Common use of No Implied Admission Clause in Contracts

No Implied Admission. It is understood and agreed that this Agreement does not constitute any admission by the Company that any action taken with respect to the Executive was unlawful or wrongful, or that such action constituted a breach of contract or violated any federal or state law, policy, rule or regulation.

Appears in 7 contracts

Samples: Executive Separation Agreement (Axcelis Technologies Inc), Executive Separation Agreement (Axcelis Technologies Inc), Executive Retirement Agreement (Axcelis Technologies Inc)

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No Implied Admission. It is understood and agreed that this Agreement does not constitute any admission by the Company that any action taken with respect to the Executive was unlawful or wrongful, or that such action constituted a breach of contract or violated any federal or state law, policy, rule or regulation. Compliance with Federal Older Workers Benefit Protection Act of 1990.

Appears in 1 contract

Samples: Executive Officer Agreement (Axcelis Technologies Inc)

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