Full and Final Settlement and Release Clause Samples
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Full and Final Settlement and Release. 5.1 The rights and obligations set forth in Section 1 are in consideration of the full and final settlement, release, and discharge of any and all past, present and future, actual and potential, rights and claims which PTI and/or Purchaser has or may have against Pixelplus or its former or present shareholders, directors, officers, employees or agents (collectively, the “Indemnitees”) under or in connection with any past or present business relationship among Pixelplus, PTI, and Purchaser, and all of their affiliates and subsidiaries (collectively, the “Claims”). Without limiting the generality of the foregoing, in the case of any claim by PTI, the term “Indemnitees” shall include any former or present directors, officers or employees of PTI who were nominated by Pixelplus or its affiliates.
5.2 Except as specifically provided in Section 1, each Party hereby acknowledges and agrees that it shall have no further right or claim against any Indemnitee under or in connection with the Claims.
5.3 Except with respect to its rights and obligations specifically provided in Section 1, PTI and/or Purchaser shall not file any action, claim or petition against or involving any Indemnitee with any judicial, administrative, legislative or other public agency with respect to any right or claim PTI and/or Purchaser has or may have against any Indemnitee under or in connection with the Claims.
Full and Final Settlement and Release. Know all men by these presents, I, , for and in consideration of the City of Auburn and/or the Auburn Police Department requesting the nol-prossing (dropping) of the charge of against me in the Municipal Court of the City of Auburn, do compromise and settle, and do hereby acquit, release, and forever discharge the City of Auburn, all of its agents, departments, heirs, assigns, servants, and employees, and all persons, firms, or corporations who are or might be liable therefore, from any and all liabilities, claims, demands, damages, expenses, incidental damages, actions, causes of action and grievances of every kind, character and description, including, but not restricted to, personal injury, mental anguish, illness or property damage, now existing, or which may hereafter arise, known or unknown, permanent and otherwise, indirectly or directly arising from, growing out of, or in any way relating to the above-referenced charge. This release includes, but is not limited to, all claims, actions, and causes of actions, arising under all wrongful death statutes and any other statutes. I hereby acknowledge full settlement and satisfaction of all the aforesaid claims and fully understand that I can make no further claim or demand against the aforesaid, even though my damages and injuries are found to be more serious than or different from what I know them to be or to exist at this time. This release is binding upon myself and my heirs, executors, administrators, and assigns. Before executing this release and receiving the consideration hereunder, I have fully informed myself of its contents, and I fully and voluntarily execute it with full knowledge thereof. I am aware that I have a right to consult an attorney prior to signing this Release and by signing below indicate that I either have done so, or am hereby waiving my right to do so. The consideration herein stated is in full for this release. This release contains all of the agreement between the parties, and no other written or oral understandings in connection herewith exist. When this release is executed by more than one party, the singular shall include the plural, and the release shall be both joint and individual.