Release by Silten Clause Samples
The 'Release by Silten' clause serves to formally discharge or waive certain rights, claims, or liabilities that Silten may have against another party. In practice, this clause typically specifies the scope of the release, detailing which claims or obligations are being relinquished and under what circumstances, such as after the fulfillment of contractual duties or upon settlement of a dispute. Its core function is to provide legal certainty and finality by preventing Silten from pursuing further claims related to the matters covered by the release, thereby reducing the risk of future litigation or disputes.
Release by Silten. In consideration of the sabbatical and separation payments provided in this Agreement, Silten, on behalf of herself, her successors, heirs, administrators, executors, assigns, attorneys, agents and representatives, and each of them, irrevocably and unconditionally waives, releases, and promises never to assert against LS&CO., and its present and former parent companies, affiliates, subsidiaries, officers, directors, present and former employees, attorneys, insurers, agents, successors, and assigns, and each of them (collectively “releasees”), any and all debts, claims, liabilities, demands, and causes of action of every kind, nature and description she may have against releasees, including all those arising out of or related to Silten’s employment with, and separation from LS&CO., or any affiliate, or any other claim of any kind arising from any act that occurred during Silten’s employment with LS&CO. including the separation of employment contemplated by this Agreement. These claims include, but are not limited to, claims arising in any jurisdiction in the world, including any claims under U.S. federal, state, or local statutory or common law such as Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act, the Americans with Disabilities Act, the Employee Retirement Income Security Act, the Family and Medical Leave Act of 1993, the Workers Adjustment and Retraining Notification Act, the California Fair Employment and Housing Act; the California Civil Code, the California Labor Code, the California WARN Act (Cal. Labor Code §§1400 et seq.), claims arising under contract or any alleged breach of tort law; and claims arising out of any law or public policy of the United States of America, the State of California, or any other governmental entity. Silten accepts the amounts to which she is entitled by virtue of this Agreement as final settlement of accounts between the parties and declares expressly that, subject to performance of this Agreement, neither LS&CO. nor any company affiliated with LS&CO. -wherever located - will have any further obligations vis-à-vis her. Silten confirms that she has no further rights or claims - and to the extent relevant she knowingly and expressly waives any and all of such rights and claims - against LS&CO. or any of its affiliates, wherever located and under any applicable laws of any relevant jurisdiction, on the basis of the employment relationship and/or the termination of the employment contrac...