Common use of Release by Company Clause in Contracts

Release by Company. Except for the Executive's obligations under this Agreement, (including the repayment of any advancements made before or after the Effective Date, which the Executive is required to repay if it is ultimately determined that the Executive is not entitled to indemnification) and as hereinafter provided, the Company and the Company's Released Parties irrevocably and unconditionally release and discharge Executive, his successors and assigns, from any and all claims, obligations, demands, damages and causes of action of any kind whatsoever, known or unknown, which the Company and the Company's Released Parties may have, now or in the future, against the Executive based upon, relating to, or arising from the creation, existence or termination of Executive's employment; and such release shall extend to the full extent (and only to the extent) of any indemnification authorized under Section 13(a) of this Agreement and under Article XIII of the Company's Certificate of Incorporation.

Release by Company. Except for the Executive's =s obligations under this Agreement, (including the repayment of any advancements made before or after the Effective Date, which the Executive is required to repay if it is ultimately determined that the Executive is not entitled to indemnification) and as hereinafter provided, the Company and the Company's Released Parties irrevocably and unconditionally release and discharge Executive, his successors and assigns, from any and all claims, obligations, demands, damages and causes of action of any kind whatsoever, known or unknown, which the Company and the Company's Released Parties may have, now or in the future, against the Executive based upon, relating to, or arising from the creation, existence or termination of Executive's employment; and such release shall extend to the full extent (and only to the extent) of any indemnification authorized under Section 13(a) of this Agreement and under Article XIII of the Company's Certificate of Incorporation.