Employee’s Warranty of No Wrongful Acts Clause Samples

Employee’s Warranty of No Wrongful Acts. As a material inducement to the Company to release its Claims against the Employee, the Employee represents and warrants that she has committed no wrongful acts with respect to the Company, and that no wrongful acts have been committed with respect to the Company at her direction, to her knowledge, or with her assent (either explicit or implicit). For purposes of this subsection, “wrongful acts” include, but are not limited to, violations of any state, federal or local law, regulation, or ordinance, actions that could give rise to civil or criminal liability of the Company or of any Releasee, and conduct that breaches any legal duty owed by the Employee to the Company. The Employee hereby agrees that a breach of the foregoing representations and warranties shall render the Release of Claims by the Company (Section 4(d)) and the Covenant Not to S▇▇ to the extent given by the Company (Section 4(f)) voidable at the election of the Company only with respect to any such alleged wrongful act, and shall enable the Company to pursue any claims against the Employee that it may have only with respect to any such alleged wrongful act.
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Related to Employee’s Warranty of No Wrongful Acts

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