Grouped Into 2 Collections of Similar Clauses From Business Contracts
This page contains Employee’s Release clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Employee’s Release. 2.1. Employee hereby fully and forever releases and discharges the Company, its parent and subsidiary corporations and each of their predecessors, successors, assigns, stockholders, affiliates, officers, directors, trustees, employees, agents and attorneys, past and present (the Company and each such person or entity is referred to as a "Released Person") from any and all claims, demands, liens, agreements, contracts, covenants, actions, suits, causes of action, obligations, controversies, debts..., costs, expenses, damages, judgments, orders and liabilities, of whatever kind or nature, direct or indirect, in law, equity or otherwise, whether known or unknown, arising through the date of this Release out of Employee's employment by the Company or the termination thereof, including, but not limited to, any claims for relief or causes of action under the Age Discrimination in Employment Act, 29 U.S.C. § 621 et seq., or any other federal, state or local statute, ordinance or regulation regarding discrimination in employment and any claims, demands or actions based upon alleged wrongful or retaliatory discharge or breach of contract under any state or federal law. 2.2. Employee expressly represents that he has not filed a lawsuit or initiated any other administrative proceeding against a Released Person and that he has not assigned any claim against a Released Person. Employee further promises not to initiate a lawsuit or to bring any other claim against the other arising out of or in any way related to Employee's employment by the Company or the termination of that employment. This Release will not prevent Employee from filing a charge with the Equal Employment Opportunity Commission (or similar state agency) or participating in any investigation conducted by the Equal Employment Opportunity Commission (or similar state agency); provided, however, that any claims by Employee for personal relief in connection with such a charge or investigation (such as reinstatement or monetary damages) would be barred. 2.3. The foregoing will not be deemed to release the Company from (a) claims solely to enforce Section 1.3 of the Release, (b) claims for benefits (not including severance benefits), if any, under the Company's employee welfare benefit plans and employee pension benefit plans, subject to the terms and conditions of those plans, or (c) claims for indemnification under the Company's By-Laws or policies of insurance.View More
Employee’s Release. 2.1. Employee hereby fully and forever releases and discharges the Company, its parent parents and subsidiary corporations subsidiaries and each of their respective predecessors, successors, assigns, stockholders, affiliates, officers, directors, trustees, employee benefit plans and their administrators and fiduciaries, employees, agents and attorneys, past and present (the Company and each such person or entity is referred to as a "Released Person") from any and all claims, demands, liens, agre...ements, contracts, covenants, actions, suits, causes of action, obligations, controversies, debts, costs, expenses, damages, judgments, orders and liabilities, of whatever kind or nature, direct or indirect, in law, equity equity, or otherwise, otherwise (collectively, "Claims"), whether known or unknown, arising through the date of this Release out of of, or in any way related to, Employee's employment by the Company or the termination thereof, including, but not limited to, any claims for relief or causes of action under the Age Discrimination in Employment Act, 29 U.S.C. § 621 et seq., or any other federal, state state, or local statute, ordinance ordinance, or regulation regarding discrimination in employment employment, and any claims, demands demands, or actions based upon alleged wrongful or retaliatory discharge or breach of contract under any state or federal law. 2.2. Employee expressly represents that he has not filed a lawsuit or initiated any other administrative proceeding against a Released Person and that he has not assigned any claim Claim against a Released Person. Employee further promises not to initiate a lawsuit or to bring any other claim Claim against the other any Released Person arising out of or in any way related to Employee's employment by the Company or the termination of that employment. This Release will not prevent Employee from filing a charge with the Equal Employment Opportunity Commission (or similar state agency) or participating in any investigation conducted by the Equal Employment Opportunity Commission (or similar state agency); provided, however, that any claims Claims by Employee for personal relief in connection with such a charge or investigation (such as reinstatement or monetary damages) would be barred. 2.3. The foregoing will not be deemed to release the Company from (a) claims solely to enforce the terms of this Release (including claims under Section 1.3 of the Release, 1.2), (b) claims for benefits (not including severance benefits), if any, benefits) under the Company's employee welfare benefit plans and employee pension benefit plans, subject to the terms and conditions of those plans, or (c) claims for defense and indemnification under the Company's By-Laws or policies of insurance. 3 3. Restrictive Covenants. Employee acknowledges that his covenants contained in Section 8 of the Agreement will survive the termination of his employment in accordance with their terms, and for this purpose, such termination of employment will be treated as a resignation without "good reason" (as defined in the Agreement). Employee affirms that those covenants are reasonable and necessary to protect the legitimate interests of the Company, that he received adequate consideration in exchange for agreeing to those restrictions, and that he will abide by those restrictions. Employee expressly and specifically acknowledges that he will fully comply with Section 12 of the Agreement, which requires Employee to promptly return to the Company as of the Effective Time all documents and other property in his possession belonging to the Company. View More
Employee’s Release. In consideration of the promises and agreements set forth herein, Employee does hereby for himself and for his heirs, executors, successors and assigns, release and forever discharge the Company, its parents, subsidiaries, divisions, and affiliated businesses, direct or indirect, if any, together with its and their respective officers, directors, trustees, shareholders, management, representatives, agents, employees, plan administrators, successors, assigns, and attorneys, both known and unknown..., in both their personal and agency capacities (collectively, the "Company Entities") of and from any and all claims, demands, damages, actions or causes of action, suits, claims, complaints, contracts, whether oral or written, express or implied and promises, at law or in equity, of whatsoever kind or nature, including but not limited to any alleged violation of any state or federal anti-discrimination statutes or regulations, including, but not limited to, Title VII of The Civil Rights Act of 1964 as amended, ERISA, the Americans With Disabilities Act, the Age Discrimination in Employment Act, the Older Workers Benefit Protection Act ("OWBPA"), breach of any express or implied contract or promise, wrongful discharge, violation of public policy, tort claims, all demands for attorney's fees, back pay, holiday pay, vacation pay, bonus, group insurance, any claims for reinstatement, all employee benefits and claims for money, out of pocket expenses, any claims for emotional distress, degradation, and humiliation, that Employee might now have or may subsequently have, whether known or unknown, suspected or unsuspected, by reason of any matter or thing, arising out of or in any way connected with, directly or indirectly, any acts or omissions of the Company Entities which have occurred prior to and including the date of Employee's execution of this Agreement, except those matters specifically set forth herein and except for any pension or 401(K) benefits which may have vested on Employee's behalf, if any, and any rights to unemployment benefits which Employee may have. This release does not apply to Employee's rights and entitlements in regard to the Option Agreement referenced in Paragraph 4 hereof, any 401(k) Plan or to his rights and entitlements under this Agreement. Moreover, Employee may file a charge with, testify, assist, or participate in an investigation, hearing or proceeding conducted by the Equal Employment Opportunity Commission or state civil rights agency as to the employment laws enforced by such agencies; provided, however, that Employee understands and agrees that he is waiving and releasing his rights to monetary damages under such laws by reason of her agreement to the general release language stated above.View More
Employee’s Release. In consideration of the promises and agreements set forth herein, in the Separation Agreement between Employee and the Company to which this General Release of Claims (the "General Release") is attached as Exhibit A, Employee does hereby for himself and for his heirs, executors, successors and assigns, release and forever discharge the Company, its parents, subsidiaries, divisions, and affiliated businesses, direct or indirect, if any, together with its and their respective officers, managers, d...irectors, trustees, members, shareholders, management, representatives, agents, employees, plan administrators, successors, assigns, and attorneys, both known and unknown, in both their personal and agency capacities (collectively, the "Company "the Company Entities") of and from any and all claims, demands, damages, actions or causes of action, suits, claims, charges, complaints, contracts, whether oral or written, express or implied and promises, at law or in equity, of whatsoever kind or nature, including but not limited to any alleged violation of any state or federal anti-discrimination statutes or regulations, including, including but not limited to, to Title VII of The Civil Rights Act of 1964 as amended, ERISA, the Americans With Disabilities Act, the Age Discrimination in Employment Act, the Older Workers Benefit Protection Act ("OWBPA"), Act, breach of any express or implied contract or promise, wrongful discharge, violation of public policy, tort claims, or tort, all demands for attorney's fees, back pay, holiday pay, vacation pay, bonus, group insurance, any claims for reinstatement, all employee benefits and claims for money, out of pocket expenses, or any claims for emotional distress, degradation, and or humiliation, that Employee might now have or may subsequently have, whether known or unknown, suspected or unsuspected, by reason of any matter or thing, arising out of or in any way connected with, directly or indirectly, any acts or omissions of the Company Entities or any of its managers, directors, officers, members, shareholders, employees and/or agents arising out of Employee's employment and resignation from employment which have occurred prior to and including the date of Employee's execution Effective Date of this Agreement, except those matters specifically set forth herein and except for any pension or 401(K) benefits which may have vested on Employee's behalf, if any, and any rights to unemployment benefits which Employee may have. General Release. This release does not apply to Employee's rights and entitlements in regard to the Option Agreement referenced in Paragraph 4 hereof, any 401(k) Plan pension or retirement benefits which may have vested on Employee's behalf, if any, or to his rights and entitlements under this Agreement. General Release. Moreover, Employee may file a charge with, testify, assist, or participate in an investigation, hearing or proceeding conducted by the Equal Employment Opportunity Commission or state civil rights fair employment practices agency as to the employment laws enforced by such agencies; provided, however, that Employee understands and agrees that he is waiving and releasing his rights to monetary damages under such laws by reason of her his agreement to the general release language stated above. View More
