Common use of Settlement and Release Clause in Contracts

Settlement and Release. In exchange for the issuance by EnterConnect of ______________ (___) shares of EnterConnect’s common stock, par value $0.001 per share (the “Shares”), which EnterConnect represents and warrants shall be included on its Registration Statement of Form SB-2 or such other form as is appropriate, , Employee hereby fully, forever, irrevocably and unconditionally releases, remises and discharges EnterConnect and its subsidiaries and affiliates and each of their current or former officers, directors, stockholders, attorneys, agents, or employees (collectively, the "EnterConnect Released Parties") from any and all claims, charges, complaints, demands, actions, causes of action, suits, rights, debts, sums of money, costs, accounts, reckonings, covenants, contracts, agreements, promises, doings, omissions, damages, executions, obligations, liabilities and expenses (including attorneys' fees and costs), of every kind and nature, known or unknown, which he ever had or now has against the EnterConnect Released Parties including, but not limited to, all claims arising out of Employee's employment with or separation from EnterConnect, the Employment Agreement, all claims and damages relating to race, sex, national origin, handicap, religious, sexual orientation, benefits and age discrimination, all employment discrimination claims under Title VII of the Civil Rights Act of 1964, 42 U.S.C. Section 2000 et. seq., the Age Discrimination in Employment Act, 29 U.S.C. Section 621 et. seq., the Employee Retirement Income Security Act of 1974, 29 U.S.C. Section 1001, et. seq., and the Americans with Disabilities Act, 42 U.S.C. Section 12101 et. seq., and similar state or local statutes, all wrongful discharge claims, all common law claims including, but not limited to, actions in tort, defamation, breach of contract and any claims under any other federal, state or local statutes or ordinances not expressly referenced above. Notwithstanding the foregoing, in no event shall Employee be deemed by this Paragraph 1 to have released any rights to indemnification or contribution as provided by law or to any protection provided to Employee under EnterConnect's directors' and officers' liability insurance policies.

Settlement and Release. In exchange for the issuance consideration paid to T▇▇▇▇▇ ▇▇▇▇▇▇▇▇ pursuant to that certain Separation Agreement entered into as of October 4, 2007 by EnterConnect of ______________ (___) shares of EnterConnect’s common stockand between American Mold Guard, par value $0.001 per share Inc., a California corporation (the “Shares”"Company") and T▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ("Employee"), which EnterConnect represents and warrants shall be included on its Registration Statement of Form SB-2 or such other form as is appropriate, , Employee hereby fully, forever, irrevocably and unconditionally releases, remises releases and discharges EnterConnect the Company, its past and its subsidiaries and affiliates and each of their current or former present subsidiaries, divisions, officers, directors, stockholders, attorneys, agents, or employees employees, successors, and assigns (separately and collectively, the "EnterConnect Released Partiesreleasees") jointly and individually, from any and all claims, chargesknown or unknown, complaintswhich he, his heirs, successors or assigns have or may have against releasees and any and all liability which releasees may have to his whether denominated claims, demands, actions, causes of action, suits, rights, debts, sums of money, costs, accounts, reckonings, covenants, contracts, agreements, promises, doings, omissionsobligations, damages, executionsor liabilities arising from any and all bases, obligationshowever denominated, liabilities and expenses (including attorneys' fees and costs), of every kind and nature, known or unknown, which he ever had or now has against the EnterConnect Released Parties including, but not limited to, all any claims arising out of Employee's employment with or separation from EnterConnectdiscrimination under the Age Discrimination in Employment Act ("ADEA"), the Employment AgreementOlder Workers Benefit Protection Act, all claims and damages relating to racethe Rehabilitation Act, sexthe Family Medical Leave Act, national originthe Americans with Disabilities Act, handicap, religious, sexual orientation, benefits and age discrimination, all employment discrimination claims under Title VII of the Civil Rights Act of 1964, 42 U.S.C. Section 2000 et. seq., the Age Discrimination in Employment Act, 29 U.S.C. Section 621 et. seq., the Employee Retirement Income Security Civil Rights Act of 19741991 or any federal or state civil rights act, 29 U.S.C. Section 1001, et. seq., and the Americans with Disabilities Act, 42 U.S.C. Section 12101 et. seq., and similar state or local statutes, all claims for wrongful discharge claims, all common law claims including, but not limited to, actions in tort, defamationdischarge, breach of contract and any claims contract, or for damages under any other federal, state or local statutes law, rule or ordinances regulation, or common law under any theory, as well as any claim for attorney's fees, costs or expenses under any of these or any other applicable statute, ordinance, regulation or law; provided, however, that this release does not expressly referenced aboveaffect (1) any claims for indemnification for acts of Employee which have occurred or may occur as an officer or employee of the Company; or (2) any claims which may arise after the execution of this Release. Notwithstanding This Release specifically excepts any claim Employee may wish to make for unemployment compensation, and the foregoingCompany agrees not to contest any claim made by Employee for unemployment compensation. This release is for any relief, no matter how denominated, including, but not limited to, back pay, front pay, compensatory damages, punitive damages, or damages for pain and suffering. Employee further agrees that he will not file or permit to be filed on his behalf any such claim, will not permit himself to be a member of any class seeking relief against the releasees and will not counsel or assist in no event shall Employee be deemed by this Paragraph 1 the prosecution of claims against the releasees, whether those claims are on behalf of himself or others, unless he is under a court order to have released any rights to indemnification or contribution as provided by law or to any protection provided to Employee under EnterConnect's directors' and officers' liability insurance policiesdo so.