Claims Involving Company\MoneyGram from Separation Agreement and Release of All Claims
This Confidential Separation Agreement and Release of All Claims (Agreement) is entered into this 7th day of April, 2008, by and between William J. Putney (Mr. Putney), on the one hand, and MoneyGram Payment Systems, Inc. (MoneyGram) and Long Lake Partners, LLC (LLP), including all of their respective parent organizations, holding companies, predecessors, insurers, contractors, divisions, affiliates, related companies and joint ventures, business units, subsidiaries, and successors, its current or former officers, directors, employees, contractors, agents, heirs, legal counsel, suppliers, assigns, personal representatives, agents and partners (collectively referred to as Company).
Claims Involving Company\MoneyGram. Mr. Putney warrants that he has not instituted, filed or caused others to file or institute any charge, complaint or action against the Company and\or MoneyGram. Mr. Putney warrants that, to the full extent permitted by law, he will not file or institute any charge, complaint or action against the Company with respect to any matters arising before or on the date Mr. Putney signs this Agreement. Mr. Putney will not recommend or suggest to any potential claimants or employees of Company or their attorneys or agents that they initiate claims or lawsuits against the Company, nor will Mr. Putney voluntarily aid, assist, or cooperate with any claimants or employees of Company, or their attorneys or agents, in any claims or lawsuits now pending or commenced in the future against the Company; provided, however, that nothing in this paragraph will be construed to prevent Mr. Putney from giving truthful testimony in response to direct questions asked pursuant to a lawful subpoena during any future legal proceedings involving the Company and\or MoneyGram. Further, this Agreement does not purport to limit any right Mr. Putney may have to file a charge under the Age Discrimination in Employment Act of 1967 or other civil rights statute or to participate in an investigation or proceeding conducted by the EEOC or other investigative agency. This Agreement does, however, waive and release any right to recover damages or other relief under the ADEA or other civil rights statute.