Claims Agreement Sample Contracts

CLAIMS AGREEMENT Dated as of December 27, 2005
Claims Agreement • December 30th, 2005 • Main Street Banks Inc /New/ • Commercial banks, nec • Georgia

THIS CLAIMS AGREEMENT (“Agreement”) is by and between the undersigned, an officer and employee (the “Officer”) of Main Street Banks, Inc. and/or various of its Subsidiaries (individually and collectively, the “Company”) and is made in connection with the Agreement and Plan of Merger dated as of December 14, 2005 (the “Merger Agreement”) by and between BB&T Corporation (“BB&T”) and the Company, and is made as of December 27, 2005. The Officer and the Company are each a “Party”, and are “Parties” hereunder. Capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to them in the Merger Agreement.

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CORRECTIONAL SERVICES CORPORATION CHANGE IN CONTROL, RETENTION AND SEVERANCE AGREEMENT
Claims Agreement • July 15th, 2005 • Correctional Services Corp • Services-facilities support management services • Florida

CHANGE IN CONTROL, RETENTION AND SEVERANCE AGREEMENT (“Agreement”) made and entered into as of this 14th day of July, 2005, by and between CORRECTIONAL SERVICES CORPORATION, a Delaware corporation (the “Company”), and BERNARD A. WAGNER (“Employee”).

Hans Lidforss c/o Sensata Technologies, Inc. Attleboro, MA 02703 RE: SEPARATION AND RELEASE OF CLAIMS AGREEMENT BETWEEN HANS LIDFORSS AND SENSATA TECHNOLOGIES, INC.
Claims Agreement • May 2nd, 2023 • Sensata Technologies Holding PLC • Industrial instruments for measurement, display, and control • Delaware

This letter agreement is a Separation and Release of Claims Agreement (“Separation and Release Agreement” or “Agreement”) between you (“Employee”) and Sensata Technologies, Inc., a Delaware corporation (“Sensata” or the “Company”), which amends your Amended and Restated Employment Agreement, dated as of March 5, 2020 (the “Employment Agreement”). Employee and the Company shall each be referred to herein as a “Party” and collectively herein as the “Parties”.

SEPARATION & GENERAL RELEASE OF CLAIMS AGREEMENT
Claims Agreement • July 29th, 2011 • Verisign Inc/Ca • Services-computer programming services • Virginia

I, Christine Brennan, acknowledge that my employment with Verisign, Inc. and/or a subsidiary of Verisign, Inc. (collectively, “Verisign” or the “Company”) terminated on July 1, 2011 (the “Termination Date”). In connection with the termination of my employment and in consideration of the payments and benefits to be provided by Verisign, as described in Appendix A, including the attached Equity Summary Statement which is incorporated therein (the “Separation Package”), I hereby agree to be bound by the terms of this Separation & General Release of Claims Agreement (“Release Agreement”), as follows:

TERMS OF GYM USE AND WAIVER AND RELEASE OF CLAIMS AGREEMENT
Claims Agreement • March 27th, 2021 • New York

This Release of Liability is a binding legal contract: Read carefully and completely before signing and agreeing to its terms. It is a perpetual agreement that is in force on each visit to the Gravity Vault. I the undersigned adult individual, or parent or guardian of a minor, desire to use the Gravity Vault Indoor Rock Gym facility, owned and operated by ALBA CLIMBING, INC. ("GRAVITY VAULT") located at 40 Melville Park Road, Melville, NY 11747 (The Facility). In consideration for GRAVITY VAULT permitting me or the minor child/ward for whom I am signing on behalf of who I have guardianship of and the ability to sign on behalf of to use the facility, on this date or any other in the future, I have agreed to execute this Release of Liability and Assumption of Risk Agreement:

RE: SEPARATION and RELEASE OF CLAIMS AGREEMENT BETWEEN PAUL CHAWLA AND SENSATA TECHNOLOGIES, INC.
Claims Agreement • August 5th, 2020 • Sensata Technologies Holding PLC • Industrial instruments for measurement, display, and control • Delaware

This letter agreement is a Separation and Release of Claims Agreement (“Separation and Release Agreement” or “Agreement”) between you (“Employee”) and Sensata Technologies, Inc., a Delaware corporation (“Sensata” or the “Company”), which amends your Amended and Restated Employment Agreement, dated as of August 1, 2019 (the “Employment Agreement”). Employee and the Company shall each be referred to herein as a “Party” and collectively herein as the “Parties”.

ARTICLE I
Claims Agreement • January 24th, 2007 • Global Gold Corp • Gold and silver ores • Newfoundland and Labrador
FUEL TECH, INC. EMPLOYEE CONFIDENTIALITY AND ARBITRATION OF CLAIMS AGREEMENT
Claims Agreement • March 8th, 2022 • Fuel Tech, Inc. • Industrial & commercial fans & blowers & air purifing equip • Connecticut

In consideration of my employment by Fuel Tech, Inc. (the "Company"), a Massachusetts corporation headquartered at 300 Atlantic Street, Stamford, CT, or an affiliate or subsidiary thereof, or of a significant additional benefit arising out of such employment, I hereby covenant and agree as follows:

Re: Retention Agreement
Claims Agreement • March 20th, 2017 • Cerulean Pharma Inc. • Pharmaceutical preparations • Massachusetts

As you know, Cerulean Pharma, Inc. (the “Company”) is exploring the possibility of a number of business opportunities and transactions. We recognize and appreciate the contributions you have made to the Company during your employment and want you to remain committed to and focused on the tasks that you are assigned during this time.

Attleboro, MA 02703 RE: RETIREMENT AND RELEASE OF CLAIMS AGREEMENT BETWEEN JEFFREY COTE AND SENSATA TECHNOLOGIES, INC. Dear Jeffrey:
Claims Agreement • April 29th, 2024 • Sensata Technologies Holding PLC • Industrial instruments for measurement, display, and control • Delaware

This letter agreement is a Retirement and Release of Claims Agreement (“Retirement and Release Agreement” or “Agreement”) between you (“Employee”) and Sensata Technologies, Inc., a Delaware corporation (the “Company”). Reference is made to your Amended and Restated Employment Agreement, dated as of March 1, 2020 (the “Employment Agreement”). Employee and the Company shall each be referred to herein as a “Party” and collectively herein as the “Parties”.

EXHIBIT A TO SEPARATION AND RELEASE OF CLAIMS AGREEMENT MENTOR CORPORATION LOREN L. McFARLAND CONSULTING AGREEMENT
Claims Agreement • October 30th, 2007 • Mentor Corp /Mn/ • Orthopedic, prosthetic & surgical appliances & supplies • California

This Agreement is entered into as of October 27, 2007 by and between Mentor Corporation (the "Company") and Loren L. McFarland ("Consultant") (collectively referred to as the "Parties").

December 6, 2004 Lloyd R. Sorenson 1904 Chalk Rock Cove Austin, Texas 78735 Re: Severance Agreement Dear Skip:
Claims Agreement • March 30th, 2005 • Vought Aircraft Industries Inc • Wholesale-machinery, equipment & supplies • Texas

In order to secure your services in the position of Executive Vice President and Chief Financial Officer of Vought Aircraft Industries, Inc. (the “Company”) and in consideration or your accepting such position, the Company and you hereby agree as follows:

EX-10.1 2 d548946dex101.htm EX-10.1 NOTICE: YOU HAVE UP TO TWENTY-ONE (21) DAYS TO CONSIDER THIS AGREEMENT BEFORE DECIDING WHETHER TO SIGN IT. IN CONNECTION WITH YOUR CONSIDERATION OF THIS AGREEMENT, ADIENT US LLC HEREBY ADVISES YOU TO CONSULT WITH AN...
Claims Agreement • May 5th, 2020 • Michigan

This Separation and Release of Claims Agreement (“Agreement”) is entered between ADIENT US LLC (“Adient”) and ERIC MITCHELL (“Employee”). Employee enters into this Agreement on behalf of himself, his spouse, heirs, successors, assigns, executors, and representatives of any kind, if any.

EX-10.2 3 d338579dex102.htm SEVERANCE AND GENERAL RELEASE OF ALL CLAIMS AGREEMENT SEVERANCE AND GENERAL RELEASE OF ALL CLAIMS AGREEMENT
Claims Agreement • May 5th, 2020 • Texas

This Severance and General Release of All Claims Agreement (“Agreement”) is entered into between Penson Worldwide, Inc. (“Company”), and Kevin W. McAleer (“Executive”), collectively referred to as the “Parties.” This Agreement is effective on the eighth day after Executive executes this Agreement (“Effective Date”).

SETTLEMENT AND RELEASE OF CLAIMS AGREEMENT
Claims Agreement • October 20th, 2005 • Reliant Energy Inc • Electric services • California
Contract
Claims Agreement • May 5th, 2020 • Arizona

EX-10.1 2 separationagreement0819201.htm EXHIBIT 10.1 SEPARATION AND RELEASE OF CLAIMS AGREEMENT This Separation and Release of Claims Agreement (this “Agreement”) is entered into as of August 19, 2015 (the “Execution Date”) by and between AMERICAN RESIDENTIAL PROPERTIES, INC., a Maryland corporation (“Employer”) on behalf of itself, its subsidiaries and other corporate affiliates and each of their respective employees, officers, directors, owners and shareholders (collectively referred to herein as “Employer Group”), and CHRISTOPHER J. “JAY” BYCE (“Executive”) (Employer and Executive are collectively referred to herein as the “Parties”). WHEREAS, Executive’s last day of employment with Employer is August 31, 2015 and Executive shall execute any resignations from office or similar documents requested by Employer; WHEREAS, After August 31, 2015, Executive will not represent himself as being an employee or officer of Employer Group for any purpose; WHEREAS, except as otherwise set forth

EX-10.2 3 dex102.htm RELEASE OF ALL CLAIMS AGREEMENT - DENNIS BERMAN RELEASE OF ALL CLAIMS AGREEMENT
Claims Agreement • May 5th, 2020 • California

This Release of All Claims (“Agreement”) is made by and between Kintera, Inc. (“the Company”) and Dennis N. Berman (“Employee”) based on the following facts:

Note: Read This Before Using Document SETTLEMENT AND RELEASE OF CLAIMS AGREEMENT (NJ)
Claims Agreement • March 28th, 2022 • New Jersey

This Settlement and Release of Claims Agreement ("Agreement") is entered into by and between [EMPLOYER NAME], a [STATE OF INCORPORATION OR LOCATION] [TYPE OF ENTITY] ("Employer"), [on behalf of itself, [its parent[s], subsidiaries, and other corporate affiliates][, its joint employers, professional employer organizations (PEOs), and staffing agencies,] and [its/each of their respective] [present and former] employees, officers, directors, owners, shareholders, and agents[, individually and in their official capacities] (collectively referred to as the "Employer Group")], and [EMPLOYEE NAME] ("Employee")[, residing at [EMPLOYEE'S ADDRESS]] (Employer and Employee are collectively referred to as "Parties"), as of [DATE] ("Execution Date").

February 28, 2013
Claims Agreement • April 30th, 2013 • Flagstar Bancorp Inc • Savings institution, federally chartered

As you are aware, Flagstar Bank, FSB (the “Bank”), a wholly owned subsidiary of Flagstar Bancorp, Inc. (the “Company”), has entered into the following agreements: (1) the Transaction Purchase and Sale Agreement, dated as of December 31, 2012, between the Bank and CIT Finance LLC (the “CIT Agreement”) and (2) the Asset and Portfolio Purchase and Sale Agreement, dated February 5, 2013, between the Bank and Customers Bank (the “Customers Agreement”). The closings under the CIT Agreement and Customers Agreement require in many cases that the Bank obtain consents from borrowers, agents or swap counterparties. In addition, the closing under the Customers Agreement requires the receipt of the consent of the lessor of the Bank's Providence, Rhode Island office (the “Providence Office Consent”). The Bank would like to provide an incentive for you to remain employed by the Bank through April 30, 2013, so you may assist with supervising the process of obtaining the consents under the CIT Agreemen

CLAIMS AGREEMENT
Claims Agreement • August 10th, 2018

WHEREAS, Dealer resells certain of those tires from time to time to qualified divisions, branches, instrumentalities and agencies of the federal government of the United States and of the governments of the various States (the “Agencies”); and

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EXECUTION VERSION Separation and Release of Claims Agreement
Claims Agreement • May 5th, 2020 • Oregon

This Separation and Release of Claims Agreement (“Agreement”) is entered into, as of the last date both parties have signed this Agreement (the “Execution Date”), by and between Grow Capital, Inc., a Nevada corporation (the “Employer”), on behalf of itself, its subsidiaries, and other corporate affiliates, and each of their respective employees, officers, directors, owners, shareholders, and agents, individually and in their official capacities (collectively referred to as the “Employer Group”), and Wayne Zallen (the “Employee”), residing at 722 W. Dutton Road, Eagle Point, OR 97524 (the Employer and the Employee are collectively referred to as the “Parties”).

SETTLEMENT, SALE, AND MUTUAL RELEASE OF ALL CLAIMS AGREEMENT
Claims Agreement • November 12th, 2020 • Nevada
SEPARATION AND RELEASE OF CLAIMS AGREEMENT
Claims Agreement • October 18th, 2019 • Adient PLC • Motor vehicle parts & accessories • Michigan

This Agreement is made between ADIENT US LLC (“Adient”) and MARK A. SKONIECZNY JR. (“Employee”). Employee enters into this Agreement on behalf of himself, his spouse, heirs, successors, assigns, executors, and representatives of any kind, if any.

DOMESTIC SUBSIDENCE/HEAVE/LANDSLIP "CHANGE OF INSURER" CLAIMS AGREEMENT
Claims Agreement • July 20th, 2012

This document has been produced by the ABI to assist members in their handling of a particular matter. Adoption by members of any terms, standards, guidance, recommendations or similar statement contained in this document is voluntary and entirely at the discretion of each individual member.

ASSUMPTION OF RISK, WAIVER AND RELEASE OF CLAIMS AGREEMENT
Claims Agreement • June 13th, 2019

Understanding that engaging in the sport of basketball involves a substantial risk of personal injury, I warrant that I am in sufficient physical condition to engage in this activity, and agree to assume the risk of any injury I may suffer from participating in an on-campus evaluation of my basketball skills (“Evaluation”) conducted by the men’s varsity basketball team at Rice University (“Rice”).

ASSUMPTION OF RISKS, RELEASE OF LIABILITY AND WAIVER OF CLAIMS AGREEMENT
Claims Agreement • March 20th, 2015

By signing this document, I am waiving certain legal rights, including the right to sue or claim compensation from SNFW Fitness B.C Ltd. dba the STEVE NASH FITNESS WORLD AND SPORTS CLUB (the “SNFW Club”).

CERTAIN INFORMATION IN THIS EXHIBIT MARKED [****] HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.
Claims Agreement • November 25th, 2020 • SolarWindow Technologies, Inc. • Industrial organic chemicals • New York

This Separation, Consulting and Release of Claims Agreement (“Agreement”) is entered into by and between SolarWindow Technologies, Inc., a Nevada corporation (the “Company ”), on behalf of itself, its parent, subsidiaries, and other corporate affiliates, and each of their respective present and former employees, officers, directors, owners, shareholders, and agents, individually and in their official capacities (collectively referred to as the “Company Group”), and John A. Conklin (the “Executive”) (the Company and the Executive are sometimes collectively referred to as the “Parties” and individually as a “Party”) effective upon the expiration of the Revocation Period referenced in Section 5.2 below (the “Effective Date”).

EXHIBIT B TO CORPORATE EXECUTIVE SEVERANCE PAY PLAN RELEASE AND WAIVER OF CLAIMS AGREEMENT
Claims Agreement • March 12th, 2003 • Infocus Corp • Computer peripheral equipment, nec • California

THIS AGREEMENT is made and entered into this day of , by and between InFocus, an Oregon corporation (the "Company") and (the "Executive) in order to fully and completely resolve any and all issues that the Executive might have in connection with the Company.

FIRST AMENDMENT TO SEPERATION AND RELEASE OF CLAIMS AGREEMENT
Claims Agreement • April 17th, 2023 • Dragonfly Energy Holdings Corp. • Miscellaneous electrical machinery, equipment & supplies

This First Amendment to the Separation and Release of Claims Agreement, dated as of October 25, 2022 (the “Amendment”), is entered into by and between Dragonfly Energy Holdings Corp., a Delaware corporation, having its principal place of business at 1190 Trademark Drive #108, Reno, Nevada 89521 (“Employer”), and Sean Nichols, (“Employee”, and together with Employer, the “Parties”, and each, a “Party”).

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