Common use of Other Acknowledgements and Affirmations Clause in Contracts

Other Acknowledgements and Affirmations. Each Party affirms that it has not filed, caused to be filed, or presently is a party to any claim against the other Party, and has not assigned to any third party the right to bring a claim or charge against the other Party with any governmental agency or court. Executive affirms that no other person or entity owns any interest therein, to any of the Severance in Paragraph 3 above, by assignment, lien, security interest, subrogation or otherwise other than for attorney’s fees and that Executive has not in any way assigned or otherwise transferred to any person or entity any interest in the damages and claims released by this Agreement. Executive also affirms that Employee has not divulged any proprietary or confidential information of the Company and will continue to maintain the confidentiality of such information consistent with the Company’s policies and Executive’s agreement(s) with the Company, including this Agreement, and/or common law. Executive further affirms that Executive has not been retaliated against for reporting any allegations of wrongdoing by the Company or its employees, members, or officers. Both Parties acknowledge that this Agreement does not limit either party’s right, where applicable, to file or participate in an investigative proceeding of any federal, state or local governmental agency. To the extent permitted by law, Executive agrees that if such an administrative claim is made, Executive shall not be entitled to recover any individual monetary relief or other individual remedies.

Appears in 5 contracts

Samples: Executive Employment Agreement (Glimpse Group, Inc.), Executive Employment Agreement (Glimpse Group, Inc.), Executive Employment Agreement (Glimpse Group, Inc.)

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