Common use of General Release by Employee Clause in Contracts

General Release by Employee. In exchange for and in consideration of the payments, benefits, and other commitments described in the Agreement, and in addition to Employee’s other consideration expressed therein, Employee, on Employee’s own behalf and on behalf of Employee’s heirs, executors, administrators, and assigns, hereby FULLY RELEASES, REMISES, ACQUITS AND FOREVER DISCHARGES the Releasees, jointly and severally, of and from the Claims, that Employee may now have, has ever had, or hereafter may have, arising out of or relating to Employee’s employment with the Company or the termination of such employment, or any circumstances related thereto. Claims may include, but are not limited to, claims for wages, severance, back pay, front pay, commissions, bonuses, overrides, reimbursement, reinstatement, any kind of damages or benefits. Employee also releases any and all claims Employee may have that arose prior to the date of this Release, and hereby specifically waives and releases all claims under the ADEA, the OWBPA, Title VII of the Civil Rights Act of 1964, the Civil Rights Acts of 1866 and/or 1871, the Civil Rights Act of 1991, the Equal Pay Act of 1963, the Rehabilitation Act of 1973, the Americans With Disabilities Act, COBRA, the Family and Medical Leave Act of 1993, the National Labor Relations Act, 42 U.S.C. § 1981, the Employment Retirement Income Security Act of 1974, the Genetic Information Nondiscrimination Act, the Worker Adjustment and Retraining Notification Act, the Families First Coronavirus Response Act, the Texas Labor Code, all as amended, and any and all state or local statutes, ordinances, or regulations, including without limitation all Texas laws, ordinances, and regulations, as well as all claims arising under federal, state or local law, involving any tort, employment law, contract claim, whether based upon an express or implied contract, or statutory claim, as well as any claim under public policy or any other claim of any nature. It is the express intent of the parties that Employee’s waiver and release under this Release be as broad and applicable as legally permissible to all aspects of Employee’s employment with the Company and Employee’s separation therefrom. The above release does not waive Claims (i) under the Agreement, (ii) for unemployment or workers’ compensation, (iii) for vested rights under ERISA-covered employee benefit plans, (iv) that may arise after Employee signs this Release, or (v) which cannot be released by private agreement.

Appears in 4 contracts

Samples: Employment Agreement (Rise Oil & Gas, Inc.), Employment Agreement (Rise Oil & Gas, Inc.), Employment Agreement (Rise Oil & Gas, Inc.)

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