Common use of Release of Rights Clause in Contracts

Release of Rights. The Employee, for himself, and his heirs, beneficiaries, executors, administrators, trustees, and any other legal or personal representatives, agents, successors or permitted assignees or transferees, further expressly agrees to and does hereby waive and relinquish any and all rights and benefits under all agreements superseded by this Agreement or otherwise waived under this Agreement and specifically releases the Employer and its affiliates and subsidiaries, from any obligations, duties and liabilities in relation thereto, including any matters covered or contemplated by California Civil Code Section 1542 which reads as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.”

Release of Rights. The Employee, for himself, and his heirs, beneficiaries, executors, administrators, trustees, and any other legal or personal representatives, agents, successors or permitted assignees or transferees, further expressly agrees to and does hereby waive and relinquish any and all rights and benefits under all agreements superseded by this Agreement or otherwise waived under this Agreement and specifically releases the Employer and its affiliates and subsidiaries, from any obligations, duties and liabilities in relation thereto, including any matters covered or contemplated by California Civil Code Section 1542 which reads as follows: “"A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.”"

Release of Rights. The Employee, for himself, and his heirs, beneficiaries, executors, administrators, trustees, and any other legal or personal representatives, agents, successors or permitted assignees or transferees, further expressly agrees to and does hereby waive and relinquish any and all rights and benefits under all agreements superseded by this Agreement or otherwise waived under this Agreement and specifically releases the Employer and its affiliates and subsidiariesparent holding company, from any obligations, duties and liabilities in relation thereto, including any matters covered or contemplated by California Civil Code Section 1542 which reads as follows: “"A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.”"