Common use of Parties Released Clause in Contracts

Parties Released. For purposes of this Agreement, the term “Releasees” means Ascent Solar, its past and present parents, subsidiaries, divisions, and affiliated entities; their respective predecessors, successors, assigns, benefit plans, and plan administrators; and their respective past and present shareholders, members, partners, directors, managers, trustees, officers, employees, agents, independent contractors, attorneys and insurers.

Appears in 2 contracts

Sources: Separation Agreement (Ascent Solar Technologies, Inc.), Separation Agreement (Ascent Solar Technologies, Inc.)