RELEASE
RELEASE
This
document is a Release between me and bioMETRX, Inc. (the “Company”) for me to
receive certain benefits, of which I acknowledge I have received, from the
Company in exchange for a complete release.
I
am
entering into this Release in order to sever my relationship with the Company
and provide them with a complete release of any and all claims.
RELEASE
In
exchange for the benefits, I hereby
release and forever discharge bioMETRX, Inc., its subsidiaries and affiliates,
predecessors, and assigns and their respective benefit and severance plans,
plan
administrators and fiduciaries, representatives, present and former officers,
directors, stockholders, attorneys, agents and employees, and their heirs,
executors, administrators, successors and assigns (collectively, the Company
and
its “Related Person”), from any and all rights, claims, causes of action,
damages and liabilities of every kind whatsoever, known or unknown, suspected
or
unsuspected, which against them I or any of my executors, administrators,
successors or assigns ever had, now have or hereafter can, shall or may have
by
reason of any matter, cause or thing whatsoever arising from the beginning
of
time to the time I sign this Release.
This
release includes, but is not limited to:
(i)
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Any
rights or claims relating in any way to my employment relationship
with
the Company, or the termination of my employment, or any rights or
claims
arising under any tort, employment contract (express or implied),
public
policy, whistleblower law, wrongful discharge or any other obligation
including any claims arising under
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the
Age Discrimination in Employment Act of 1967, as amended, by the Older
Workers Benefit Protection Act;
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Title
VII of the Civil Rights Act of 1964, as amended;
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the
Civil Rights Act of 1991, as amended;
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the
Civil Rights Act of 1866;
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the
Americans With Disabilities Act of 1990, as
amended;
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the
Employee Retirement Income Security Act of 1974, as
amended;
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the
Family and Medical Leave Act of 1993;
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the
Equal Pay Act;
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the
Worker Adjustment Retraining and Notification
Act;
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the
National Labor Relations Act;
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the
Employee Retirement Income Security Act of 1964, or
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any
other federal, state or local law or ordinance (including, without
limitation, the New York State Human Rights Law, the New York City
Human
Rights Law, the New Jersey Law Against Discrimination, the conscientious
Employee Protection Act, the California Fair Employment and Housing
Act,
and the California Labor Code), or
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(ii)
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any
other rights or claims which might have been asserted by me including,
but
not limited to, any claims for wages, severance, bonuses, monetary
or
equitable relief or other damages of any kind, other employee fringe
benefits or attorneys’ fees, and any claims arising under Company
policies, welfare or benefit plans, or other employment practices.
This
release, however, will not affect my vested profit sharing savings
plan
benefits or other vested benefits.
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I
understand that any payment or benefits provided to me under the terms of this
Release do not constitute an admission by the Company that it has violated
any
law or legal obligation with respect to any aspect of my employment or
termination therefrom.
I
also
agree, to the extent consistent with applicable law, not to initiate any legal
action, charge or complaint (“Action”) against the Company in any forum
whatsoever. Further to the extent any such Action has been or is brought, I
expressly waive any claim to any form of monetary or other damages or any form
of recovery or relief in connection with any such Action, or in connection
with
any Action brought by a third party.
I
also
agree that I will not issue any communication, written or oral, that disparages,
criticizes or otherwise reflects adversely or encourages any adverse action
against the Company. I also agree that I will not divulge, communicate, or
in
any way make use of any confidential or proprietary information acquired during
my employment with the Company.
I
further
agree that I will cooperate fully with the Company in connection with any
existing or future litigation involving the Company, whether administrative,
civil or criminal in nature, in which and to the extent the company deems my
cooperation necessary.
Upon
signing this Release, I understand and agree that the release is intended to
be
a full and complete waiver of all claims, if any, which I may have and which
I
do not now know or suspect to exist in my favor against the Company or any
of
its Related Persons and that this Release extinguishes those claims. By signing
below, I am making a knowing and voluntary decision to waive and release any
and
all claims in exchange for the benefits offered by the Company. This Release
and
the Termination Agreement being executed simultaneously herewith constitutes
the
entire agreement between me and the Company concerning my employment and the
termination of my employment, and supersedes all prior discussions, agreements
and understandings of every kind between me and the Company.
The
Company recommends that I consult with an attorney prior to signing this
Release.
OTHER
INFORMATION
This
Release may not be modified or amended unless authorized and agreed to in
writing, and signed by me and approved by an authorized Company Officer. This
Release shall be governed by the laws of the State of New York, without
reference to its choice of law rules. If any clause of this Release should
ever
be determined to be unenforceable, it is agreed that this will not affect the
enforceability of any other clause or the remainder of this
Release.
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I
acknowledge that I have carefully read and fully understand all of the
provisions of this Release, and that I am entering into this Release freely,
knowingly and voluntarily in exchange for valuable consideration.
Xxxxxx Xxxx | /s/ Xxxxxx Xxxx | ||
Print Name |
Signature |
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0 Xxxxxxxx Xxxxxx, Xxxxxxx, XX 00000 | (516) 933-3713 | ||
Address |
Telephone No. |
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Date Signed: July 11, 2006 | |||
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Company
Authorization:
BIOMETRX,
INC.
By: /s/ Xxxx Xxxxxx | |||
Xxxx Xxxxxx, Chief Executive Officer |
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