Common use of By the Corporation Clause in Contracts

By the Corporation. (i) Except as is otherwise expressly provided herein, the Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases and discharges Executive, his affiliates, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, director of or fiduciary acting on behalf of the Corporation, or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date of Termination. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx set forth in Sections 6(b)(i) and 6(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Date of Termination (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraud, deceit, theft or misrepresentation. (iv) The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 2 contracts

Samples: Employment Agreement (Tollgrade Communications Inc \Pa\), Separation and Mutual Release Agreement (Tollgrade Communications Inc \Pa\)

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By the Corporation. (i) Except as is otherwise expressly provided herein, the The Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors heirs and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases releases, discharges and discharges holds harmless Executive, his affiliates, agents, representatives, attorneys, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, a director of or fiduciary acting on behalf of the Corporation, or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date of TerminationRetirement Date. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx set forth in Sections 6(b)(i) and 6(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Retirement Date of Termination (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraudfraud (as to which the Corporation represents that as of the date hereof it has no basis to believe that any fraud has been commited by Executive) , deceit, theft or misrepresentation. (iv) The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 1 contract

Samples: Employment Agreement (Tollgrade Communications Inc \Pa\)

By the Corporation. (i) Except as is otherwise expressly provided herein, the The Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors heirs and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases releases, discharges and discharges holds harmless Executive, his affiliates, agents, representatives, attorneys, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, a director of or fiduciary acting on behalf of the Corporation, or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date of Termination. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx xxx set forth in Sections 6(b)(i7(b)(i) and 6(b)(ii7(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Date of Termination (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraud, deceit, theft or misrepresentation. (iv) The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i7(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 1 contract

Samples: Severance Agreement (Tollgrade Communications Inc \Pa\)

By the Corporation. (i) Except as is otherwise expressly provided herein, the Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases and discharges Executive, his affiliates, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, director of or fiduciary acting on behalf of the Corporation, or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date of Termination. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx set forth in Sections 6(b)(i5(b)(i) and 6(b)(ii5(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Date of Termination (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraud, deceit, theft or misrepresentation. (iv) The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i5(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 1 contract

Samples: Employment Agreement (Tollgrade Communications Inc \Pa\)

By the Corporation. (i) Except as is otherwise expressly provided herein, the Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases and discharges Executive, his her affiliates, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, director of or fiduciary acting on behalf of the Corporation, employment or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date of Termination. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx set forth in Sections 6(b)(i7(b)(i) and 6(b)(ii7(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Date of Termination (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraud, deceit, theft or misrepresentation. (iv) The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i7(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 1 contract

Samples: Separation Agreement (Tollgrade Communications Inc \Pa\)

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By the Corporation. (i) Except as is otherwise expressly provided herein, the The Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors heirs and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases releases, discharges and discharges holds harmless Executive, his affiliates, agents, representatives, attorneys, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, a director of or fiduciary acting on behalf of the Corporation, or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date of Termination. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx xxx set forth in Sections 6(b)(i7(b)(i) and 6(b)(ii7(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Date of Termination (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraud, deceit, theft or misrepresentation. (iv) . The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i7(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 1 contract

Samples: Severance Agreement (Tollgrade Communications Inc \Pa\)

By the Corporation. (i) Except as is otherwise expressly provided herein, the Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases and discharges Executive, his affiliates, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, director of or fiduciary acting on behalf of the Corporation, or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date date of Terminationsigning this Agreement. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx xxx set forth in Sections 6(b)(i5(b)(i) and 6(b)(ii5(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Date date of Termination signing this Agreement (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraud, deceit, theft or misrepresentation. (iv) The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i5(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 1 contract

Samples: Separation and Mutual Release Agreement (Tollgrade Communications Inc \Pa\)

By the Corporation. (i) Except as is otherwise expressly provided herein, the Corporation, for itself, its subsidiaries and other affiliates, agents, attorneys, representatives, officers, directors, shareholders, predecessors, successors and assigns and all persons claiming by, through, for or under any of them or on any of their behalf, hereby fully and forever releases and discharges Executive, his affiliates, heirs and assigns (individually, an “Executive Releasee” and collectively, “Executive Releasees”), from any and all Claims which the Corporation may have had, may now have, or may hereafter claim or assert against the Executive Releasees, on account of any matter whatsoever, arising out of or relating to (A) Executive’s employment or termination of employment, service as an officer, director of or fiduciary acting on behalf of the Corporation, or any other association with the Corporation, its subsidiaries or any of its other affiliates (whether as an employee, officer, director, shareholder or otherwise), or (B) any other act, event, failure to act or thing which has occurred or was created at any time on or before the Date date of Terminationsigning this Agreement. (ii) The Corporation covenants and represents that it has not filed and will not in the future file or permit to be filed in its name, or on its behalf, any lawsuit or other legal proceeding asserting Claims which are within the scope of this release against any of the Executive Releasees. (iii) Excluded from the release and covenant not to sxx xxx set forth in Sections 6(b)(i5(b)(i) and 6(b)(ii5(b)(ii), respectively, are any Claims which cannot be waived by law, any rights that may arise after the Date date of Termination signing this Agreement (including matters arising pursuant to this Agreement) and any Claims against any Executive Releasee for fraud, deceit, theft or willful misrepresentation. (iv) The Corporation acknowledges and agrees that it is its intention that the release set forth in Section 6(b)(i5(b)(i) be effective as a full and final release of each and every thing released herein.

Appears in 1 contract

Samples: Executive Employment Agreement (Tollgrade Communications Inc \Pa\)

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