Sample Resignation And General Release Agreement

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Oct 06

(m) Applicable Law/Salvatorial Clause. This Agreement is governed by and conforms to the laws of the State without regard to its conflict of laws rules. In the event of non-compliance with any provision of this Agreement, either Party may take legal action to enforce any provision or condition of this Agreement and/or seek damages for breach. If any provision of this Agreement is declared illegal or unenforceable by a court of competent jurisdiction and is not modified to be enforceable, with the exception of the language of general release, that provision shall immediately become null and void and unenforceable, so that the remainder of this Agreement shall remain in full force and effect. This is a general procedure of the Age Discrimination in Employment Act 1967 (ADEA). Most companies tend to follow this procedure even when the employee is under the age of 40 to ensure safety and promote applicability. Check with a lawyer to determine how long the employee can sign the agreement and then revoke their acceptance. As a general rule, the employee has a period within which he or she can revoke this agreement (check with an employment counsellor to determine the amount of this period for each situation). Therefore, payment should only take place after the expiry of that period. This Agreement contains the entire agreement between the Parties with respect to the separation of the Employee from the Employment Relationship and the subject matter of this Agreement and supersedes all prior and simultaneous agreements, understandings, assurances and warranties between the Parties, except in Section [9] of this Agreement.

The Parties understand and continue to agree that this Agreement may only be modified or modified by a written agreement duly signed and executed by both Parties. This document assumes that there is no separate agreement between the company and the employee regarding separation, severance pay or other termination benefits. You should contact a lawyer to find out if there is such an agreement. (h) assignment of rights. Each Party represents and warrants that it has the power and authority to enter into this Agreement and that it has not assigned any of the rights released therein, otherwise assigned or attempted to transfer it. This is an agreement between me and Associated Banc-Corp or a subsidiary or related company of Associated Banc-Corp (“associated”) from May 1 to May 27, 2012 (“the Agreement”): this resignation and general publication agreement (“Agreement”) sets out the terms of the termination of the employment relationship of Mr. J. Schifsky of Xhibit Corp (“Xhibit”) and its subsidiaries SpyFire Interactive, LLC, closes. FlyReply Corp., Stacked Digital, LLC and Xhibit Interactive, LLC (together the “Company”).

As part of this agreement, the Company offers you benefits in exchange for your consent to waive and unblock any dispute or potential litigation that you have or may have against the Company and its subsidiaries. In consideration for the employee`s performance, non-cancellation and compliance with this Agreement, including the waiver and release of the rights referred to in Section 6, the Company agrees to grant the Employee the following benefits (“Separation Services”): you should inquire with a lawyer about the companies that should be covered by the Agreement…

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