Common use of Release Extends to Both Known and Unknown Claims Clause in Contracts

Release Extends to Both Known and Unknown Claims. This release covers both claims that ▇▇▇▇▇ knows about and those ▇▇▇▇▇ does not know about. ▇▇▇▇▇ understands the significance of this release of unknown claims and his waiver of any statutory protection against a release of unknown claims. ▇▇▇▇▇ expressly waives the protection of any such governmental statutes or regulations. More particularly, and without limitation, ▇▇▇▇▇ acknowledges that ▇▇▇▇▇ has read and is familiar with and understands the provisions of Section 1542 of the California Civil Code, which provides: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN TO HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR."

Release Extends to Both Known and Unknown Claims. This release covers both claims that ▇▇▇▇▇▇▇▇▇▇ knows about and those ▇▇▇▇▇▇▇▇▇▇ does not know about. ▇▇▇▇▇▇▇▇▇▇ understands the significance of this his release of unknown claims and his waiver of any statutory protection against a release of unknown claims. ▇▇▇▇▇▇▇▇▇▇ expressly waives the protection of any such governmental statutes or regulations. More particularly, and without limitation, ▇▇▇▇▇▇▇▇▇▇ acknowledges that ▇▇▇▇▇▇▇▇▇▇ has read and is familiar with and understands the provisions of Section 1542 of the California Civil Code, which provides: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN TO HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR."

Release Extends to Both Known and Unknown Claims. This release covers both claims that ▇▇▇▇▇▇▇▇ knows about and those ▇▇▇▇▇▇▇▇ does not know about. ▇▇▇▇▇▇▇▇ understands the significance of this release of unknown claims and his waiver of any statutory protection against a release of unknown claims. ▇▇▇▇▇▇▇▇ expressly waives the protection of any such governmental statutes or regulations. More particularly, and without limitation, ▇▇▇▇▇▇▇▇ acknowledges that ▇▇▇▇▇▇▇▇ has read and is familiar with and understands the provisions of Section 1542 of the California Civil Code, which provides: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN TO HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR."" ▇▇▇▇▇▇▇▇ EXPRESSLY WAIVES ANY RIGHT OR CLAIM OF RIGHT ▇▇▇▇▇▇▇▇ MAY HAVE UNDER SECTION 1542 OF THE CALIFORNIA CIVIL CODE.