Remised Claims Clause Samples

Remised Claims. The Parties hereto acknowledge that HK and ▇▇. ▇▇▇ obtained a common stock interest in H-USA at or after the time of its formation which interest has subsequently been relinquished and that Shen and ▇▇▇▇▇ obtained option rights to purchase equity interests in HK. All parties hereto further acknowledge and confirm that all such rights have been and hereby are remised and relinquished and neither HK nor ▇▇. ▇▇▇ have or claim any interest in H-USA and neither Shen nor ▇▇▇▇▇ have or claim any interest in HK.