Common use of Release of Claims and Covenant Not to Xxx Clause in Contracts

Release of Claims and Covenant Not to Xxx. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed and delivered by MTM Technologies, Inc., a New York corporation (the “Company”), to ___________ (the “Executive”). Pursuant to the provisions of Section 4 of the letter agreement between the Company and the Executive dated __________ , 200_ (the “Agreement ”) the Company hereby agrees as follows: The Company and its affiliates release and forever discharge the Executive from, and covenant not to xxx or proceed against the Executive on the basis of, any and all past or present causes of action, suits, agreements or other claims which the Company or its affiliates have against the Executive upon or by reason of any matter, cause or thing whatsoever, including, but not limited to, any matters arising out of his employment by the Company and the cessation of said employment. This release shall not, however, constitute a waiver of any of the Company’s rights under the Agreement. The Company hereby covenants that it has not transferred or assigned to any person or entity any of the claims that are subject to this release and covenant. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed by the Company and delivered to the Executive on ____________, 20__. MTM TECHNOLOGIES, INC. By: Name: Title: This RELEASE AGREEMENT (the “ Agreement ”) is made as of _________, 20__ by and between MTM Technologies, Inc., a New York corporation (the “ Company ”), and ________ (the “ Executive ”).

Release of Claims and Covenant Not to Xxx. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed and delivered by MTM Technologies, Inc., a New York corporation (the “Company”), to ___________ Xxxxxx Xxxxxxxx (the “Executive”). Pursuant to the provisions of Section 4 5(a) of the letter employment agreement between the Company and the Executive dated August __________ , 200_ 2006 (the “Agreement Employment Agreement”) the Company hereby agrees as follows: The Company and its affiliates release and forever discharge the Executive from, and covenant not to xxx or proceed against the Executive on the basis of, any and all past or present causes of action, suits, agreements or other claims which the Company or its affiliates have against the Executive upon or by reason of any matter, cause or thing whatsoever, including, but not limited to, any matters arising out of his employment by the Company and the cessation of said employment. This release shall not, however, constitute a waiver of any of the Company’s rights under the Employment Agreement. The Company hereby covenants that it has not transferred or assigned to any person or entity any of the claims that are subject to this release and covenant. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed by the Company and delivered to the Executive on ____________, 20__. MTM TECHNOLOGIES, INC. _ By: Print Name: Print Title: This RELEASE AGREEMENT (the “ Agreement “Agreement”) is made as of _________________ , 20___ by and between MTM Technologies, Inc., a New York corporation (the “ Company Company”), and ________ Xxxxxx Xxxxxxxx (the “ Executive “Executive”).

Release of Claims and Covenant Not to Xxx. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed and delivered by MTM Technologies, Inc., a New York corporation (the “Company”), to ___________ Xxxxxx X. Xxxxxxx (the “Executive”). Pursuant to the provisions of Section 4 5(a) of the letter employment agreement between the Company and the Executive dated __________ , 200_ 2004 (the “Agreement Employment Agreement”) the Company hereby agrees as follows: The Company and its affiliates release and forever discharge the Executive from, and covenant not to xxx or proceed against the Executive on the basis of, any and all past or present causes of action, suits, agreements or other claims which the Company or its affiliates have against the Executive upon or by reason of any matter, cause or thing whatsoever, including, but not limited to, any matters arising out of his employment by the Company and the cessation of said employment. This release shall not, however, constitute a waiver of any of the Company’s rights under the Employment Agreement. The Company hereby covenants that it has not transferred or assigned to any person or entity any of the claims that are subject to this release and covenant. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed by the Company and delivered to the Executive on ____________, 20__. MTM TECHNOLOGIES, INC20 . By: Print Name: Print Title: This RELEASE AGREEMENT (the “ Agreement “Agreement”) is made as of _________, 20__ 20 by and between MTM Technologies, Inc., a New York corporation (the “ Company “Company”), and ________ Xxxxxx X. Xxxxxxx (the “ Executive “Executive”).

Release of Claims and Covenant Not to Xxx. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed and delivered by MTM Technologies, Inc., a New York corporation (the “Company”), to ___________ Xxxxxx X. Xxxxxx (the “Executive”). Pursuant to the provisions of Section 4 5(a) of the letter employment agreement between the Company and the Executive dated __________ , 200_ 2004 (the “Agreement Employment Agreement”) the Company hereby agrees as follows: The Company and its affiliates release and forever discharge the Executive from, and covenant not to xxx or proceed against the Executive on the basis of, any and all past or present causes of action, suits, agreements or other claims which the Company or its affiliates have against the Executive upon or by reason of any matter, cause or thing whatsoever, including, but not limited to, any matters arising out of his employment by the Company and the cessation of said employment. This release shall not, however, constitute a waiver of any of the Company’s rights under the Employment Agreement. The Company hereby covenants that it has not transferred or assigned to any person or entity any of the claims that are subject to this release and covenant. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed by the Company and delivered to the Executive on ____________, 20__. MTM TECHNOLOGIES, INC20 . By: Print Name: Print Title: This RELEASE AGREEMENT (the “ Agreement “Agreement”) is made as of _________, 20__ 20 by and between MTM Technologies, Inc., a New York corporation (the “ Company “Company”), and ________ Xxxxxx X. Xxxxxx (the “ Executive “Executive”).

Release of Claims and Covenant Not to Xxx. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed and delivered by MTM Technologies, Inc., a New York corporation (the “Company”), to ___________ Xxxxxxx X. Xxxxxx (the “Executive”). Pursuant to the provisions of Section 4 5(a) of the letter employment agreement between the Company and the Executive dated __________ , 200_ 2004 (the “Agreement Employment Agreement”) the Company hereby agrees as follows: The Company and its affiliates release and forever discharge the Executive from, and covenant not to xxx or proceed against the Executive on the basis of, any and all past or present causes of action, suits, agreements or other claims which the Company or its affiliates have against the Executive upon or by reason of any matter, cause or thing whatsoever, including, but not limited to, any matters arising out of his employment by the Company and the cessation of said employment. This release shall not, however, constitute a waiver of any of the Company’s rights under the Employment Agreement. The Company hereby covenants that it has not transferred or assigned to any person or entity any of the claims that are subject to this release and covenant. This RELEASE OF CLAIMS AND COVENANT NOT TO XXX is executed by the Company and delivered to the Executive on ____________, 20__. MTM TECHNOLOGIES, INC20 . By: Print Name: Print Title: This RELEASE AGREEMENT (the “ Agreement “Agreement”) is made as of _________, 20__ 20 by and between MTM Technologies, Inc., a New York corporation (the “ Company “Company”), and ________ Xxxxxxx X. Xxxxxx (the “ Executive “Executive”).