Common use of Release Applies To Representative Actions Clause in Contracts

Release Applies To Representative Actions. The above release applies to any Claims brought by any person or agency on behalf of Executive, or any class or representative action pursuant to which Executive may have any right or benefit. Executive promises not to accept any recoveries or benefits which may be obtained on Executive’s behalf by any other person or agency or in any class or representative action that may include or encompass any of the released Claims, and Executive assigns any such recovery or benefit to AEI.

Appears in 3 contracts

Samples: Executive Transition and Separation Agreement, Executive Transition and Separation Agreement (Advanced Energy Industries Inc), Executive Transition and Separation Agreement (Advanced Energy Industries Inc)

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Release Applies To Representative Actions. The above release applies to any Claims brought by any person or agency on behalf of Executive, or any class or representative action pursuant to which Executive may have any right or benefit. Executive waives his right to and promises not to accept any recoveries recoveries, benefits, or benefits injunctive relief which may be obtained on Executive’s behalf by any other person or agency or in any class or representative action that may include or encompass any of the released Claims, and Executive assigns any such recovery or benefit to AEI.

Appears in 2 contracts

Samples: Executive Transition and Separation Agreement, Executive Transition and Separation Agreement (Advanced Energy Industries Inc)

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Release Applies To Representative Actions. The above release applies to any Claims brought by any person or agency on behalf of Executive, or any class or representative action pursuant to which Executive may have any right or benefit. Executive waives his right to and promises not to accept any recoveries recoveries, benefits or benefits injunctive relief which may be obtained on Executive’s behalf by any other person or agency or in any class or representative action that may include or encompass any of the released Claims, and Executive assigns any such recovery or benefit to AEI.

Appears in 1 contract

Samples: Executive Transition and Separation Agreement (Advanced Energy Industries Inc)

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