RELEASE BY ESSXSPORT Clause Samples

RELEASE BY ESSXSPORT. Upon execution of this Agreement, and for good and valuable consideration, the receipt of which is hereby acknowledged, EssXSport for itself and all of its affiliates, officers, directors, employees, agents, trustees, successors, assigns, and legal representatives will be deemed to have released and forever discharged Gray and Crowley and -------------------------------------------------------------------------------- Exhibits Page 43 their respective employees, agents, trustees, assigns, heirs, devisees, attorneys, accountants, consultants an other professionals (the "Plaintiff Released Parties") from all Claims that it has or may have against Gray and/or Crowley and the Plainti▇▇ Released ▇▇▇▇▇es as of the date of this Agreement, including, but not limited to, all Claims related to the Litigation, and in the case of Gray all Claims related ▇▇ ▇he Employment Agreement. It is an express condition of the consideration of this Agreement, and it is the intention of EssXSport, that this Section 3.2 shall be effective as a bar to each and every Claim of EssXSport. EssXSport acknowledges that Gray and Crowley have r▇▇▇▇d upon this Sect▇▇▇ ▇.▇ as a condition to entering into this Agreement. EssXSport expressly consents, based upon advice of its legal counsel, that this Section 3.2 shall be given full force and effect according to all of its provisions, including those relating to unknown and unsuspected Claims.