Common use of Civil Code Section 1542 Clause in Contracts

Civil Code Section 1542. The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Agreement. Employee and the Company acknowledge that they have been advised by legal counsel and are familiar with the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee and the Company, being aware of said code section, agree to expressly waive any rights they may have thereunder, as well as under any other statute or common law principles of similar effect.

Appears in 2 contracts

Samples: Separation and Release of Claims Agreement (Mentor Corp /Mn/), Separation and Release of Claims Agreement (Mentor Corp /Mn/)

AutoNDA by SimpleDocs

Civil Code Section 1542. The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Agreement. Employee and the Company acknowledge that they have been advised by had the opportunity to consult legal counsel and counsel, have read, are familiar with with, and understand the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee and the CompanyThe Parties, being aware of said code section, voluntarily agree to expressly waive any rights they may have thereunder, as well as under any other statute or common law principles of similar effect, including both known and unknown claims.

Appears in 1 contract

Samples: Severance Agreement (Tcsi Corp)

Civil Code Section 1542. The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Agreement. Employee and the Company acknowledge that they have been advised by had the opportunity to seek the advice of legal counsel and are familiar with the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee and the Company, being aware of said code section, agree to expressly waive any rights they each may have thereunder, as well as under any other statute or common law principles of similar effect.

Appears in 1 contract

Samples: Settlement Agreement (Maxwell Technologies Inc)

Civil Code Section 1542. The Parties represent that they are not aware of ----------------------- any claim by either of them other than the claims that are released by this Agreement. Employee Xx. Xxxxxxxxxxx and the Company acknowledge that they have been advised by legal counsel has advised them and are familiar with the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee Xx. Xxxxxxxxxxx and the Company, being aware of said code section, agree to expressly waive any rights they may have thereunder, as well as under any other statute or common law principles of similar effect.

Appears in 1 contract

Samples: Consulting Agreement (Vidamed Inc)

Civil Code Section 1542. The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Agreement. Employee and the Company The Parties acknowledge that they have been advised by had the opportunity to seek the advice of legal counsel and are familiar with the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee and the CompanyThe Parties, being aware of said code section, agree agrees to expressly waive any rights they may have thereunderhereunder, as well as under any other statute or common law principles of similar effect.

Appears in 1 contract

Samples: Separation and Release Agreement (Fortinet Inc)

AutoNDA by SimpleDocs

Civil Code Section 1542. The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Agreement. Employee Employee, on the one hand, and Visioneer, Purchaser and Purchaser Parent, on the Company other hand, acknowledge that they have been advised by legal counsel and are familiar with the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, 4 WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee and the Company, The Parties being aware of said such code section, agree respectively to expressly waive any rights they may have thereunder, as well as under any other statute stature or common law principles of similar effect.

Appears in 1 contract

Samples: Settlement Agreement (Visioneer Inc)

Civil Code Section 1542. The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Agreement. Employee and acknowledges that he/she has the Company acknowledge that they have been advised by opportunity to seek the advice of legal counsel and are is familiar with the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee and the CompanyEmployee, being aware of said code section, agree agrees to expressly waive any rights they he/she may have thereunder, as well as under any other statute or common law principles of similar effect.

Appears in 1 contract

Samples: Severance Agreement (Therma Wave Inc)

Civil Code Section 1542. The Parties represent that they are not aware of any claim claim(s) exist or suspect to exist up until and including the Effective Date of this Agreement by either of them other than the claims that are released by this Agreement. Employee The Consultant and the Company acknowledge that they have been advised by legal counsel and are familiar with the provisions of California Civil Code Section 1542, which provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. Employee The Consultant and the Company, being aware of said such code section, agree to expressly waive any rights they may have thereunder, as well as under any other statute stature or common law principles of similar effect.

Appears in 1 contract

Samples: Separation and General Release Agreement (Sina Com)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!