Common use of Purpose and Release Clause in Contracts

Purpose and Release. The purpose of this Agreement is (i) except as otherwise specifically provided in this Agreement, to terminate all prior agreements between the Company, and any of its affiliates, and Employee relating to the subject matter of this Agreement, (ii) to recognize Employee’s significant contributions to the overall financial performance and success of the Company, (iii) to protect the Company’s business interests through the addition of restrictive covenants, and (iv) to provide a single, integrated document which shall provide the basis for Employee’s continued employment by the Company. In consideration of the execution of this Agreement and the termination of all such prior agreements (except to the extent otherwise specifically provided in this Agreement), the parties each release all rights and claims that they have, had or may have arising under such prior agreements.

Appears in 10 contracts

Samples: Employment Agreement (Lender Processing Services, Inc.), Employment Agreement (Lender Processing Services, Inc.), Employment Agreement (Lender Processing Services, Inc.)

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Purpose and Release. The purpose of this Agreement is (i) except as otherwise specifically provided in this Agreement, to terminate all prior agreements between the Company, and any of its affiliates, and Employee relating to the subject matter of this Agreement, (ii) to recognize Employee’s significant contributions to the overall financial performance and success of the Company, (iii) to protect the Company’s business interests through the addition of restrictive covenants, and (iv) to provide a single, integrated document which shall provide the basis for Employee’s continued employment by the Company. In consideration of the execution of this Agreement and the termination of all such prior agreements (except to the extent otherwise specifically provided in this Agreement)agreements, the parties each release all rights and claims that they have, had or may have arising under such prior agreements.

Appears in 3 contracts

Samples: Employment Agreement (Fidelity National Information Services, Inc.), Employment Agreement (Lender Processing Services, Inc.), Employment Agreement (Fidelity National Information Services, Inc.)

Purpose and Release. The purpose of this Agreement is (i) except as otherwise specifically provided in this Agreement, to terminate all prior agreements between the Company, and any of its affiliates, and Employee relating to the subject matter of this Agreement, (ii) to recognize Employee’s significant contributions to the overall financial performance and success of the Company, (iii) to protect the Company’s business interests through the addition of restrictive covenants, and (iv) to provide a single, integrated document which shall provide the basis for Employee’s continued employment by the Company. In consideration of the execution of this Agreement and the termination of all such prior agreements (except to the extent otherwise specifically provided in this Agreement), the parties each release all rights and claims that they have, had or may have arising under such prior agreements.

Appears in 3 contracts

Samples: Employment Agreement (Lender Processing Services, Inc.), Employment Agreement (Lender Processing Services, Inc.), Employment Agreement (Lender Processing Services, Inc.)

Purpose and Release. The purpose of this Agreement is (i) except as otherwise specifically provided in this Agreement, to terminate all prior agreements between the Company, and any of its affiliates, and Employee relating to the subject matter of this Agreement, (ii) to recognize Employee’s 's significant contributions to the overall financial performance and success of the Company, (iii) to protect the Company’s 's business interests through the addition of restrictive covenants, and (iv) to provide a single, integrated document which shall provide the basis for Employee’s 's continued employment by the Company. In consideration of the execution of this Agreement and the termination of all such prior agreements (except to the extent otherwise specifically provided in this Agreement), the parties each release all rights and claims that they have, had or may have arising under such prior agreements.

Appears in 2 contracts

Samples: Employment Agreement (Lender Processing Services, Inc.), Employment Agreement (Lender Processing Services, Inc.)

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Purpose and Release. The purpose of this Agreement is (i) except as otherwise specifically provided in this Agreement, to terminate all prior agreements between the Company, and any of its affiliates, and Employee relating to the subject matter of this AgreementAgreement (including an Employment Agreement dated March 9, (ii) 2005 with Fidelity Information Services, Inc.), to recognize Employee’s significant contributions to the overall financial performance and success of the Company, (iii) to protect the Company’s business interests through the addition of restrictive covenants, and (iv) to provide a single, integrated document which shall provide the basis for Employee’s continued employment by the Company. In consideration of the execution of this Agreement and the termination of all such prior agreements (except to the extent otherwise specifically provided in this Agreement)agreements, the parties each release all rights and claims that they have, had or may have arising under such prior agreements.

Appears in 2 contracts

Samples: Employment Agreement (Lender Processing Services, Inc.), Employment Agreement (Fidelity National Information Services, Inc.)

Purpose and Release. The purpose of this Agreement is (i) except as otherwise specifically provided in this Agreement, to terminate all prior agreements between the Company, and any of its affiliates, and Employee relating to the subject matter of this Agreement, (ii) to recognize Employee’s 's significant contributions to the overall financial performance and success of the Company, (iii) to protect the Company’s 's business interests through the addition of restrictive covenants, and (iv) to provide a single, integrated document which shall provide the basis for Employee’s 's continued employment by the Company. In consideration of the execution of this Agreement and the termination of all such prior agreements (except to the extent otherwise specifically provided in this Agreement), the parties each release all rights and claims that they have, had she has or may have had arising under such prior agreements.

Appears in 1 contract

Samples: Employment Agreement (Black Knight, Inc.)

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