EXHIBIT 10.24
GENERAL RELEASE
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Xxxxx Paper Company, a Pennsylvania corporation ("Xxxxx"), and Xxxxxxxx-
Xxxxx Corporation, a Delaware corporation ("Xxxxxxxx-Xxxxx"), together with
their respective subsidiaries and affiliates and the predecessors, successors or
assigns of any thereof (collectively, the "Releasing Persons"), hereby release
(NAME) (the "Executive"), his past, present or future attorneys, authorized
representatives, heirs, executors, administrators, spouses and family and the
successors or assigns of any thereof (collectively, the "Released Persons"),
from all claims, whether known or unknown, which any of the Releasing Persons
may currently have, have in the past had or may in the future have against the
Executive for or in connection with any act or failure to act occurring prior to
the effective time of the merger of Rifle Merger Co. into Xxxxx with respect to
the Executive's employment with Xxxxx or any of its subsidiaries or affiliates.
No legal action or other proceeding shall be initiated by any Releasing Person
with respect to any claim hereby released.
This General Release shall become operative at the effective time of such
merger.
Dated: July 16, 1995.
XXXXXXXX-XXXXX CORPORATION XXXXX PAPER COMPANY
By:____________________________ By:____________________________
