Common use of Prior Rights and Obligations Clause in Contracts

Prior Rights and Obligations. The Parties agree that this Release, the Contribution Agreement, and any other agreements entered into pursuant to the Contribution Agreement will extinguish and supersede all rights, if any, which Employee-Contributor or the Company may have, contractual or otherwise, relating to (a) the Employee-Contributor’s continued employment with [, or termination from employment with,] the Company or (b) Employee-Contributor’s ownership of any equity or other interests in the Company (including any incentive units, options, warrants or other rights to acquire any equity or other interest in the Company whether vested or unvested as of the date hereof),

Prior Rights and Obligations. The Parties agree that this Release, the Contribution Purchase and Sale Agreement, and any other agreements entered into pursuant to the Contribution Purchase and Sale Agreement will extinguish and supersede all rights, if any, which Employee-Contributor Seller or the Company may have, contractual or otherwise, relating to (a) the Employee-ContributorSeller’s continued employment with [, or termination from employment with,] the Company or (b) Employee-ContributorSeller’s ownership of any equity or other interests in the Company (including any incentive units, options, warrants or other rights to acquire any equity or other interest in the Company whether vested or unvested as of the date hereof),