Common use of Release of Unknown Claims Clause in Contracts

Release of Unknown Claims. In addition, Xxxxxx expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

Appears in 12 contracts

Samples: Restricted Stock Award Agreement (Leap Wireless International Inc), Non Qualified Stock Option Agreement (Leap Wireless International Inc), Restricted Stock Agreement (Leap Wireless International Inc)

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Release of Unknown Claims. In addition, Xxxxxx Xxxxxxx expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

Appears in 1 contract

Samples: And Performance Cash Award Agreement (Leap Wireless International Inc)

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