PURCHASE OF RELEASE. The Parties agree that the Recipient: (check one) ☐ - Cannot Purchase a Release. The Recipient has no option, during the Term or any period thereafter, to purchase the rights of this Agreement from the Owner for the purposes of waiving any liability or releasing themselves under this Agreement. ☐ - CAN Purchase a Release. The Recipient has the option, during the Term or any period thereafter, to purchase and waive all liability under this Agreement for the sum of [AMOUNT (IN WORDS)] ($[AMOUNT (NUMERICALLY)]) as payment to the Owner.
Appears in 24 contracts
Samples: Non Compete Agreement, Non Compete Agreement, Non Compete Agreement
