Examples of Released Parties in a sentence
You hereby acknowledge and agree that any breach of your obligations under this Agreement, to the extent applicable, would cause the Company or any of the other Released Parties irreparable harm and any remedy at law for such breach or threatened breach would be inadequate, and that the non-breaching party or parties shall be entitled to injunctive relief (without having to post a bond) in the event of such breach or threatened breach, in addition to any other available rights and remedies.
Upon such determination that any term or other provision of this Release is invalid, illegal or unenforceable, this Release shall be enforceable as closely as possible to its original intent, which is to provide the Released Parties with a full release of all legally releasable claims through the date upon which Employee executes this Release.
The Executive hereby represents and warrants that, other than the Excluded Claims, the Executive is not aware of any claims the Executive has or might have against any of the Released Parties that are not included in the Released Matters.
In the event you violate the terms of this Section 2, in addition to any other rights and remedies available to the Company and/or any of the other Released Parties, you agree to (a) pay all costs and expenses incurred by any of the Company and/or any of the other Released Parties in the defense of any such action, lawsuit or arbitration, including reasonable attorneys’ fees; and (b) repay to the Company the Severance Benefit.
This is a general release that is intended to apply to all Claims Employee may have against the Released Parties through the date Employee executes this Release, except those Claims that cannot be waived pursuant to applicable laws.