Common use of Montana Clause in Contracts

Montana. If during employment with the Company, Employee lived or worked in Montana, the following language is added to the end of the release: Employee is releasing all rights under Montana Code Annotated Section 28-1-1602, which provides: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN THE CREDITOR’S FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY THE CREDITOR, MUST HAVE MATERIALLY AFFECTED THE CREDITOR’S SETTLEMENT WITH THE DEBTOR. Employee understands that Employee is referred to in this statute as the “creditor” and the Company is referred to as the “debtor.”

Montana. If during Employee’s employment with the Company, Employee lived or worked in Montana, the following language is added to the end of the releaseEmployee’s Full and Final Release section of the Release: Employee is I am releasing all rights under Montana Code Annotated Section 28-1-1602, which provides: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN THE CREDITOR’S FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY THE CREDITOR, MUST HAVE MATERIALLY AFFECTED THE THEE CREDITOR’S SETTLEMENT WITH THE DEBTOR. Employee understands I understand that Employee is I am referred to in this statute as the “creditor” and the Company is referred to as the “debtor.”

Montana. If during employment with the Company, Employee the employee lived or worked in Montana, the following language is added to the end of the releaseRelease section: Employee is releasing all rights under Montana Code Annotated Section 28-1-1602, which provides: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN THE CREDITOR’S FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY THE CREDITOR, MUST HAVE MATERIALLY AFFECTED THE CREDITOR’S SETTLEMENT WITH THE DEBTOR. Employee understands that Employee he/she is referred to in this statute as the “creditor” and the Company is referred to as the “debtor” in this section.”