Common use of No Termination Claims Clause in Contracts

No Termination Claims. The Employee agrees that the termination provisions in paragraphs 39 - 44 above are reasonable and constitute full and adequate notice and/or compensation to them with respect to the termination of their employment with the Employer. Upon any termination of the Employee’s employment by the Employer in compliance with this Agreement or upon any termination of the Employee’s employment by the Employee, the Employee understands and agrees that they will have no right to further notice, pay in lieu of notice, damages, severance pay, reinstatement, benefits, or any other compensation from the Employer, whether under contract, statute, common law or otherwise, will have no action, cause of action, claim or demand against the Employer, any related or associated entities or any other person as a consequence of such termination and the will sign an appropriate release releasing the Employer, its subsidiaries and their respective directors, officers, shareholders, employees and agents from any and all such actions, causes of action, claims and demands.

Appears in 4 contracts

Samples: Employment Agreement (Li-Cycle Holdings Corp.), Employment Agreement (Li-Cycle Holdings Corp.), Employment Agreement (Li-Cycle Holdings Corp.)

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No Termination Claims. The Employee agrees that the termination provisions in paragraphs 39 - 44 39—44 above are reasonable and constitute full and adequate notice and/or compensation to them with respect to the termination of their employment with the Employer. Upon any termination of the Employee’s employment by the Employer in compliance with this Agreement or upon any termination of the Employee’s employment by the Employee, the Employee understands and agrees that they will have no right to further notice, pay in lieu of notice, damages, severance pay, reinstatement, benefits, or any other compensation from the Employer, whether under contract, statute, common law or otherwise, will have no action, cause of action, claim or demand against the Employer, any related or associated entities or any other person as a consequence of such termination and the will sign an appropriate release releasing the Employer, its subsidiaries and their respective directors, officers, shareholders, employees and agents from any and all such actions, causes of action, claims and demands.

Appears in 2 contracts

Samples: Employment Agreement (Li-Cycle Holdings Corp.), Employment Agreement (Li-Cycle Holdings Corp.)

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No Termination Claims. The Employee agrees that the termination provisions in paragraphs 39 - 44 above 35above are reasonable and constitute full and adequate notice and/or compensation to them with respect to the termination of their employment with the Employer. Upon any termination of the Employee’s employment by the Employer in compliance with this Agreement or upon any termination of the Employee’s employment by the Employee, the Employee understands and agrees that they will have no right to further notice, pay in lieu of notice, damages, severance pay, reinstatement, benefits, or any other compensation from the Employer, whether under contract, statute, common law or otherwise, will have no action, cause of action, claim or demand against the Employer, any related or associated entities or any other person as a consequence of such termination and the will sign an appropriate release releasing the Employer, its subsidiaries and their respective directors, officers, shareholders, employees and agents from any and all such actions, causes of action, claims and demands.

Appears in 2 contracts

Samples: Employment Agreement (Li-Cycle Holdings Corp.), Employment Agreement (Li-Cycle Holdings Corp.)

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