Common use of GENERAL RELEASE BY COMPANY Clause in Contracts

GENERAL RELEASE BY COMPANY. Subject to Paragraph 13, the Company (on behalf of itself and the other Ashford Companies) does hereby fully, finally and completely release the Executive from any and all Claims of any kind or nature arising out of the Executive’s employment with the Company arising from, relating to, or in any way connected with any facts or events occurring on or before the date of the Termination Release, provided, however, that the Executive is not released or discharged from his Continuing Obligations (defined below). This General Release by the Company also does not waive or release any right to enforce this Termination Release or any rights that cannot by law be released.

Appears in 3 contracts

Samples: Termination Release (Ashford Hospitality Trust Inc), Termination Release (Ashford Inc.), Release and Waiver (Braemar Hotels & Resorts Inc.)

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GENERAL RELEASE BY COMPANY. Subject to Paragraph 13, the Company (on behalf of itself and the other Ashford CompaniesAshford-Related Entities) does hereby fully, finally and completely release the Executive from any and all Claims of any kind or nature arising out of the Executive’s employment with the Company arising from, relating to, or in any way connected with any facts or events occurring on or before the date of the Termination Releasethis Agreement, provided, however, provided that the Executive is not released or discharged from his Continuing Obligations (defined below)Obligations. This General Release by the Company also does not waive or release any right to enforce this Termination Release Agreement or any rights that cannot by law be released.

Appears in 2 contracts

Samples: Separation/Consulting Agreement (Ashford Inc.), Separation/Consulting Agreement (Ashford Hospitality Trust Inc)

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