Common use of Release and Discharge Clause in Contracts

Release and Discharge. The undersigned, his successors and assigns do hereby give up any and all of his rights in the 2005 Agreement entered into between the undersigned and the Company on February 28, 2005 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his signature hereunder, that he has read and fully understands this release and that he has the opportunity to consult his own legal counsel before entering into this release. /S/ XXXXXXXX X. XXXXXX /S/ XXXX X. XXXXXXXX Xxxxxxxx X. Xxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO

Appears in 1 contract

Samples: 1998 Stock Option Plan (Novadel Pharma Inc)

AutoNDA by SimpleDocs

Release and Discharge. The undersigned, his her successors and assigns do hereby give up any and all of his her rights in the 2005 2004 Agreement entered into between the undersigned and the Company on February 28May 17, 2005 2004 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his her signature hereunder, that he she has read and fully understands this release and that he she has the opportunity to consult his her own legal counsel before entering into this release. /S/ XXXXXXXX XXXX X. XXXXXX XXXXXXX /S/ XXXX X. XXXXXXXX Xxxxxxxx Xxxx X. XxxxxxXxxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Novadel Pharma Inc)

Release and Discharge. The undersigned, his successors and assigns do hereby give up any and all of his rights in the 2005 Agreement entered into between the undersigned and the Company on February 28, 2005 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his signature hereunder, that he has read and fully understands this release and that he has the opportunity to consult his own legal counsel before entering into this release. /S/ XXXXXXXX XXXXXX X. XXXXXX /S/ XXXX X. XXXXXXXX Xxxxxxxx Xxxxxx X. Xxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO

Appears in 1 contract

Samples: 1998 Stock Option Plan Nonqualified Stock Option Agreement (Novadel Pharma Inc)

Release and Discharge. The undersigned, his her successors and assigns do hereby give up any and all of his her rights in the 2005 2004 Agreement entered into between the undersigned and the Company on February 28, 2005 2004 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his her signature hereunder, that he she has read and fully understands this release and that he she has the opportunity to consult his her own legal counsel before entering into this release. /S/ XXXXXXXX /s/ XXXX X. XXXXXX /S/ XXXXXXX /s/ XXXX X. XXXXXXXX Xxxxxxxx Xxxx X. XxxxxxXxxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO,

Appears in 1 contract

Samples: Disclosure and Release Agreement (Novadel Pharma Inc)

Release and Discharge. The undersigned, his successors and assigns do hereby give up any and all of his rights in the 2005 Agreement entered into between the undersigned and the Company on February 28, 2005 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his signature hereunder, that he has read and fully understands this release and that he has the opportunity to consult his own legal counsel before entering into this release. /S/ XXXXXXX X. XXXXXXXX X. XXXXXX /S/ XXXX X. XXXXXXXX Xxxxxxxx Xxxxxxx X. XxxxxxXxxxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO

Appears in 1 contract

Samples: 1998 Stock Option Plan Nonqualified Stock Option Agreement (Novadel Pharma Inc)

AutoNDA by SimpleDocs

Release and Discharge. The undersigned, his successors and assigns do hereby give up any and all of his rights in the 2005 Agreement entered into between the undersigned and the Company on February 28, 2005 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his signature hereunder, that he has read and fully understands this release and that he has the opportunity to consult his own legal counsel before entering into this release. /S/ XXXX XXXXXXXX X. XXXXXX /S/ XXXX X. XXXXXXXX Xxxxxxxx X. XxxxxxXxxx Xxxxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO

Appears in 1 contract

Samples: 1998 Stock Option Plan Nonqualified Stock Option Agreement (Novadel Pharma Inc)

Release and Discharge. The undersigned, his successors and assigns do hereby give up any and all of his rights in the 2005 Agreement entered into between the undersigned and the Company on February 28March 10, 2005 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his signature hereunder, that he has read and fully understands this release and that he has the opportunity to consult his own legal counsel before entering into this release. /S/ XXXXXXXX XXXXXX X. XXXXXX /S/ XXXX X. XXXXXXXX Xxxxxxxx Xxxxxx X. Xxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Novadel Pharma Inc)

Release and Discharge. The undersigned, his successors and assigns do hereby give up any and all of his rights in the 2005 Agreement entered into between the undersigned and the Company on February 28, 2005 and does hereby release, acquit and forever discharge the Company from any and all actions, causes of actions, claims, damages, liabilities, costs and all claims of any nature or kind whatsoever for economic loss or otherwise, known or unknown, due to the exchange of the undersigned’s Non-Plan Options for an Option under the 1998 Plan. The undersigned states, pursuant to his signature hereunder, that he has read and fully understands this release and that he has the opportunity to consult his own legal counsel before entering into this release. /S/ XXXXXXX XXXXXXXX X. XXXXXX /S/ XXXX X. XXXXXXXX Xxxxxxxx X. XxxxxxXxxxxxx Xxxxxxxx, Optionee Xxxx X. Xxxxxxxx, M.D., President and CEO

Appears in 1 contract

Samples: 1998 Stock Option Plan Nonqualified Stock Option Agreement (Novadel Pharma Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.