Terms of Release. Except for the obligations expressly set forth in this Agreement, and in exchange for the Transition Period employment and other consideration that is being provided to you under this Agreement to which you are not otherwise entitled, you hereby release, acquit and forever discharge the Company, its parents and subsidiaries, and its and their respective officers, directors, agents, servants, employees, attorneys, shareholders, successors, assigns and affiliates, of and from any and all claims, liabilities, demands, causes of action, costs, expenses, attorneys’ fees, damages, indemnities and obligations of every kind and nature, in law, equity, or otherwise, known and unknown, April 21, 2005 Page 4 suspected and unsuspected, disclosed and undisclosed, arising out of or in any way related to agreements, events, acts or conduct at any time prior to and including the date you sign this Agreement, including but not limited to: all such claims and demands directly or indirectly arising out of or in any way connected with your employment with the Company, that any other agreements or demands related to salary, performance or other bonuses, commissions, stock, stock options, or any other ownership interests in the Company, vacation pay, fringe benefits, expense reimbursements, severance pay, or any other form of benefit or compensation; claims pursuant to any federal, state or local law, statute, or cause of action including, but not limited to, the federal Civil Rights Act of 1964, as amended; the federal Employee Retirement Income Security Act of 1974, the federal Americans with Disabilities Act of 1990; the California Fair Employment and Housing Act, as amended; tort law; contract law; wrongful discharge; discrimination; harassment; fraud; defamation; emotional distress; and breach of the implied covenant of good faith and fair dealing.
Terms of Release. As a condition to the Company’s obligation to pay or provide termination payments or benefits, the Executive irrevocably and unconditionally releases, acquits and forever discharges the Company, its affiliated and related corporations and entities, and each of their predecessors and successors, and each of their agents, directors, officers, trustees, attorneys, present and former employees, representatives, and related entities (collectively referred to as the “Released Entities”) from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, actions, causes of action, suits, rights, demands, costs, losses, damages and expenses (including attorneys’ fees and costs actually incurred) arising out of or in connection with his employment with or termination from the Company, which the Executive now has, owns or holds, or claims to have, own or hold, or which at any time heretofore, had owned or held, or claimed to have owned or held, or which the Executive at any time hereafter may have, own or hold, or claim to have owned or held against the Released Entities, based upon, arising out of or in connection with his employment with or termination from the Company up to the date of this Release, including but not limited to, claims or rights under any federal, state, or local statutory and/or common law in any way regulating or affecting the employment relationship, including but not limited to Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the Age Discrimination in Employment Act and any other federal, state, local statutory and/or common law regulating or affecting the employment relationship. The Executive acknowledges and understands that the termination payment or benefits to be provided to the Executive constitute a full, fair and complete payment for the release and waiver of all of the Executive’s possible claims arising out of or in connection with his employment with or termination from the Company.
Terms of Release. As used herein, “
Terms of Release. Releasors, for themselves and their respective affiliates, members, managers, officers, successors, agents, legal representatives and assigns (collectively, the “Releasing Parties”), irrevocably and unconditionally release and waive all claims, liabilities, obligations and causes of action of any nature whatsoever, known or unknown, suspected or unsuspected, liquidated or unliquidated, that any of them has or may have or might hereafter have or assert following the Closing against all or any of Buyer, Hurco and their respective Affiliates (collectively, the “Released Parties”) arising out of, related to, or in any way connected with or based upon, or in any way seeking to obtain payment of, any Intercompany Obligations owed or purported to be owed to all or any of Releasors (the “Released Claims”). The Released Claims include, without limiting in any respect the generality of the term, all claims based on the theory that any of the Released Parties assumed any of the Intercompany Obligations or is a successor to the liability of Seller thereon. The Releasing Parties will not pursue (in any legal, equitable or other action) any of the Released Parties for any Released Claims. The release and waiver granted to the Released Parties in this Section 1 does not in any respect release, waive, extinguish, alter or affect the liability and obligations of Seller to the Releasing Parties for the payment and satisfaction of any Intercompany Obligations. As used in this Section 1, the terms “Intercompany Obligations” and “Affiliates” shall have the meanings ascribed to them respectively in the Purchase Agreement.
Terms of Release. This general release is entered into by Xxxx X. Xxxxxxxxx (the “Executive”) with respect to his employment by, and his services to, Era Group Inc. (the “Company”), as of the date hereof (the “General Release”), pursuant to the terms of the Separation and Consulting Agreement dated as of the date hereof, and to which this General Release is attached (the “Separation Agreement”), which provides the Executive with certain significant benefits, subject to the Executive's executing this General Release.
Terms of Release. This general release is entered into by and between Xxxx Xxxxxxxx (“the Executive”) and SEACOR Holdings Inc. (the “Company”), as of the date hereof (this “General Release”), pursuant to the terms of the Separation and Consulting Agreement dated as of January 27, 2016, and to which this General Release is attached (the “Separation Agreement”), which provides the Executive with certain significant benefits, subject to the Executive’s executing this General Release.
Terms of Release. This general release is entered into by and between Xxxxxx Xxxxxxxx (“the Executive”) and Era Group, Inc. (the “Company”), as of the date hereof (the “General Release”), pursuant to the terms of the Separation and Consulting Agreement dated as of the date hereof, and to which this General Release is attached (the “Separation Agreement”), which provides the Executive with certain significant benefits, subject to the Executive’s executing this General Release.
Terms of Release. 10 SECTION 4.2
Terms of Release. As additional consideration for Celtic's performance under this Agreement, the Credit Parties do, for themselves and their heirs, executors, administrators, employees, representatives, shareholders, predecessors, subsidiaries, affiliates, parents, successors-in-interest, transferees, assigns, officers, directors, managers, servants, employees, insurers, underwriters, attorneys and agents, now and in the future, and for all persons acting by, through, under or in concert with them, and each of them, hereby release, discharge and hold harmless Celtic and its respective past, present and future administrators, affiliates, agents, assigns, attorneys, directors, employees, executors, heirs, officers, parents, partners, predecessors, representatives, parents, shareholders, subsidiaries and successors, and each of them, and all persons acting by, through, under or in concert with one or more of them (the "Released Parties"), from and against any and all liabilities, claims, obligations, counterclaims, security arrangements, controversies, damages, judgments, awards, actions and causes of action whatsoever, whether known or unknown, liquidated or unliquidated, fixed or contingent, direct or indirect, that the Credit Parties ever had, now have or claim or could claim to have arising out of, related to or in any way connected with any of the Loan Agreements, any of the Guaranties, any of the documents, instruments and/or agreements executed in connection therewith, the existing indebtedness and/or any of the Credit Parties' credit relationships with Celtic, from the beginning of time through and including the Closing Date (the "Released Matters").
Terms of Release. As consideration for the payments to be made to the Executive pursuant to Sections 5(c)(ii) and 5(c)(iii) of the Employment Agreement, the Executive, for himself, and his assigns, heirs and executors, does hereby forever and unconditionally release the Company and its affiliates and subsidiaries, and each of their respective past or present officers, managers, directors, employees, agents and attorneys, from any and all claims, actions, causes of action, suits, claims, counterclaims, charges, complaints, demands, liabilities or obligations of any kind whatsoever, whether known or unknown, relating to or arising out of the termination, separation, retirement or resignation of his employment with the Company or any such entities. The Executive agrees that such entities may plead this release as a complete bar to any action or suit before any court or administrative body with respect to any claim released herein.