Common use of No Admission of Liability or Wrongdoing Clause in Contracts

No Admission of Liability or Wrongdoing. Both Parties to this Agreement agree that its existence and payments are not an admission of any wrongdoing, unlawful conduct or liability by either Party and both Parties agree not to assert that this Agreement is an admission of wrongdoing or liability. The Parties agree that this Agreement is a compromise and settlement of claims.

Appears in 4 contracts

Samples: Confidential Separation Agreement (Vertiv Holdings Co), Retirement Agreement and General Release and Waiver of Claims (Vertiv Holdings Co), Separation and General Release Agreement (Lmi Aerospace Inc)

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No Admission of Liability or Wrongdoing. Both Parties to The existence of this Agreement agree that its existence and payments thereunder are not an admission of any wrongdoing, unlawful conduct or liability by either Party and both Parties agree not to assert that this Agreement is an admission of wrongdoing or liability. The Parties agree that this Agreement is a compromise and settlement of claims.

Appears in 1 contract

Samples: Severance and General Release Agreement (Nortek Inc)

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No Admission of Liability or Wrongdoing. Both Parties to The existence of this Agreement agree that its existence and payments thereunder are not an admission of any wrongdoing, unlawful conduct or liability by either Party and both Parties agree not to assert that this Agreement is an admission of wrongdoing or liability. The Parties agree that this Agreement is a compromise and settlement of claims. 11.

Appears in 1 contract

Samples: Severance and General Release Agreement

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