Common use of Release by Employee Clause in Contracts

Release by Employee. EMPLOYEE hereby releases and discharges the Company, the Board, their predecessors, successors, affiliates, subsidiaries and each of their respective owners, partners, officers, directors, members, employees, agents, attorneys, successors, administrators and insurers (collectively the “Company Parties”), from any and all claims, demands, liabilities and causes of action, whether statutory or common law, including, but not limited to, any claim for salary, benefits, payments, expenses, costs, damages, penalties, compensation, remuneration, contractual entitlements; and all claims or causes of action relating to any matter occurring on or prior to the date that EMPLOYEE executed this Agreement, including without limitation any claim arising out of, or relating to: (i) the Age Discrimination in Employment Act of 1967, as amended; (ii) Title VII of the Civil Rights Act of 1964, as amended; (iii) the Civil Rights Act of 1991; (iv) Sections 1981 through 1988 of Title 42 of the United States Code, as amended; (v) the Employee Retirement Income Security Act of 1974, as amended; (vi) the Immigration Reform Control Act, as amended; (vii) the Americans with Disabilities Act of 1990, as amended; (viii) the National Labor Relations Act, as amended; (ix) the Occupational Safety and Health Act, as amended; (x) the Family and Medical Leave Act of 1993, as amended; (xi) any state or federal anti-discrimination law; (xii) any other local, state or federal law, regulation or ordinance; (xiii) any public policy, contract, tort, or common law claim; (xiv) any allegation for costs, fees, or other expenses including attorneys’ fees incurred in the matters referenced herein; and (xv) any and all claims EMPLOYEE may have arising as the result of any alleged breach of any contract, incentive compensation plan or agreement, restricted unit agreement, or stock option plan or agreement with any Company Party including, without limitation the Employment Agreement (collectively, the “Released Claims”). This Agreement is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, EMPLOYEE is simply agreeing that, in exchange for the consideration recited in Section 1 of this Agreement, any and all potential claims of this nature that EMPLOYEE may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived.

Appears in 1 contract

Samples: Separation Agreement and General Release of Claims (CAMAC Energy Inc.)

AutoNDA by SimpleDocs

Release by Employee. EMPLOYEE Employee hereby releases and discharges the Company, the Boardits affiliates and its subsidiaries and Board of Directors, and their respective predecessors, successors, affiliates, subsidiaries and each of their respective owners, partners, officers, directors, members, employees, agents, attorneys, successorsbenefit plans, administrators and insurers (collectively the “Company Parties”), from any and all claims, demands, liabilities and causes of action, whether statutory or common law, including, but not limited to, any claim for salary, benefits, payments, expenses, costs, damages, penalties, compensation, remuneration, contractual entitlements; and all claims or causes of action relating to any matter occurring on or prior to the date that EMPLOYEE executed Employee executes this Agreement, including without limitation any claim arising out of, or relating to: (i) the Age Discrimination in Employment Act of 1967, as amended; (ii) Title VII of the Civil Rights Act of 1964, as amended; (iii) the Civil Rights Act of 1991; (iv) Sections 1981 through 1988 of Title 42 of the United States Code, as amended; (v) the Employee Retirement Income Security Act of 1974, as amended; (vi) the Immigration Reform Control Act, as amended; (vii) the Americans with Disabilities Act of 1990, as amended; (viii) the National Labor Relations Act, as amended; (ix) the Occupational Safety and Health Act, as amended; (x) the Family and Medical Leave Act of 1993, as amended; (xi) any state or federal anti-discrimination and/or anti-retaliation law; (xii) any other local, state or federal law, regulation or ordinance; (xiii) any public policy, contract, tort, or common law claim; (xiv) any allegation for costs, fees, or other expenses including attorneys’ fees incurred in the matters referenced herein; and (xv) any and all claims EMPLOYEE Employee may have arising as the result of any alleged breach of any contract, incentive compensation plan or agreement, restricted unit agreement, or stock option plan or agreement with any Company Party including, without limitation the Employment Agreement (collectively, the “Released Claims”). This Agreement is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, EMPLOYEE Employee is simply agreeing that, in exchange for the consideration recited in Section 1 Sections 2A through 2E of this Agreement, any and all potential claims of this nature that EMPLOYEE Employee may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. Notwithstanding this release of liability, nothing in this Agreement prevents Employee from filing any non-legally waivable claim (including a challenge to the validity of this Agreement) with the Equal Employment Opportunity Commission (“EEOC”) or comparable state or local agency or participating in any investigation or proceeding conducted by the EEOC or comparable state or local agency; however, Employee understands and agrees that he is waiving any and all rights to recover any monetary or personal relief or recovery as a result of such EEOC or comparable state or local agency proceeding or subsequent legal actions.

Appears in 1 contract

Samples: Separation Agreement and General Release of Claims (Erin Energy Corp.)

Release by Employee. EMPLOYEE Employee hereby releases and discharges the Company, the Boardits affiliates and its subsidiaries and Board of Directors, and their respective predecessors, successors, affiliates, subsidiaries and each of their respective owners, partners, officers, directors, members, employees, agents, attorneys, successorsbenefit plans, administrators and insurers (collectively the “Company Parties”), from any and all claims, demands, liabilities and causes of action, whether statutory or common law, including, but not limited to, any claim for salary, benefits, payments, expenses, costs, damages, penalties, compensation, remuneration, contractual entitlements; and all claims or causes of action relating to any matter occurring on or prior to the date that EMPLOYEE executed Employee executes this Agreement, including without limitation any claim arising out of, or relating to: (i) the Age Discrimination in Employment Act of 1967, as amended; (ii) Title VII of the Civil Rights Act of 1964, as amended; (iiiii) the Civil Rights Act of 1991; (iviii) Sections 1981 through 1988 of Title 42 of the United States Code, as amended; (viv) the Employee Retirement Income Security Act of 1974, as amended; (viv) the Immigration Reform Control Act, as amended; (viivi) the Americans with Disabilities Act of 1990, as amended; (viiivii) the National Labor Relations Act, as amended; (ixviii) the Occupational Safety and Health Act, as amended; (xix) the Family and Medical Leave Act of 1993, as amended; (xix) any state or federal anti-discrimination and/or anti-retaliation law; (xiixi) any other local, state or federal law, regulation or ordinance; (xiiixii) any public policy, contract, tort, or common law claim; (xivxiii) any allegation for costs, fees, or other expenses including attorneys’ fees incurred in the matters referenced herein; and (xvxiv) any and all claims EMPLOYEE Employee may have arising as the result of any alleged breach of any contract, incentive compensation plan or agreement, restricted unit agreement, or stock option plan or agreement with any Company Party including, without limitation the Employment Agreement (collectively, the “Released Claims”). This Agreement is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, EMPLOYEE Employee is simply agreeing that, in exchange for the consideration recited in Section 1 Sections 2A, 2B and 2C of this Agreement, any and all potential claims of this nature that EMPLOYEE Employee may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. Notwithstanding this release of liability, nothing in this Agreement prevents Employee from filing any non-legally waivable claim (including a challenge to the validity of this Agreement) with the Equal Employment Opportunity Commission (“EEOC”) or comparable state or local agency or participating in any investigation or proceeding conducted by the EEOC or comparable state or local agency; however, Employee understands and agrees that he is waiving any and all rights to recover any monetary or personal relief or recovery as a result of such EEOC or comparable state or local agency proceeding or subsequent legal actions.

Appears in 1 contract

Samples: Separation Agreement and General Release of Claims (CAMAC Energy Inc.)

Release by Employee. EMPLOYEE hereby releases As consideration for the payments to be made by the Company to Employee pursuant to paragraph 2 hereof, Employee agrees for Employee and discharges for Employee's heirs, executors, administrators and assigns, to release and forever discharge the CompanyCompany and all of its parent and subsidiary corporations, the Board, their predecessors, successors, affiliates, subsidiaries and together with each of their respective owners, partnersagents, officers, directors, members, employees, agents, directors and attorneys, successors, administrators from and insurers (collectively the “Company Parties”), from to waive any and all rights with respect to all manner of claims, demandsactions, liabilities and causes of action, whether statutory or common lawsuits, includingjudgments, but not limited torights, any claim for salarydemands, benefits, payments, expenses, costsdebts, damages, penaltiesor accountings of whatever nature, compensationlegal, remunerationequitable or administrative, contractual entitlements; and all claims whether the same are now known or causes unknown, which Employee ever had, now has or may claim to have, upon or by reason of action relating to the occurrence of any matter occurring on matter, cause or prior thing whatsoever up to the date that EMPLOYEE executed of this Agreement, including without limitation any claim arising out of, or relating tolimitation: (i) any claim whatsoever (whether under federal or state statutory or common law) arising from or relating to Employee's employment or changes in Employee's employment relationship with the Age Discrimination in Employment Act of 1967Company and its subsidiaries, as amendedincluding Employee's separation, termination or resignation therefrom; (ii) all claims and rights for additional compensation or benefits of whatever nature; (iii) any claim for breach of contract, implied or express, impairment of economic opportunity, intentional or negligent infliction of emotional distress, wage or benefit claim, prima facie tort, defamation, libel, slander, negligent termination, wrongful discharge, or any other tort, whether intentional or negligent; (iv) all claims and rights under Title VII of the Civil Rights Act of 1964, as amended; (iii) the Civil Rights Act Acts of 1866, 1871, or 1991; (iv) Sections 1981 through 1988 of Title 42 of , the United States CodeAge Discrimination in Employment Act, as amended; (v) the Employee Retirement Income Security Act of 1974, as amended; (vi) the Immigration Reform Control Act, as amended; (vii) the Americans with With Disabilities Act of 19901993, as amended; (viii) the National Labor Relations Act, as amended; (ix) the Occupational Safety and Health Act, as amended; (x) the Family and Medical Leave Act of 1993Act, all as amended; (xi) any state , or federal anti-discrimination law; (xii) any other localfederal, state state, county or federal law, regulation municipal statute or ordinance; (xiii) ordinance relating to any public policy, contract, tort, condition of employment or common law claim; (xiv) any allegation for costs, fees, or other expenses including attorneys’ fees incurred in the matters referenced hereinemployment discrimination; and (xvv) any and all claims EMPLOYEE may have arising as the result of any alleged breach of any contract, incentive compensation plan or agreement, restricted unit agreement, or stock option plan or agreement with any Company Party including, without limitation the under Employee's Employment Agreement with the Company. Notwithstanding the foregoing, this release shall not (collectively, i) include any claims relating to the “Released Claims”). This Agreement is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, EMPLOYEE is simply agreeing that, in exchange for obligations of the consideration recited in Section 1 of Company under this Agreement, (ii) operate to release Employee's ownership of any common stock of the Company, (iii) affect Employee's vested and all potential claims accrued rights as a participant in any of the Company's benefit plans or (iv) affect Employee's Options referred to in paragraph 2(c) above, it being understood and agreed that the aforesaid items shall not be affected by this nature that EMPLOYEE may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waivedrelease.

Appears in 1 contract

Samples: Agreement (SCBT Financial Corp)

Release by Employee. EMPLOYEE Employee hereby releases and discharges the Company, the Boardits affiliates and its subsidiaries and Board of Directors, and their respective predecessors, successors, affiliates, subsidiaries and each of their respective owners, partners, officers, directors, members, employees, agents, attorneys, successorsbenefit plans, administrators and insurers (collectively the “Company Parties”), from any and all claims, demands, liabilities and causes of action, whether statutory or common law, including, but not limited to, any claim for salary, benefits, payments, expenses, costs, damages, penalties, compensation, remuneration, contractual entitlements; and all claims or causes of action relating to any matter occurring on or prior to the date that EMPLOYEE executed Employee executes this Agreement, including without limitation any claim arising out of, or relating to: (i) the Age Discrimination in Employment Act of 1967, as amended; (ii) Title VII of the Civil Rights Act of 1964, as amended; (iii) the Civil Rights Act of 1991; (iv) Sections 1981 through 1988 of Title 42 of the United States Code, as amended; (v) the Employee Retirement Income Security Act of 1974, as amended; (vi) the Immigration Reform Control Act, as amended; (vii) the Americans with Disabilities Act of 1990, as amended; (viii) the National Labor Relations Act, as amended; (ix) the Occupational Safety and Health Act, as amended; (x) the Family and Medical Leave Act of 1993, as amended; (xi) any state or federal anti-discrimination and/or anti-retaliation law; (xii) any other local, state or federal law, regulation or ordinance; (xiii) any public policy, contract, tort, or common law claim; (xiv) any allegation for costs, fees, or other expenses including attorneys’ fees incurred in the matters referenced herein; and (xv) any and all claims EMPLOYEE Employee may have arising as the result of any alleged breach of any contract, incentive compensation plan or agreement, restricted unit agreement, or stock option plan or agreement with any Company Party including, without limitation the Employment Agreement (collectively, the “Released Claims”). This Agreement is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, EMPLOYEE Employee is simply agreeing that, in exchange for the consideration recited in Section 1 Sections 2A and 2B of this Agreement, any and all potential claims of this nature that EMPLOYEE Employee may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. Notwithstanding this release of liability, nothing in this Agreement prevents Employee from filing any non-legally waivable claim (including a challenge to the validity of this Agreement) with the Equal Employment Opportunity Commission (“EEOC”) or comparable state or local agency or participating in any investigation or proceeding conducted by the EEOC or comparable state or local agency; however, Employee understands and agrees that he is waiving any and all rights to recover any monetary or personal relief or recovery as a result of such EEOC or comparable state or local agency proceeding or subsequent legal actions.

Appears in 1 contract

Samples: Separation Agreement and General Release of Claims (CAMAC Energy Inc.)

AutoNDA by SimpleDocs

Release by Employee. EMPLOYEE In consideration for the promises contained in paragraph 1, you hereby releases release and discharges the Company, the Boardforever discharge quepasa, their predecessorsrespective parents, successorssubsidiaries, affiliatesrelated and affiliated companies, subsidiaries and each of its and their respective ownerspast and present employees, partnersdirectors, officers, directorsagents, shareholders, members, employees, agentsinsurers, attorneys, successorsexecutors, administrators assigns and insurers other representatives of any kind (collectively the “Company referred to in this Agreement as "Released Parties”), ") from any and all claims, demands, rights, liabilities and causes of actionaction of any kind or nature, whether statutory known or common lawunknown, arising prior to or through the date you execute this letter agreement, including, but not limited to, any claims, demands, rights, liabilities and causes of action arising or having arisen out of or in connection with your employment or termination of employment with quepasa. You also release and waive any claim for salaryor right to further compensation, benefits, payments, expenses, costs, damages, penalties, compensationattorneys' fees, remunerationcosts or expenses of any kind from quepasa or any of the other Released Parties. You further agree not to file, contractual entitlements; pursue or participate in any claims, charges, actions or proceedings of any kind in any forum against any of the Released Parties with respect to any manner arising out of or in connection with his/her employment with quepasa or termination of such employment (other than pursuing a claim for Unemployment Compensation benefits to which he/she may be entitled). This release specifically includes, but is not limited to, a release of any and all claims pursuant to state or causes of action relating to any matter occurring on or prior to the date that EMPLOYEE executed this Agreement, including without limitation any claim arising out of, or relating to: (i) the Age Discrimination in Employment Act of 1967, as amendedfederal wage payment laws; (ii) Title VII of the Civil Rights Act of 1964; the Rehabilitation Act of 1973; the Reconstruction Era Civil Rights Acts, as amended42 U.S.C. 1981-1988; (iii) the Civil Rights Act of 1991; (iv) Sections 1981 through 1988 the Americans with Disabilities Act; Executive Order 11246; state or federal family and/or medical leave acts; the Consolidated Omnibus Budget Reconciliation Act of Title 42 of the United States Code, as amended1985; (v) the Employee Retirement Income Security Act of 1974, as amended; (vi) the Immigration Reform Control Act, as amended; (vii) the Americans with Disabilities Act of 1990, as amended; (viii) the National Labor Relations Act, as amended; (ix) the Occupational Safety and Health Act, as amended; (x) the Family and Medical Leave Act of 1993, as amended; (xi) any state or federal anti-discrimination law; (xii) any other localfederal, state or federal lawlocal laws not limited to, regulation or ordinance; (xiii) a release of any public policy, contractclaims for wrongful termination, tort, or common law claim; (xiv) any allegation for costs, fees, or other expenses including attorneys’ fees incurred in the matters referenced herein; and (xv) any and all claims EMPLOYEE may have arising as the result of any alleged breach of any contract, incentive compensation plan defamation, misrepresentation, violation of public policy or agreement, restricted unit agreement, or stock option plan or agreement with any Company Party including, without limitation the Employment Agreement (collectively, the “Released Claims”)invasion of privacy. This Agreement is release covers claims that you know about as well as those he/she may not intended to indicate that any such claims exist or thatknow about, if they do exist, they are meritorious. Rather, EMPLOYEE is simply agreeing that, in exchange for the consideration recited in Section 1 of this Agreement, any and all potential claims of this nature that EMPLOYEE may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised both liquidated and waivedunliquidated claims.

Appears in 1 contract

Samples: Great Western Land & Recreation Inc

Release by Employee. EMPLOYEE Employee hereby releases and discharges the Company, the Boardits affiliates and its subsidiaries and Board of Directors, and their respective predecessors, successors, affiliates, subsidiaries and each of their respective owners, partners, officers, directors, members, employees, agents, attorneys, successorsbenefit plans, administrators and insurers (collectively the “Company Parties”), from any and all claims, demands, liabilities and causes of action, whether statutory or common law, including, but not limited to, any claim for salary, benefits, payments, expenses, costs, damages, penalties, compensation, remuneration, contractual entitlements; and all claims or causes of action relating to any matter occurring on or prior to the date that EMPLOYEE executed Employee executes this Agreement, including without limitation any claim arising out of, or relating to: (i) the Age Discrimination in Employment Act of 1967, as amended; (ii) Title VII of the Civil Rights Act of 1964, as amended; (iii) the Civil Rights Act of 1991; (iv) Sections 1981 through 1988 of Title 42 of the United States Code, as amended; (v) the Employee Retirement Income Security Act of 1974, as amended; (vi) the Immigration Reform Control Act, as amended; (vii) the Americans with Disabilities Act of 1990, as amended; (viii) the National Labor Relations Act, as amended; (ix) the Occupational Safety and Health Act, as amended; (x) the Family and Medical Leave Act of 1993, as amended; (xi) any state or federal anti-discrimination and/or anti-retaliation law; (xii) any other local, state or federal law, regulation or ordinance; (xiii) any public policy, contract, tort, or common law claim; (xiv) any allegation for costs, fees, or other expenses including attorneys’ fees incurred in the matters referenced herein; and (xv) any and all claims EMPLOYEE Employee may have arising as the result of any alleged breach of any contract, incentive compensation plan or agreement, restricted unit agreement, or stock option plan or agreement with any Company Party including, without limitation the Employment Agreement (collectively, the “Released Claims”). This Agreement is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, EMPLOYEE Employee is simply agreeing that, in exchange for the consideration recited in Section 1 Sections 2A through 2D of this Agreement, any and all potential claims of this nature that EMPLOYEE Employee may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. Notwithstanding this release of liability, nothing in this Agreement prevents Employee from filing any non-legally waivable claim (including a challenge to the validity of this Agreement) with the Equal Employment Opportunity Commission (“EEOC”) or comparable state or local agency or participating in any investigation or proceeding conducted by the EEOC or comparable state or local agency; however, Employee understands and agrees that he is waiving any and all rights to recover any monetary or personal relief or recovery as a result of such EEOC or comparable state or local agency proceeding or subsequent legal actions.

Appears in 1 contract

Samples: Separation Agreement and General Release of Claims (Erin Energy Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.