Common use of Release of Unknown Claims Clause in Contracts

Release of Unknown Claims. Executive recognizes that he may have some claim, demand, or cause of action against the Releasees relating to any Claim of which he is totally unaware and unsuspecting and which is given up by the execution of this Agreement. It is Executive's intention in executing this Agreement with the advice of legal counsel that this Agreement will deprive him of any such Claim and prevent Executive or any Derivative Claimant from asserting the same. The provisions of any local, state, federal, or foreign law, statute, or judicial decision providing in substance that this Agreement shall not extend to such unknown or unsuspecting claims, demands, or damages, are hereby expressly waived.

Appears in 8 contracts

Samples: Change of Control and Restrictive Covenant Agreement (PRG Schultz International Inc), Change of Control and Restrictive Covenant Agreement (PRG Schultz International Inc), Change of Control and Restrictive Covenant Agreement (PRG Schultz International Inc)

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Release of Unknown Claims. Executive recognizes that he may have some claim, demand, or cause of action against the Releasees relating to any Claim of which he is totally unaware and unsuspecting and which is given up by the execution of this Agreement. It is Executive's ’s intention in executing this Agreement with the advice of legal counsel that this Agreement will deprive him of any such Claim and prevent Executive or any Derivative Claimant from asserting the same. The provisions of any local, state, federal, or foreign law, statute, or judicial decision providing in substance that this Agreement shall not extend to such unknown or unsuspecting claims, demands, or damages, are hereby expressly waived.

Appears in 3 contracts

Samples: Separation and Release Agreement, Release Agreement (PRG Schultz International Inc), Release Agreement (PRG Schultz International Inc)

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Release of Unknown Claims. Executive recognizes that he may have some claim, demand, or cause of action against the Company Releasees relating to any Claim of which he is totally unaware and unsuspecting and which is given up by the execution of this Agreement. It is Executive's intention in executing this Agreement with the advice of legal counsel that this Agreement will deprive him of any such Claim and prevent Executive or any Derivative Claimant from asserting the same. The provisions of any local, state, federal, or foreign law, statute, or judicial decision providing in substance that this Agreement shall not extend to such unknown or unsuspecting claims, demands, or damages, are hereby expressly waived.

Appears in 2 contracts

Samples: Separation and Release Agreement (PRG Schultz International Inc), Separation and Release Agreement (PRG Schultz International Inc)

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