Common use of Unknown Claims Released Clause in Contracts

Unknown Claims Released. The Executive understands that Executive is releasing claims that Executive may not know about. This is the Executive’s knowing and voluntary intent, even though the Executive recognizes that someday Executive might learn that some or all of the facts currently believed to be true are untrue and even though Executive might then regret having signed this Release. Nevertheless, the Executive assumes that risk and agrees that this Release shall remain effective in all respects in any such case.

Appears in 16 contracts

Samples: Change in Control Severance Agreement, Change in Control Severance Agreement, Change in Control Severance Agreement (Stewardship Financial Corp)

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Unknown Claims Released. The Executive understands that Executive he is releasing claims that Executive he may not know about. This is the Executive’s knowing and voluntary intent, even though the Executive he recognizes that someday Executive he might learn that some or all of the facts he currently believed believes to be true are untrue and even though Executive he might then regret having signed this ReleaseAgreement. Nevertheless, the Executive assumes that risk and agrees agree that this Release Agreement shall remain effective in all respects in any such case. Executive expressly waives all rights he might have under any law that is intended to protect him from waiving unknown claims, and he understands the significance of doing so.

Appears in 1 contract

Samples: Employment Agreement (Perfumania Holdings, Inc.)

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