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<br />become entitled to, and hereby agree to waive any and all claims to, any <br />compensation, benefit, or any incident of employment by Agency, including but <br />not limited to eligibility to enroll in the California Public Employees Retirement <br />System (PERS) as an employee of Agency and entitlement to any contribution to <br />be paid by Agency for employer contributions and/or employee contributions for <br />PERS benefits. <br /> <br />11.16 Non-Liability of Officials, Employees and Aqents. No member, <br />official, employee or agent of Agency shall be personally liable to Manager or its <br />successors in interest in the event of any default or breach by Agency or for any <br />amount which may become due to Manager or its successors in interest pursuant <br />to this Agreement. <br /> <br />11.17 Time of the Essence. Time is of the essence for each condition, <br />term, obligation and provision of this Agreement. When the time for performance <br />of any obligation under this Agreement is to be measured from another event, <br />such time period shall include the day of the other event. If the day of the time <br />for performance is not a regular business day, then the time for such <br />performance shall be by the regular business day following such day. <br /> <br />11.18 Governinq Law. This Agreement shall be governed by and <br />construed in accordance with the laws of the State of California without regard to <br />principles of conflicts of laws. <br /> <br />776633-4 Final <br />