viernes, 21 de agosto de 2009

Employee Final Release

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Employee Final Release

IN CONSIDERATION of the payment to me of the sum of $ ____________________ receipt of which is hereby acknowledged, I, __________________, on behalf of myself, my heirs, administrators and assigns (hereinafter collectively referred to as the "Releasor") hereby release and forever discharge, its parent, subsidiaries and affiliates and each of its and their respective officers, directors, employees, servants and agents, and their successors and assigns (hereinafter collectively referred to as the "Releasee") jointly and severally from any and all actions, causes of action, contracts and covenants, whether express or implied, claims and demands for damages, costs, interest, loss or injury of every nature and kind whatsoever arising, which I may heretofore have had, may now have or may hereinafter have and without limiting the generality of the foregoing, all claims in any way relating to the hiring of, the employment by or the termination of employment of the Releasor by the Releasee and I hereby specifically covenant, represent and warrant to the Releasee that I have no further claim against the Releasee for or arising out of my employment, or separation from the Company, or terms of such employment or employment separation by the Releasee; employee benefit plans whether or not arising under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"); any discrimination claim whether or not arising under any local, state or federal law or regulation, public policy or common law (including, with limitation, the Age Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, and the Older Workers Benefit Protection Act); or any state, federal or local statute, regulation, public policy, contract or tort principle in any way governing or regulating my employment, or termination, or terms of employment or termination by the Releasee.

It is expressly agreed and understood that this Agreement is a general release. Nothing contained in this Agreement is a waiver of any rights or claims (including any which may arise under the Age Discrimination in Employment Act) that may arise after the date of execution by me or which, as a matter of law, cannot be released or waived.

It is understood that the giving of the aforementioned consideration is deemed to be no admission of liability on the part of the said Releasee, said liability in fact being denied.

Therefore, I have executed this Release by signing this Agreement on ______________, in the presence of the witness whose signature is shown below.

____________________
Employee

____________________

Witness


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