Common use of No Admission of Fault Clause in Contracts

No Admission of Fault. It is expressly understood and agreed by Employee that the payments and considerations made by Iomega are in full accord and satisfaction and in compromise of disputed claims, and are not admissions of any liability, which admissions are expressly denied, and that there is no understanding or agreement between the parties to the Agreement for any future consideration or payment whatsoever, except as provided by this Agreement.

Appears in 2 contracts

Samples: Separation Agreement and General Release (Iomega Corp), Separation Agreement and General Release (Iomega Corp)

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No Admission of Fault. It is expressly understood and agreed by Employee and Iomega that the payments and considerations made by Iomega each party are in full accord and satisfaction and in compromise of disputed claims, and are not admissions of any liability, which admissions are expressly denied, and that there is no understanding or agreement between the parties to the Agreement for any future consideration or payment whatsoever, except as provided by this Agreement.

Appears in 1 contract

Samples: General Release Agreement (Iomega Corp)

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No Admission of Fault. It is expressly understood and agreed by Employee that the payments and considerations made by Iomega are in full accord and satisfaction and in compromise of disputed claims, and are not admissions of any liability, which admissions are expressly denied, and that there is no understanding or agreement between the parties to the Agreement for any future consideration or payment whatsoever, except as provided by this Agreement.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

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