Common use of Employee’s Release Clause in Contracts

Employee’s Release. a. In consideration of the payments made herein, and not until all such payments are made, the sufficiency of which consideration is hereby acknowledged, Employee hereby releases and forever discharges the Bank, and its directors, affiliates, officers, agents and employees, from any and all causes of action or claims of any type that Employee might have from the beginning of the world through the date of Employee’s execution of this Agreement, arising or which could have arisen out of Employee’s employment relationship with the Bank, including but not limited to causes of action or claims of any type arising under the Age Discrimination In Employment Act of 1967, 29 USC §626 et seq. (“ADEA”), Title VII of the Civil Rights Act of 1964, 42 USC §2000e et seq. (“Title VII”), the Civil Rights Act of 1866, 42 USC §1981, the National Labor Relations Act, 29 USC §151 et seq., the Fair Labor Standards Act, 29 USC §201 et seq., the Americans With Disabilities Act, 42 USC §12101 et seq. (“ADA”), the Employee Retirement Income Security Act of 1974, 29 USC §1001 et seq., the Kentucky Human Rights Act, and any other Federal, state or local statute, law, ordinance, regulation or order that may give rise to any cause of action including, but not limited to, claims of age or sex discrimination or breach of contract and claims for back pay, earned or accrued vacation pay, bonus, earned commissions, damages and any other relief or remedy at law or at equity. Employee further covenants and agrees never to institute directly or indirectly or to participate in (unless otherwise required by law) any action or proceeding of any kind against the Bank, its directors, affiliates, officers, agents and employees, based on or related to his employment relationship with the Bank, including, but not limited to, an action asserting that the Bank discriminated against him on the basis of age or sex or an action asserting breach of contract, it being understood that there is no intent herein to interfere with the Equal Employment Opportunity Commission’s right to enforce Title VII, the ADA, or the ADEA.

Employee’s Release. a. In consideration of the payments made promises set forth herein, and not until all such payments are made, the sufficiency of which consideration is hereby acknowledged, Employee hereby releases and forever discharges the Bank, and its directors, affiliates, officers, agents and employees, from any and all causes of action or claims of any type that Employee might have from the beginning of the world through the date of Employee’s execution of this Agreement, arising or which could have arisen out of Employee’s employment relationship with the Bank, including but not limited to causes of action or claims of any type arising under the Age Discrimination In Employment Act of 1967, 29 USC §626 et seq. (“ADEA”), Title VII of the Civil Rights Act of 1964, 42 USC §2000e et seq. (“Title VII”), the Civil Rights Act of 1866, 42 USC §1981, the National Labor Relations Act, 29 USC §151 et seq., the Fair Labor Standards Act, 29 USC §201 et seq., the Americans With Disabilities Act, 42 USC §12101 et seq. (“ADA”), the Employee Retirement Income Security Act of 1974, 29 USC §1001 et seq., the Kentucky Human Rights Act, and any other Federal, state or local statute, law, ordinance, regulation or order that may give rise to any cause of action including, but not limited to, claims of age or sex discrimination or breach of contract and claims for back pay, earned or accrued vacation pay, bonus, earned commissions, damages and any other relief or remedy at law or at equity. Employee further covenants and agrees never to institute directly or indirectly or to participate in (unless otherwise required by law) any action or proceeding of any kind against the Bank, its directors, affiliates, officers, agents and employees, based on or related to his employment relationship with the Bank, including, but not limited to, an action asserting that the Bank discriminated against him on the basis of age or sex or an action asserting breach of contract, it being understood that there is no intent herein to interfere with the Equal Employment Opportunity Commission’s right to enforce Title VII, the ADA, or the ADEA.

Employee’s Release. a. In consideration of the payments made herein, and not until all such payments are made, the sufficiency of which consideration is hereby acknowledged, Employee hereby releases and forever discharges the Bank, and its directors, affiliates, officers, agents and employees, from any and all causes of action or claims of any type that Employee might have from the beginning of the world through the date of Employee’s execution of this Agreement, arising Employee, for himself, his family, heirs, executors, administrators, agents and assigns, fully and forever releases and discharges the Company, as well as any and all of its affiliated corporations and all of its past, present and future officers, directors, agents, employees, shareholders, attorneys, insurers, predecessors, successors, administrators and assigns, as applicable (hereinafter the “Released Parties”) of and from any and all manner of action or actions, cause or /s/MS 12/21/04 /s/JB 12/21/04 Initial and date causes of action, suits, debts, covenants, contracts, agreements, judgments, executions, claims and demands whatsoever in law or equity, whether known or unknown, which could Employee has or may now have against the Released Parties for or by reason of any transaction, matter, cause or thing whatsoever which has arisen out or occurred prior to or including the date of Employee’s employment relationship with the Bankhis signing of this Agreement, including whether based on tort, express or implied contract, or any federal, state or local law, statute or regulation, including, but not limited to causes to, any alleged violation of action or claims of any type arising under the Age Discrimination In Employment Civil Rights Act of 1967, 29 USC §626 et seq. (“ADEA”), 1991; Title VII of the Civil Rights Act of 1964, 42 USC §2000e et seq. (“Title VII”), as amended; the Civil Rights Americans With Disabilities Act of 1866, 42 USC §1981, 1990 (ADA); the National Labor Relations Act, 29 USC §151 et seq., Family and Medical Leave Act of 1993 (FMLA); the Age Discrimination in Employment Act of 1967 (ADEA); the Fair Labor Standards Act, 29 USC §201 et seq., Act (FLSA); the Americans With Disabilities Act, 42 USC §12101 et seq. (“ADA”), the Employee Retirement Income Security Xxxxxxxx - Xxxxx Act of 1974, 29 USC §1001 et seq., 2002; the Kentucky Human Occupational Safety and Health Act of 1970 (OSHA); the Older Workers Benefit Protection Act (OWBPA); Ohio’s Equal Pay Act; Ohio’s Continuation of Benefits Act; Ohio’s workers compensation laws; the Ohio Civil Rights Act, and any other Federal, state or local statute, law, ordinance, regulation or order that may give rise to any cause of action including, including but not limited toto claims based on age, claims race, sex and other forms of age or sex discrimination or breach of contract and claims for back pay, earned or accrued vacation pay, bonus, earned commissions, damages employment discrimination; and any and all other relief claims which have arisen or remedy at law or at equity. Employee further covenants and agrees never to institute directly or indirectly or to participate in (unless otherwise required by law) any action or proceeding which could arise out of any kind against the Bank, its directors, affiliates, officers, agents and employees, based on or related to his employment relationship with the Bank, includingEmployee’s released claims, but not limited to, an action asserting that excluding any vested rights Employee may have under any pension or welfare plan of the Bank discriminated against him on the basis of age or sex or an action asserting breach of contract, it being understood that there is no intent herein to interfere with the Equal Employment Opportunity Commission’s right to enforce Title VII, the ADA, or the ADEACompany for which he would otherwise qualify.