Common use of Release of Unknown Claims Clause in Contracts

Release of Unknown Claims. In addition, Executive expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

Appears in 5 contracts

Samples: Employment Transition Agreement (Leap Wireless International Inc), Employment Agreement (Leap Wireless International Inc), Separation Agreement (Leap Wireless International Inc)

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Release of Unknown Claims. In addition, Executive expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN General Release does not extend to claims which a creditor does not know or suspect to exist in HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASEfavor at the time of executing the Release, WHICH IF KNOWN BY HIM which if known by him OR HER MUST HAVE MATERIALLY AFFECTED HIS must have materially affected his OR HER SETTLEMENT WITH THE DEBTORsettlement with the debtor.

Appears in 3 contracts

Samples: Severance Benefits Agreement (Leap Wireless International Inc), Severance Benefits Agreement (Leap Wireless International Inc), Employment Transition Agreement (Leap Wireless International Inc)

Release of Unknown Claims. In addition, Executive expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER HIM FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

Appears in 2 contracts

Samples: Severance Benefits Agreement (Leap Wireless International Inc), Form of Severance Benefits Agreement (Leap Wireless International Inc)

Release of Unknown Claims. In addition, Executive expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

Appears in 2 contracts

Samples: Confidential Retirement Agreement and General Release (Neotherapeutics Inc), Confidential Separation Agreement and General Release (Spectrum Pharmaceuticals Inc)

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Release of Unknown Claims. In addition, Executive expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.:

Appears in 1 contract

Samples: Confidential Retirement Agreement (Neotherapeutics Inc)

Release of Unknown Claims. In addition, Executive expressly waives all rights under Section 1542 of the Civil Code of the State of California, which reads as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH A CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

Appears in 1 contract

Samples: Confidential Separation Agreement and General Release (Neotherapeutics Inc)

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