, the City, on behelf of
itselfand anyone ele who could assert lsims through it, releases and discharges 1) the Company
Defendanis and (2) each and every one of the Company Defendants’ pat or present parent,
subsidiaries, afilises, operating groups, divisions, elated corporations, committees, predecessor,
successors, assigns, directors, officers, employees, agents, representatives, atlomey, insurer,
indernitors, hits, legatees, beneficiaries, and executors (he “Released Paris”) Fm any ad al
claims, ations, ight, causes of action, obligations and lables of any kind ornate, arising out
Of oad tothe Las, including the underlying claims a fssue in the Lawsuit, whether at law
on equity, whether kaown or unknawa, which the City may now have or hereafier have or claim
to have for, upon, or by reason of any mates, event, eause or thing prior tothe date of this
‘Agreement The City father agres to ret its ttomeysto fle anotice of dismissal with prejudice
as oll claims against the Company Defendants in the Lawsti
5. Release by the Company Defendants. For good and valuable consideration, the
Company Defendants, on behalf of themselves and anyone else who could assert claims through
them, releases and discharges the City from any and all claims, actions, rights, causes of action,
obligations and liabilities of any kind or nature, arising out of or related tothe Lawsuit, including,
the underlying claims at issue in the Lawsuit, whether at law or in equity, whether known or
unknown, which the Company Defendants may now have or hereafter have or claim to have for,
‘upon, of by reason of any matler, event, eause or thing prior o the date ofthis Agreement,
6, No Release of Claims Under this Agreement. The Parties acknowledge and
‘agree thatthe releases provided in this Agreement shall not release any claims brought related to
the performance or interpretation ofthis Agreement, or tht otherwise arise under this Agreement.
7. No Admission. Notwithstanding anything contained herein, this Settlement
‘Agreement and compliance with this Settlement Agreement shall not be construed as an admission
by any Party of any lability whatsoever, any merit in the claims asserted in the action, or any
violation of the rights of any Party or violation of any order, law, statute, duty, or contract
‘whatsoever,
8. Successors and Assigns. This Agreement shal be binding upon the Parties hereto
and upon theit heirs, administrators, representatives, executors, divisions, parents, subsidiaries,
parents" subsidiaries, affiliates, partners, limited partners, successors, and assigns, and shall inure
to the benefit of said Parties and each of them and to their heirs, administrators, representatives,
executors, divisions, parents, subsidiaries, parents’ subsidiaries, affiliates, partners, limited
partners, successors, and assigns.
9. Entire Agreement _an jeation, The Parties hereto represent and
‘acknowledge that in exeeuting this Setlement Agreement they do not rely and have not relied upon
‘any representation or statement made by any of the Parties or by any of the Parties’ agents, advisor,
‘attorneys, or representatives with regard othe subject matter or effect of this Settlement Agreement
‘or otherwise, other than those specifically stated in this Setlement Agreement. This Settlement
‘Agreement sets forth the entire agreement between the Parties hereto and fully supersedes any and
all prior agreements and understandings, written or oral, between the Parties hereto pertaining to
the subject matter hereof. This Setflamemt Agreement may only be amended or modified by a
writing signed by the Parties hereto, Any waiver of any provision of this Agreement shall notconstitute @ waiver of eny other provision of this Agreement unless expressly so indicated
otherwise
10. Mutual Representations and Warranties, Each Party hereby represents and
warrants that as ofthe dete hereof:
, __NoParty has assigned, transferred, conveyed, or otherwise disposed of any
ms against the other Party, or any director indirect interest in any such claim, in whole
part;
ch
b. This Agreement has been duly and validly executed and delivered by such
Party andthe individual signing below is authorized to sign on behalfof the Party on whose
behalf he or she is signing.
11. Severability, The terms of this Agreement are severable so that iF any term or
provision is invalid or unenforceable, that term will be modified tothe extent necessary to make it
valid or enforceable, or deleted if incapable of being so modified, and the rest of this Agreement
will remain in full force and effect.
12. Governing Law. This Agreement shall be governed by the laws of the State of
‘North Carolina without regard to the conficts-of-Iaws principles of any jurisdiction,
13. Interpretation. Because counsel for both the Company Defendants and the City
have participated in the negotiation of tis Agreement, the Parties agree that the Agreement shall
not be subject fo any interpretative rules favoring or disfavoring any Party
14, Counterparts. This Agreement may be executed in counterparts, each of which
when so executed and delivered shall be deemed an original, but all of which together shall
constitute one and the same document. True and correct facsimile and/or emailed copies of signed
counterparts may be used in place of the originals for any purpose.
[Signature page follows}IN WITNESS WHEREO, the Parties have executed this Agreement as of the
Execution Date.
CAMPING WORLD HOLDINGS, INC,
HOLIDAY KAMPER COMPANY OF
‘COLUMBIA, LLC
REALTY INCOME CORPORATION
» Bo A Ze a
ae Eanpbell
Title: Vice President, Sr. Legal Counsel
pae_/2/2//4
fee STATESVILLE
mee, “Constantine
‘Mie Mayor the Cy of Suivi
vu fY/I-
{Sie Pgs Seamer Apres (Cain Wo lds, ne Rey nore Corton, nh iy of SeveEXHIBIT A
APPLICATION FOR TEXT AMENDMENT
City of Statesville
Post Office Box 1111
Statesville, North Carolina 28687
(704) 878-3539
FAX (704) 878-3464
Applicant's Name: City of Statesville __—_Application No. TA
No, of Attachments pe Received By:
Application Complete: Fee
Date:
State Purpose of Text Amendment:
‘To allow for the flying of a larger American flag by Increasing the maximum flag size for the B-#
and B-5 Distits
Cite Section(s) of the Unified Development Code Proposed to be Amended:
Uniform Development Code Section 6.07 Sign Regulation, , Exempt Signs, 3. Flags
Proposed Language (Attachments need fo be in digital format (word):
3. Flags
Flags 2s defined above shall not be included in the total allowable signage ofa lt along
th schools and the CB, CBP and Municipal Service Districts.
Schools are permitted to erect fags that represent “welcome, school name, mascot or
similar subject matter” Each school lag cannot exceed four (4 feet by six (6) feet in area, The
total number of flags permitted isas follows:
O-Saems 2
SWacres 4
10-20acres 6
Wtacres 8
Businesses in the CB, CBP and Municipal Service Districts are permited to erect flags
that represent “open, welcome, sale, or decorative without advertisement.” Such flag cannot
exceed three (3) fee! by five (5) feet and is limited to one (1) per business. There must be at least
seven (7) feet of clearance from the bottom of the flag and it eannot project more than six (6 feet
from the building. ITan “open” flag is erected then no other open sign i permitted,
Advertsing events or products on such flags is prohibited. Except in the B-4 or B-S
Distrits, heights of flagpoles are limited to forty (40) feet and the maximum size of any flag
ceannat exceed eight (8) feet by twelve (12) feet. IFlocated inthe B-4 or B-5 District and on &
property with one hundred 100) feet oF mare of frontage on an Interstate Highway right-of-way,
heights of flagpoles can be a maximum of one hundred thirty (130) feet and the maximum size of
te flag cannot exceed twenty-fve-{25}feet-by- fort (40) foot forty (40) feet by eighty (BO) fectand only one (I) per site is permitted. Flagpole plans must have an engineers seal for stress load
and wind shear.
Applicant/Agent:
(Print Name) (Gignature)
Address: _
‘Telephone: Email
“Backup documentation may also be submitted as part ofthe application.
POR OFFICIAL USE ONLY)
Planning Board reviewed application on _
City Council reviewed application on __