Common use of Full Discharge Clause in Contracts

Full Discharge. The amounts payable to Executive following termination of the Employment Period pursuant to this Section 5 shall be in full and complete satisfaction of Executive’s rights under this Agreement and any other claims he may have in respect of his employment by the Company or any of its subsidiaries, and Executive acknowledges that such amounts are fair and reasonable, and his sole and exclusive remedy, in lieu of all other remedies at law or in equity, with respect to the termination of his employment hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Sirva Inc), Employment Agreement (Sirva Inc), Employment Agreement (Sirva Inc)

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Full Discharge. The amounts payable to Executive following termination of the Employment Period pursuant to this Section 5 shall be in full and complete satisfaction of Executive’s rights under this Agreement and any other claims he she may have in respect of his her employment by the Company or any of its subsidiaries, and Executive acknowledges that such amounts are fair and reasonable, and his her sole and exclusive remedy, in lieu of all other remedies at law or in equity, with respect to the termination of his her employment hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Sirva Inc), Employment Agreement (Sirva Inc)

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