General Release of Claims
As per our discussions, your employment with Arotech Corporation ("Arotech") and Epsilor-Electric Fuel, Ltd. ("Epsilor") (collectively, the "Company") will terminate by reason of your resignation effective as of the close of business on December 31, 2016. To ensure that all of the information related to your separation is clear, this letter summarizes some information related to your separation.
General Release of Claims. In exchange for the severance payments described in section 4 to which you are not otherwise entitled, you (for yourself and your heirs, executors, administrators, beneficiaries, personal representatives and assigns) hereby completely, forever, irrevocably and unconditionally release and discharge, to the maximum extent permitted by law, the Company, the Company's past, present and future parent organizations, subsidiaries and other affiliated entities, related companies and divisions and each of their respective past, present and future officers, directors, employees, shareholders, trustees, members, partners, attorneys and agents (in each case, individually and in their official capacities) and each of their respective employee benefit plans (and such plans' fiduciaries, agents, administrators and insurers, individually and in their official capacities), as well as any predecessors, future successors or assigns or estates of any of the foregoing (the "Released Parties") from any and all claims, actions, charges, controversies, causes of action, suits, rights, demands, liabilities, obligations, damages, costs, expenses, attorneys' fees, damages and obligations of any kind or character whatsoever, that you ever had, now have or may in the future claim to have by reason of any act, conduct, omission, transaction, agreement, occurrence or any other matter whatsoever occurring up to and including the date that you sign this Agreement. This general release of claims includes, without limitation, any and all claims: * of discrimination, harassment, retaliation, or wrongful termination; * for breach of contract, whether oral, written, express and implied; breach of covenant of good faith and fair dealing, both express and implied; promissory estoppel; negligent or intentional infliction of emotional distress; fraud; negligent or intentional misrepresentation; negligent or intentional interference with contract or prospective economic advantage; unfair business practices; defamation; libel or slander; negligence; assault; battery; invasion of privacy; personal injury; compensatory or punitive damages, or any other claim for damages or injury of any kind whatsoever; * for violation or alleged violation of any law of Israel or the United States, or any state or municipal statute, rule, regulation or ordinance, including, but not limited to, the Severance Payment Law of 1963, Annual Vacation law of 1951, Protection of Wages law of 1958, Sick Payment Law of 1976, Prior Notice for Dismissal and Resignation Law of 2001, Employment (Equal Opportunities) Law of 1988, the Age Discrimination in Employment Act of 1967, the Older Workers Benefit Protection Act of 1990, Title VII of the Civil Rights Act of 1964, the Civil Rights Acts of 1991, the Americans with Disabilities Act, the Fair Labor Standards Act, the Equal Pay Act, the Lilly Ledbetter Fair Pay Act, the Fair Credit Reporting Act, the Worker Adjustment and Retraining Notification Act, the Family & Medical Leave Act, the Sarbanes-Oxley Act of 2002, the federal False Claims Act, the Michigan Civil Rights Act, the Michigan Persons with Disabilities Civil Rights Act, the Michigan Polygraph Protection Act, the Michigan Whistleblowers' Protection Act, the Michigan Clean Indoor Air Act, the Michigan Military Discrimination Law, the Michigan Occupational Health and Safety Act, the Michigan Juror Protection Law, the Michigan Veterans' Preference Act, the New York State Human Rights Laws, the New York City Human Rights Laws, the New York State wage and hour and wage payment laws, the South Carolina Human Affairs Law, the South Carolina Occupational Health and Safety Law, the South Carolina Juror Protection Law, and the South Carolina Military Leave Law, in each case, as such laws have been or may be amended; * for employee benefits, including, without limitation, any and all claims under the Employee Retirement Income Security Act of 1974 (excluding COBRA), claims for wages, back wages, salary, accrued but unused vacation pay, pension allocations, disability allocations, study funds, recreation pay, accrued but unused sick pay, travel expenses, commissions, incentives, bonus pay, severance pay, notice period and notice period substitution and deferred compensation payments; * to any non-vested ownership interest in the Company, contractual or otherwise, including, but not limited to, claims to stock or stock options; * arising out of or relating to any promise, agreement, offer letter, contract (whether oral, written, express or implied), including without limitation, the 2016 Employment Agreement, understanding, personnel policy or practice, or employee handbook; * relating to or arising from your employment with the Company, the terms and conditions of that employment, and the termination of that employment, including, without limitation any and all claims for discrimination, harassment, retaliation or wrongful discharge under any common law theory, the integrity of the hear
General Release of Claims from Separation Agreement and General Release
Borders Group, Inc., its affiliates, subsidiaries, divisions, successors and assigns and the past, present and future employees, officers, shareholders, directors, agents, attorneys and insurers thereof, both individually and in their official capacities (collectively referred to throughout this Separation Agreement and General Release as Borders Group) and Vincent Altruda (referred to throughout this Separation Agreement and General Release as Altruda and more specifically defined in paragraph 5) agree that:
General Release of Claims. Altruda knowingly and voluntarily releases and forever discharges Borders Group of and from any and all claims, known and unknown, against Borders Group, which Altruda, his heirs, executors, administrators, successors, and assigns (referred to collectively throughout this Agreement as Altruda) have or may have as of the date of execution of this Agreement, including, but not limited to, any alleged violation of: The National Labor Relations Act, as amended; Title VII of the Civil Rights Act of 1964, as amended; The Civil Rights Act of 1991; Sections 1981 through 1988 of Title 42 of the United States Code, as amended; The Employee Retirement Income Security Act of 1974, as amended; The Immigration Reform Control Act, as amended; The Americans with Disabilities Act of 1990, as amended; The Age Discrimination in Employment Act of 1967, as amended; The Occupational Safety and Health Act, as amended; The Fair Credit Reporting Act; The Family and Medical Leave Act of 1933; The Equal Pay Act, as amended; The Worker Adjustment and Retraining Notification Act, as amended; The Michigan Elliot-Larsen Civil Rights Act; The Michigan AIDS Testing and Confidentiality Act; The Michigan Persons with Disabilities Civil Rights Act, as amended; The Michigan Equal Pay Law; The Michigan Comp. Laws Ann. Whistleblowers Protection Act provision (sec. 15-361-15.369); The Michigan Comp. Laws Ann. Workers Compensation: Retaliation provision (sec. 418.301(11) and (12)); Any other federal, state or local civil or human rights law or any other local, state or federal law, regulation or ordinance; Any public policy, contract, tort, or common law; or Any allegation for costs, fees or other expenses including attorneys fees incurred in these matters. Any claims arising from or related to tax obligations to any payment made hereunder, including but not limited to any acceleration of income or social insurance taxes, or increase in income taxes, or interest and penalties imposed with respect to any of his severance benefits (as determined under the guidance issued under Section 409A including, but not limited to, the plan aggregation rules under Section 409A). Without limiting the generality of the foregoing, Altruda hereby releases any and all claims he may have against Borders Group pertaining in any way to his employment with Borders Group or the termination thereof, whether known or unknown at the time of this Agreement, and Altruda assumes the risk that he might subsequently discover claims or causes of action which are presently unknown to him. Accordingly, Altruda voluntarily agrees that this release extends to all claims, whether known to him or unknown, existing at the time of this Agreement. Notwithstanding the foregoing or any other provision of this Agreement, Altruda is not waiving or releasing any benefits to which he may be entitled under the Borders Group Savings Plan or any medical or other welfare benefit plan of Borders Group.