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