Common use of Claims Released Clause in Contracts

Claims Released. As of the date of the execution of this Agreement and in exchange for the consideration provided herein, Executive irrevocably and unconditionally releases, acquits, and forever discharges any and all known or unknown claims, charges, promises, actions, or similar rights that Executive may have (the “Claims”) against the Released Parties listed in subsection 2(b) above; except Executive does not release any Claims related to: (i) his right, if any, to coverage under any applicable Centerline directors and officers insurance policies or (ii) Executive’s right, if any, to expense reimbursements pursuant to applicable Centerline policy. Executive understands that the Claims that the Executive is releasing might arise under many different laws (including statutes, regulations, other administrative guidance, and common law doctrines), and include without limitation, claims such as breach of contract, implied contract, promissory estoppel, or claims under any federal, state or local statute, law, order or ordinance, such as Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, Section 1981 of the Civil Rights Act of 1866, the Employee Retirement Income Security Act, the New York Labor Law, the New York State Human Rights Law, and the New York City Human Rights Law.