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3.24.3 Nothing in this Agreement shall constitute or be construed as a waiver of the <br /> Proponent's rights, (including any covenant not to sue or release) with respect to any claim, <br /> cause of action, or demand in law or equity that the Proponent may have against any <br /> "person", as defined in Section 101(21) of CERCLA, or Health and Safety Code section <br /> 25319, that is not a signatory to this Agreement. <br /> 3.24.4 By entering into this Agreement, Proponent does not admit to any fact, fault <br /> or liability under any statute or regulation. <br /> 3.25 Compliance with Applicable Laws. Nothing in this Agreement shall relieve the <br /> Proponent from complying with all applicable laws and regulations, and the Proponent shall <br /> conform all actions required by this Agreement with all applicable federal, state and local <br /> laws and regulations. <br /> 3.26 California Law. This Agreement shall be governed, performed and interpreted <br /> under the laws of the State of California. <br /> 3.27 Severability. If any portion of this Agreement is ultimately determined not to <br /> be enforceable, that portion will be severed from the Agreement and the severability shall <br /> not affect the enforceability of the remaining terms of the Agreement. <br /> 3.28 Parties Bound. This Agreement applies to and is binding, jointly and <br /> severally, upon each signatory and its officers, directors, agents, receivers, trustees, heirs, <br /> executors, administrators, successors, and assigns, and upon any successor agency of the <br /> State of California that may have responsibility for and jurisdiction over the subject matter of <br /> this Agreement. No change in the ownership or corporate or business status of any <br /> signatory, or of the facility or Site shall alter any signatory's responsibilities under this <br /> Agreement. <br /> 3.29 Effective Date. The effective date of this Agreement is the date when this <br /> Agreement is fully executed. <br /> 11 <br />