Consideration, Scope, Parties Released Sample Clauses

Consideration, Scope, Parties Released. Employee has chosen to sign this Separation Agreement and Release of Claims in return for the Severance Payment referenced in Section 1 of this Separation Agreement, which is in excess of any amount of money that he is otherwise entitled to from Tesco. Employee executes and signs this Release not only on his or her own behalf, but also on behalf of his heirs, executors, and assigns. This release is being given to the following persons and entities: (1) Tesco Corporation and any and all of its related entities and affiliates, including any of their predecessors or successors; (2) the past, present and future agents, officers, directors, employees, stockholders, owners, insurers, representatives and assigns of Tesco Corporation and its affiliates; (3) the employee benefit plans of Tesco Corporation and its affiliates; as well as the insurers, trustees, administrators and fiduciaries of such plans; and (4) any other persons acting by, through, under or in concert with any of the persons or entities listed in (1) through (3) above.