Common use of Shareholders’ Release Clause in Contracts

Shareholders’ Release. The Shareholders, on behalf of the Shareholders and the Shareholder’s beneficiaries, hereby irrevocably waives, releases, and forever discharges AMTO and all related companies, entities, predecessors and successors and their past and present affiliates, partners, employees, officers, directors, stockholders, attorneys, agents, insurers, and representatives (collectively, the “Company Released Parties”) from any and all known and unknown claims, causes of action, suits, demands, promises, liabilities, obligations or similar rights of any type or of any kind or nature whatsoever (including in respect of any rights of contribution or indemnification), in each case whether absolute or contingent, liquidated or unliquidated, known or unknown, and whether arising under any agreement or understanding or otherwise at law or in equity, that the Shareholder may now have, will ever have or has now alleged to have or will ever allege to have (“Shareholder Claims”) against the Company Released Parties arising out of or related to either Shareholder’s ownership of Shares of the AMTO (the “Released Claims”) and hereby agrees to refrain from directly or indirectly asserting any claim or demand or commencing any proceeding before any governmental entity or other tribunal against any Company Released Party based on any Released Claims.