Common use of Acknowledgement; Release Clause in Contracts

Acknowledgement; Release. By signing below, you acknowledge and agree that: (a) you understand that the Tangible Book Value and Target Value assigned to your Award will be determined in accordance with procedures adopted by the Board and may not be the same as the fair market value of the Company’s stock; (b) you are not relying upon any written or oral statement or representation of the Company or any of its employees, directors, officers, attorneys or agents (the “Company Parties”) regarding the tax effects associated with your execution of this Agreement and your receipt, and ultimate distribution, of the Award; and (c) in deciding to enter into this Agreement, you are relying on your own judgment and the judgment of the professionals of your choice with whom you have consulted. You hereby release, acquit, and forever discharge the Company Parties from all actions, causes of actions, suits, debts, obligations, liabilities, claims, damages, losses, costs and expenses of any nature whatsoever, known or unknown, on account of, arising out of, or in any way related to the tax effects associated with your execution of this Agreement and your receipt, and ultimate settlement, of your Award.