Common use of Employer Release Clause in Contracts

Employer Release. The Employer on behalf of itself and its subsidiaries, affiliates, divisions, successors, assigns, officers, directors, agents, partners and current and former employees (collectively, the “Employer Releasors” and together with the Employee Releasors, the “Releasing Parties”) agrees to and does hereby irrevocably and unconditionally release, acquit and forever discharge the Employee, and his heirs, executors, administrators, representatives, successors and assigns (hereinafter collectively referred to as the “Employee Releasees”), with respect to and from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, remedies, causes of action, suits, rights, demands, costs, losses, debts, and expenses (including attorneys’ fees and costs) of any kind whatsoever, known or unknown, whether in law or equity and whether arising under federal, state or local law, which the Releasors had, now have, or may have or claim to have in the future against each or any of the Employee Releasees by reason of any matter, course or thing whatsoever from the beginning of the world until the date of execution of this Release (the “Employer Released Claims” and, together with the Employee Released Claims, the “Released Claims”); provided, however, that nothing herein shall release the Employee from (i) obligations or restrictions arising under or referred to or described in the Employment Agreement and nothing herein shall impair the right or ability of Employer to enforce such provisions in accordance with the terms of the Employment Agreement or (ii) any claims arising out of the Employee’s fraud or willful misconduct in connection with the conduct of the business of the Employer Group.

Employer Release. The Employer Group on behalf of itself and its subsidiaries, affiliates, divisions, successors, assigns, officers, directors, agents, partners and current and former employees (collectively, the “Employer Releasors” and together with the Employee Releasors, the “Releasing Parties”) agrees to and does hereby irrevocably and unconditionally release, acquit and forever discharge the Employee, and his heirs, executors, administrators, representatives, successors and assigns (hereinafter collectively referred to as the “Employee Releasees”), with respect to and from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, remedies, causes of action, suits, rights, demands, costs, losses, debts, and expenses (including attorneys’ fees and costs) of any kind whatsoever, known or unknown, whether in law or equity and whether arising under federal, state or local law, which the Releasors had, now have, or may have or claim to have in the future against each or any of the Employee Releasees by reason of any matter, course or thing whatsoever from the beginning of the world until the date of execution of this Release (the “Employer Released Claims” and, together with the Employee Released Claims, the “Released Claims”); provided, however, that nothing herein shall release the Employee from (i) obligations or restrictions arising under or referred to or described in the Employment Agreement and nothing herein shall impair the right or ability of Employer to enforce such provisions in accordance with the terms of the Employment Agreement or Agreement, (ii) any claims arising out of the Employee’s fraud or willful misconduct in connection with the conduct of the business of the Employer GroupGroup or (iii) any obligations or restrictions under the Xxxxxx Investment Agreement, the Purchase Agreement or the Shareholders Agreement (as such terms are defined in the Employment Agreement) and nothing herein shall impair the right or ability of any party thereto to enforce such provisions in accordance with the terms of the Xxxxxx Investment Agreement, the Purchase Agreement or the Shareholders Agreement.

Employer Release. The It is hereby agreed and understood that the Employer on behalf of itself does hereby irrevocably and unconditionally release and forever discharge and by these presents does for itself, its subsidiaries, affiliates, divisionspredecessors, successors, assigns, representatives, parents, subsidiaries, divisions, affiliates and all related companies and its present and former officers, agents, directors, agentssupervisors, partners attorneys, employees, stockholders and current each and former employees (collectivelyany one of them and their heirs, the “Employer Releasors” executors, administrators, successors and together assigns, and all persons acting by, through, under or in concert with the Employee Releasorsany of them, the “Releasing Parties”) agrees to and does hereby irrevocably and unconditionally release, acquit remise and forever discharge the Employee, Employee and his her heirs, executors, administrators, representatives, successors and assigns (hereinafter collectively referred to as the “Employee Releasees”)assigns, with respect to of and from any all manner of action and all chargesactions, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, remedies, cause and causes of action, suits, rights, demands, costs, lossesclaims, debts, and expenses (including sums of money, accounts, reckonings, bonds, bills, claims for attorneys’ fees fees, interest, expenses and costs) , specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, judgments, executions, claims and demands of any kind nature whatsoever, known or unknown, whether suspected or unsuspected, in law or equity and whether arising under federalin equity, state civil or local lawcriminal, invested or contingent, which against the Releasors Employee, the Employer ever had, now havehas or asserts or which its or its’ officers, affiliates, subsidiaries, agents, representatives hereinafter can, shall or may have or claim to have in the future against each may assert, for, upon or any of the Employee Releasees by reason of any matter, course cause or thing whatsoever whatsoever, from the beginning of the world until to the date of execution of this Release (hereof, it being the “Employer Released Claims” and, together with the Employee Released Claims, the “Released Claims”); provided, however, that nothing intention herein shall to release the Employee from (i) obligations any and all claims of any and every nature, whether known or restrictions arising under or referred unknown, up to or described the date of this Agreement, unrestricted in any way by the Employment Agreement and nothing herein shall impair the right or ability of Employer to enforce such provisions in accordance with the terms nature of the Employment Agreement claim, including, but not limited to, all matters which were asserted or (ii) could have been asserted and all actions or claims identified above or any claims matter arising out of the Employee’s fraud or willful misconduct in connection employment with the conduct Employer and the termination thereof, including her role and position as a Director of the business Employer, constitutional or common law claims, including, but not limited to, all claims for breach of contract or implied contract, breach of implied covenant of good faith and fair dealing, any other state or federal discrimination, statutory, or common laws. Notwithstanding anything to the Employer Groupcontrary in this Agreement, this Section 3.9 does not apply to the Employee’s fraud, intentional misconduct, intentional misrepresentation or omission, or criminal activities.

Employer Release. The Employer Group on behalf of itself and its subsidiaries, affiliates, divisions, successors, assigns, officers, directors, agents, partners and current and former employees (collectively, the “Employer Releasors” and together with the Employee Releasors, the “Releasing Parties”) agrees to and does hereby irrevocably and unconditionally release, acquit and forever discharge the Employee, and his heirs, executors, administrators, representatives, successors and assigns (hereinafter collectively referred to as the “Employee Releasees”), with respect to and from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, remedies, causes of action, suits, rights, demands, costs, losses, debts, and expenses (including attorneys’ fees and costs) of any kind whatsoever, known or unknown, whether in law or equity and whether arising under federal, state or local law, which the Releasors had, now have, or may have or claim to have in the future against each or any of the Employee Releasees by reason of any matter, course or thing whatsoever from the beginning of the world until the date of execution of this Release (the “Employer Released Claims” and, together with the Employee Released Claims, the “Released Claims”); provided, however, that nothing herein shall release the Employee from (i) obligations or restrictions arising under or referred to or described in the Employment Agreement Agreement, as modified by the Letter (including, but not limited to, the obligations and restrictions set forth in Section 4 of the Letter), and nothing herein shall impair the right or ability of Employer to enforce such provisions in accordance with the terms of the Employment Agreement or Agreement, (ii) any claims arising out of the Employee’s fraud or willful misconduct in connection with the conduct of the business of the Employer GroupGroup or (iii) any obligations or restrictions under the Xxxxxx Investment Agreement, the Purchase Agreement or the Shareholders Agreement (as such terms are defined in the Employment Agreement) and nothing herein shall impair the right or ability of any party thereto to enforce such provisions in accordance with the terms of the Xxxxxx Investment Agreement, the Purchase Agreement or the Shareholders Agreement.