Common use of Waiver and Release of All Claims Clause in Contracts

Waiver and Release of All Claims. In return for the Settlement Payment, Employee agrees to waive and release all legal claims that Employee may have against the Company except as specifically state below. This means that Employee gives up all legal rights to recover any additional amounts or obtain any additional relief from the Company. The additional amounts referred to in this paragraph include, but are not limited to, salary, bonus, severance, SUB Pay or other compensation other than the amount specified in this Agreement. By signing this Agreement, Employee is giving up all claims Employee may have on the date Employee signs this Agreement, whether or not Employee knows about those claims. The claims Employee is giving up include all claims based upon Employee’s employment with the Company or the termination of Employee’s employment; all claims based upon any contract or agreement between Employee and the Company; all claims under the Age Discrimination in Employment Act; and all claims based upon any other federal, state or local law. Nothing in this Agreement prohibits Employee from filing a charge with an administrative agency such as the Equal Employment Opportunity Commission ("EEOC") participating in any EEOC or other agency investigation, or providing information to an administrative agency. However, Employee agrees not to accept any money or other individual relief that might be awarded to Employee. If relief is nonetheless awarded, Employee agrees that Employer shall be entitled to recover an amount equal to the Settlement Payment from any money awarded to Employee in connection with such proceedings minus $200. However, nothing in this Agreement limits Employee’s right to receive money from the Securities and Exchange Commission as a reward for information.

Appears in 1 contract

Samples: General Release and Settlement Agreement (Cna Financial Corp)

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Waiver and Release of All Claims. In return for the Settlement Severance Payment, Employee agrees to waive and release all legal claims that Employee may have against the Company except as specifically state below. This means that Employee gives up all legal rights to recover any additional amounts or obtain any additional relief from the Company. The additional amounts referred to in this paragraph include, but are not limited to, salary, bonus, severance, SUB Pay or other compensation other than the amount specified in this Agreement. By signing this Agreement, Employee is giving up all claims Employee may have on the date Employee signs this Agreement, whether or not Employee knows about those claims. The claims Employee is giving up include all claims based upon Employee’s employment with the Company or the termination of Employee’s employment; all claims based upon any contract or agreement between Employee and the Company; all claims under the Age Discrimination in Employment Act; and all claims based upon any other federal, state or local law. Nothing in this Agreement prohibits Employee from filing a charge with an administrative agency such as the Equal Employment Opportunity Commission ("EEOC") or participating in any EEOC or other agency investigation, or providing information to an administrative agency. However, Employee agrees not to accept any money or other individual relief that might be awarded to Employee. If relief is nonetheless awarded, Employee agrees that Employer shall may be entitled to recover an amount equal to the Settlement Severance Payment from any money awarded to Employee in connection with such proceedings minus $200. However, nothing in this Agreement limits Employee’s right to receive money from the Securities and Exchange Commission as a reward for information.

Appears in 1 contract

Samples: Settlement Agreement (Cna Surety Corp)

Waiver and Release of All Claims. In return As consideration for the Settlement Paymentall payments and benefits specifically provided for herein, Employee agrees to waive and release all legal claims that Employee may have against the Company except as specifically state stated below. This means that Employee gives up all legal rights to recover any additional amounts or obtain any additional relief from the Company. The additional amounts referred to in this paragraph include, but are not limited to, salary, bonus, severance, SUB Pay or other compensation other than the amount specified in this Agreement. By signing this Agreement, Employee is giving up all claims Employee may have on the date Employee signs this Agreement, whether or not Employee knows about those claims. The claims Employee is giving up include all claims based upon Employee’s employment with the Company or the termination of Employee’s employment; all claims based upon any contract or agreement between Employee and the Company; all claims under the Age Discrimination in Employment Act; and all claims based upon any other federal, state or local law. Nothing in this Agreement prohibits Employee from filing a charge with an administrative agency such as the Equal Employment Opportunity Commission ("EEOC") or participating in any EEOC or other agency investigation, or providing information to an administrative agency. Initials of the Parties For the Company /s/TP Employee /s/RL However, Employee agrees not to accept any money or other individual relief that might be awarded to Employee. If relief is nonetheless awarded, Employee agrees that Employer shall Company may be entitled to recover an amount equal to the Settlement Payment amount payable under paragraph 2 of this Agreement from any money awarded to Employee in connection with such proceedings minus $200. However, nothing in this Agreement limits Employee’s right to receive money from the Securities and Exchange Commission as a reward for information.

Appears in 1 contract

Samples: General Release and Settlement Agreement (Cna Financial Corp)

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Waiver and Release of All Claims. In return As consideration for the Settlement Paymentall payments and benefits specifically provided for herein, Employee agrees to waive and release all legal claims that Employee may have against the Company except as specifically state below. This means that Employee gives up all legal rights to recover any additional amounts or obtain any additional relief from the Company. The additional amounts referred to in this paragraph include, but are not limited to, salary, bonus, severance, SUB Pay or other compensation other than the amount specified in this Agreement. By signing this Agreement, Employee is giving up all claims Employee may have on the date Employee signs this Agreement, whether or not Employee knows about those claims. The claims Employee is giving up include all claims based upon Employee’s 's employment with the Company or the termination of Employee’s 's employment; all claims based upon any contract or agreement between Employee and the Company; all claims under the Age Discrimination in Employment Act; and all claims based upon any other federal, state or local law. Nothing in this Agreement prohibits Employee from filing a charge with an administrative agency such as the Equal Employment Opportunity Commission ("EEOC") or participating in any EEOC or other agency investigation, or providing information to an administrative agency. However, Employee agrees not to accept any money or other individual relief that might be awarded to Employee. If relief is nonetheless awarded, Employee agrees that Employer shall Company may be entitled to recover an amount equal to Initials of the Settlement Payment Parties For the Company /s/ SL Employee /s/ PWW the amount payable under paragraphs 2 and 3 of this Agreement from any money awarded to Employee in connection with such proceedings minus $200. However, nothing in this Agreement limits Employee’s right to receive money from the Securities and Exchange Commission as a reward for information.

Appears in 1 contract

Samples: General Release and Settlement Agreement (Cna Financial Corp)

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