Release of Lumenis by Palomar and General Sample Clauses

Release of Lumenis by Palomar and General. Palomar and General, together with (as applicable) their respective officers, directors, employees, shareholders, insurers, agents, trustees, attorneys, parents, subsidiaries, Affiliates, successors, assigns and customers (collectively, “Palomar/General Releasors”), do hereby remise, release and forever discharge Lumenis, together with (as applicable) their officers, directors, employees, shareholders, insurers, licensees, sublicensees, customers, agents, trustees, attorneys, parents, subsidiaries, Affiliates, successors and assigns (collectively, the “Released Lumenis Entities”), of and from any and all actions, causes of action, claims, counterclaims, damages, debts, demands, liabilities, costs, expenses, loss, liens and obligations of whatsoever name and nature, including attorney fees (hereinafter, the “claims”), whether at law or in equity, which the Palomar/General Releasors now have or ever had, whether or not the facts giving rise to such claims are now known or unknown, from the first day of the world to the Effective Date (but not thereafter), which claims are based on or related in any way to the Lawsuits, the Xxxxxxxx Patents, the Original Patent License or any other Patents that Palomar or any of its Affiliates owned or controlled at any time prior to the Effective Date (including all of the claims specified or implied in the Lawsuits). It is the intention of the Palomar/General Releasors fully, finally and forever to release the Released Lumenis Entities from the claims released by this Section ý4(c). In furtherance of such intention, this release shall be and remain in effect notwithstanding the discovery subsequent to the Effective Date of any presently existing fact. Notwithstanding the foregoing, it is expressly understood that this release does not release the Released Lumenis Entities or any of them from the obligations set forth in this Agreement, the Exhibits hereto and the other documents delivered at the Closing (including the Patent License Agreement).
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Related to Release of Lumenis by Palomar and General

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  • Specific Release of ADEA Claims In further consideration of the payments and benefits provided to Executive under the Employment Agreement, the Releasors hereby unconditionally release and forever discharge the Releasees from any and all Claims that the Releasors may have as of the date Executive signs this Agreement arising under the Federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder (“ADEA”). By signing this Agreement, Executive hereby acknowledges and confirms the following: (i) Executive was, and is hereby, advised by the Company in connection with his termination to consult with an attorney of his choice prior to signing this Agreement and to have such attorney explain to Executive the terms of this Agreement, including, without limitation, the terms relating to Executive’s release of claims arising under ADEA, and Executive has in fact consulted with an attorney; (ii) Executive was given a period of not fewer than 21 days to consider the terms of this Agreement and to consult with an attorney of his choosing with respect thereto; (iii) Executive knowingly and voluntarily accepts the terms of this Agreement; (iv) the payments and benefits provided to Executive in consideration of this release are in addition to any amounts otherwise owed to Executive; and (v) this Agreement is written in a manner designed to be understood by Executive and he understands it. Executive also understands that he has seven days following the date on which he signs this Agreement within which to revoke the release contained in this paragraph, by providing the Company a written notice of his revocation of the release and waiver contained in this paragraph.

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