The "Release of all claims" clause is a provision in a contract where one party agrees to relinquish any potential legal claims against the other party, often in exchange for compensation or other considerations. This clause is typically used to prevent future litigation over disputes related to the contract or its subject matter.
General Release of All Claims. For and in consideration of the payment to ASSOCIATE of the ADDITIONAL BENEFITS set forth in Section 2 above, which ASSOCIATE acknowledges constitutes good, sufficient and valuable consideration, over and above any consideration to which ASSOCIATE is otherwise entitled, ASSOCIATE hereby irrevocably and unconditionally, except as provided herein, agrees to waive and release TUPPERWARE and the other Released Parties (as defined below) from all actions, causes of action, claims and demands whatsoever, whether in law or in equity and whether currently known or unknown, arising from or related to any act, omission, or thing occurring or existing at any time on or prior to the date of the execution of this SEPARATION AGREEMENT. This release of all claims includes, without limitation, all claims under Title VII of the Civil Rights Acts of 1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act (“ADEA”), the Equal Pay Act of 1963, the Older Workers Benefit Protection Act of 1990, the Americans with Disabilities Act (“ADA”), the Family and Medical Leave Act (“FMLA”), the Employee Retirement Income Security Act of 1974 (“ERISA”), the Worker Adjustment and Retraining Notification Act (“WARN Act”), Executive Order 11246, the Florida Civil Rights Act, Florida Statutory Provision Regarding Retaliation/Discrimination for Filing a Workers Compensation Claim, Florida Whistleblower Act, Florida Minimum Wage and Wage Payment Statutes, Florida Wage Discrimination Law, Florida’s Domestic Violence Leave Law, Florida's Preservation and Protection of the Right to Keep and Bear Arms in Motor Vehicles Act, those other provisions of the Florida Statutes that lawfully may be released, all other claims for employment discrimination, harassment, retaliation or wrongful termination, all claims related to or arising out of ASSOCIATE'S employment with or retirement from TUPPERWARE, all claims for compensation of any kind, and all claims under any other federal, state, local or international law, regulation, ordinance, common law doctrine or other source of law. ASSOCIATE confirms that he/she has not filed any legal proceeding(s) against any of the Released Parties, and if he/she has any pending legal proceedings against any of the Released Parties ASSOCIATE shall immediately withdraw such claims with prejudice. ASSOCIATE also confirms he/she is the sole owner of the claims released herein, has not transferred any such claims to anyone else, and has the full right to grant the releases and agreements in this SEPARATION AGREEMENT. In the event of any further proceedings based upon any released matter, ASSOCIATE agrees that the Released Parties shall not have any further monetary or other obligation to ASSOCIATE.
In consideration of the commitments made by Tupperware herein, associate knowingly and voluntarily agrees to the provisions of this separation agreement and release of all claims. Associate is signing this separation agreement voluntarily, with full knowledge of its significance, and with the intent to be bound by it.
Settlement and Release of All Claims Agreement On February 3, 2020, the Registrant and NPE entered into a Settlement and Release of All Claims Agreement. In exchange for a complete release of all claims, the Registrant and NPE (1) agreed to reduce the Registrant’s interest in NPE from 20% to 5%; (2) the Registrant agreed to pay NPE a total of $85,000 as follows: $35,000 concurrent with the execution of the Settlement and Release of All Claims Agreement, and $25,000 no later than the 5th calendar day for each of the two months following execution of Settlement and Release of All Claims Agreement; and, (3) to retire the balance of the Registrant’s original valuation obligation from the material definitive agreement, representing a shortfall of $56,085.15, in a convertible promissory note issued by the Registrant, with terms allowing NPE to convert the note into common stock of MCOA at a 50% discount to the closing price of MCOA’s common stock as of the maturity date.
SEPARATION AGREEMENT AND GENERAL RELEASE OF ALL CLAIMS This Separation Agreement and Release (“Agreement”) is entered into by and between Gregory Billings (“Executive”), an individual residing in the State of Illinois, and Calix, Inc., a Delaware corporation (the “Company”). Executive and Company are together referred to as the “parties” in this Agreement. In consideration of the covenants set forth below the parties agree as follows: 1. Separation of Employment. (a) Separation Date. Executive and the Company acknowledge and agree that Executive’s employment with the Company is terminated effective September 6, 2019 (the “Separation Date”).
This release of all claims includes, but is not limited to, a release of all claims or rights arising out of or in connection with your employment with the Company or the termination of that employment. This release of all claims also includes a release of any claim or right to further wages, compensation, benefits, damages, penalties, attorneys’ fees, costs, or expenses of any kind from the Company or any of the other Released Parties. You fully understand and acknowledge that this general release of all claims means that you are forever giving up and waiving all claims and rights, known or unknown, you may have against the Company or any of the other Released Parties based on any conduct that occurred on or before the date you signed this Agreement.
SEVERANCE, RELEASE OF ALL CLAIMS, AND NONCOMPETITION AGREEMENT This Severance, Release of All Claims and Noncompetition Agreement ("Agreement") is entered into by and between Lisa M. Barton, hereinafter referred to, together with her heirs, executors, administrators, successors, assigns and personal representatives, as "Employee", and American Electric Power Service Corporation, hereinafter referred to, together with all its past, present and future affiliated, parent and/or subsidiary organizations and divisions, and all past, present and future officers, directors, members, employees and agents of each, in both their individual and representative capacities, as the "Company."
I agree to the terms of this Agreement, and I am voluntarily signing this release of all claims. I acknowledge that I have read and understand this Agreement, and I understand that I cannot pursue any of the claims and rights that I have waived in this Agreement at any time in the future.
Each payment is conditioned upon the execution of a release of all claims against the Company and its subsidiaries by the officer. Payment would be made over a period of one year.
RELEASE OF ALL CLAIMS (a)By accepting this Agreement, you agree that you are releasing and waiving your right to bring any legal claim of any nature against the Company. The claims you are giving up include, but are not limited to, claims related, directly or indirectly, to your employment relationship with the Company, including your separation from employment. This Agreement is intended to be interpreted in the broadest possible manner to include all actual or potential legal claims you may have against the Company, whether known or unknown, except as expressly provided otherwise in Paragraph 5(e). (b)Specifically, you agree that you are fully and forever giving up all of your legal rights and claims against the Company, whether or not presently known to you, that are based on events occurring before you sign this Agreement. You agree that the legal rights and claims you are waiving include all rights and claims under, as amended, Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act of 1967, the Rehabilitation Act of 1973, the Civil Rights Acts of 1866 and 1991, the Americans With Disabilities Act of 1990, the Genetic Information Nondiscrimination Act of 2008, the Equal Pay Act of 1963, the Sarbanes-Oxley Act of 2002, the New York State Human Rights Law, Federal and State False Claims Acts, and any similar federal, state, or local statute, regulation, order, or common law. You specifically agree that you are releasing claims of discrimination based upon age, race, color, sex, sexual orientation or preference, marital status, religion, national origin, citizenship, whistleblower status, veteran status, disability, protected activity, leave use, genetic predisposition or carrier status, and all other legally protected categories. (c)You also agree that the legal rights and claims you are giving up include your rights under, as amended, the Family and Medical Leave Act of 1993, the New York State Paid Family Leave Law, the California Paid Family Leave Act, the California Family Rights Act, the Employee Retirement Income Security Act of 1974 (ERISA), the federal Worker Adjustment and Retraining Notification Act of 1989 (WARN), the New York Worker Adjustment and Retraining Notification Act (NY WARN), the New York Whistleblower Law, the New York labor laws (except minimum wage and unemployment claims), and any similar federal, state, or local statute, regulation, order, or common law. In consideration of the promises and undertakings of the Company under this Agreement, you also acknowledge and agree that you have received (or will receive, upon receipt of the amounts described in Paragraph 1) all sums and benefits due you under any agreement (express or implied), the federal Fair Labor Standards Act (FLSA), the New York State Labor Law, and any other federal, state or local wage payment law or leave law. You further agree that the legal rights and claims you are giving up include all common law rights and claims, such as a breach of express or implied contract, tort (whether negligent or intentional), wrongful discharge, retaliation, constructive discharge, infliction of emotional distress, defamation, promissory estoppel, and any claim for fraud, omission, or misrepresentation. You also agree that you are giving up and forever releasing any right you may have to attorneys’ fees, compensatory or economic damages, equitable relief, emotional distress awards, liquidated damages, punitive damages or other compensation from the Company for any of the rights and claims released in this Paragraph 5.
SEPARATION AGREEMENT WITH GENERAL RELEASE OF ALL CLAIMS This Separation Agreement With General Release of All Claims (“Agreement”) is entered into by and between Todd Norbe (“Mr. Norbe”), and Biolase, Inc., a Delaware corporation (the “Company”), and is intended by the parties hereto to settle fully and finally any claims that Mr. Norbe may have against the Company and all obligations of the Company to Mr. Norbe, except as set forth in and incorporated into this Agreement.
15. Employee notice: Please read carefully before signing this severance, release of all claims, and noncompetition agreement. You have forty-five (45) calendar days within which to consider this agreement. Should you sign the agreement, you have the right to revoke it, in writing, for a period of seven (7) calendar days after you sign it. This agreement shall not become effective or enforceable until the seven-day revocation period has expired. You are advised to consult with an attorney prior to signing this agreement. You may have rights or claims arising under the Age Discrimination in Employment Act and/or Older Workers Benefit Protection Act. If you work in West Virginia, you are further advised that the toll-free number of the West Virginia State Bar Association is 1-800-642-3617.
GENERAL RELEASE OF ALL CLAIMS In consideration of the severance benefits to be provided to Hans-Peter Gerber by Sutro Biopharma, Inc. (the “Company”), pursuant to the terms of the letter you entered into with the Company dated as of 8/28/2023 (the “Agreement”), you, on your own behalf and on behalf of your heirs, executors, administrators, and assigns, hereby fully and forever release and discharge the Company and its directors, officers, employees, agents, successors, predecessors, subsidiaries, parent, stockholders, employee benefit plans and assigns (together called “the Releases’”), from all known and unknown claims and causes of action including, without limitation, any claims or causes of action arising out of or relating in any way to your employment with the Company, including the termination of that employment. Eight days after you sign (and do not revoke) this General Release of All Claims (“Release”), provided that it is not signed earlier than your cessation of employment, you will be entitled to the severance benefits or change of control benefits set forth in the Agreement, subject to any other requirements set forth therein or on Exhibit B thereto, that are conditioned on this Release.
A Release of All Claims is a legal document used to resolve disputes or settle claims between parties. It effectively releases one party from liability concerning any claims related to a specific incident, accident, or contractual situation. By signing this document, the claimant acknowledges that they have received adequate compensation or resolution and agree not to pursue further legal action pertaining to the incident in question.
A Release of All Claims should be used when you want to formally settle disputes, terminate potential lawsuits, or release liability for any claims:
The document ensures that both parties have a clear legal understanding that no further claims will be made arising from the mentioned incident.
When writing a Release of All Claims, it’s essential to include the following elements:
Identification of Parties: Name and details of both the releasor (the party receiving the settlement) and the releasee (the party being released from claims).
Incident Description: A clear description of the incident or circumstances giving rise to the release of claims.
Consideration: The amount or terms of settlement that the releasor will receive in exchange for the release.
Release Clause: A statement specifying that the releasor relinquishes all claims, rights, or demands against the releasee, whether known or unknown.
Governing Law: Reference to the jurisdiction under which the agreement is governed.
Signatures: Spaces for signatures of both parties, along with the dates.
Example: “In consideration for the sum of $10,000, the Releasor releases and forever discharges the Releasee from any and all claims arising out of the incident on May 5, 2023…”
Release of All Claims clauses or documents are typically found in the following types of contracts:
These documents ensure that all parties involved reach a mutual agreement to avoid any future litigation related to specific transactions or incidents.
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