Common use of Release of Prior Claims Clause in Contracts

Release of Prior Claims. The Seller hereby releases the Company, Buyer and their respective subsidiaries, officers, directors, shareholders, employees and affiliates (collectively, the "Released Parties") of and from any and all claims, complaints, causes of action or demands of whatever kind, known or unknown (collectively, the "Claims"), which the Seller has or may have against the Released Parties for any actions, conduct, decisions, behavior or events relating to or arising out of either of the Seller's status or relationship as an employee, officer, director or shareholder of the Company. The Seller understands that this release extends to, but is not limited to, Claims for breach of contract, breach of any express or implied promise, retaliation, breach of public policy, negligence, intentional infliction of emotional distress, defamation or any other tortious conduct or any Claims under the federal or state securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Clarion Technologies Inc/De/)

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Release of Prior Claims. The Seller Sellers hereby releases release the Company, Buyer and their respective subsidiaries, officers, directors, shareholders, employees and affiliates (collectively, the "Released PartiesRELEASED PARTIES") of and from any and all claims, complaints, causes of action or demands of whatever kind, known or unknown (collectively, the "ClaimsCLAIMS"), which either of the Seller Sellers has or may have against the Released Parties for any actions, conduct, decisions, behavior or events relating to or arising out of either of the Seller's Sellers' status or relationship as an employee, officer, director or shareholder of the Company. The Seller understands Sellers understand that this release extends to, but is not limited to, Claims for breach of contractcontract (including any action under the Memorandum), breach of any express or implied promise, retaliation, breach of public policy, negligence, intentional infliction of emotional distress, defamation or any other tortious conduct or any Claims under the federal or state securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Clarion Technologies Inc/De/)

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Release of Prior Claims. The Seller Sellers hereby releases release the Company, Buyer and their respective subsidiaries, officers, directors, shareholders, employees and affiliates (collectively, the "Released Parties") of and from any and all claims, complaints, causes of action or demands of whatever kind, known or unknown (collectively, the "Claims"), which either of the Seller Sellers has or may have against the Released Parties for any actions, conduct, decisions, behavior or events relating to or arising out of either of the Seller's Sellers' status or relationship as an employee, officer, director or shareholder of the Company. The Seller understands Sellers understand that this release extends to, but is not limited to, Claims for breach of contract, breach of any express or implied promise, retaliation, breach of public policy, negligence, intentional infliction of emotional distress, defamation or any other tortious conduct or any Claims under the federal or state securities laws.

Appears in 1 contract

Samples: Stock Purchase Agreement (Clarion Technologies Inc/De/)

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