Common use of ADEA Claims Clause in Contracts

ADEA Claims. This section of the Agreement exclusively addresses issues relating to Employee’s release of claims arising under federal law involving discrimination on the basis of age in employment (age forty and above). This section is provided separately, in compliance with federal law, including but not limited to the Older Workers’ Benefit Protection Act of 1990 (“OWBPA”), to ensure that Employee clearly understands his rights so that any release of age discrimination claims under federal law (the ADEA) is knowing and voluntary on the part of Employee.

Appears in 6 contracts

Samples: Separation Agreement and General Release of Claims (Mast Therapeutics, Inc.), Separation Agreement and General Release of Claims (Savara Inc), Separation Agreement and General Release of Claims (Savara Inc)

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ADEA Claims. This section of the Agreement exclusively addresses issues relating to EmployeeExecutive’s release of claims arising under federal law involving discrimination on the basis of age in employment (age forty and above). This section is provided separately, in compliance with federal law, including but not limited to the Older Workers’ Benefit Protection Act of 1990 (“OWBPA”), to ensure that Employee Executive clearly understands his rights so that any release of age discrimination claims under federal law (the ADEA) is knowing and voluntary on the part of EmployeeExecutive.

Appears in 1 contract

Samples: Employment Agreement (Silvergate Capital Corp)

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