Common use of Your Release Clause in Contracts

Your Release. In consideration of the commitment being made by your Employers, to issue to you 62,500 shares of fully vested Urban Ag. Corp. (OTCBB: AQUM) post reverse split common stock, you hereby release and discharge the Employers with respect to any actions, omissions, matter or events relating to your employment with Employers, their directors, officers, shareholders, creditors, employees and agents, from and against any and all claims, actions, causes of action, damages, liabilities, promises, debts, losses, obligations, costs or expenses of any kind or nature, whether known or unknown, which you ever had, now have or hereafter may have, including but not limited to those arising from or related to your employment agreement, or any alleged violation of any covenant of good faith and fair dealing relative to your employment, or any applicable labor or employer-employee statute, regulation or ordinance, whether foreign, federal, state or local (including, by way of specificity but not of limitation, Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the Civil Rights Act of 1991, any amendments to such acts and any and all state and local discrimination laws). Notwithstanding the foregoing, the forgoing release shall not apply to any payment, compensations, benefits or other rights to which you are entitled under this Agreement.

Appears in 2 contracts

Sources: Resignation Agreement (Urban Ag. Corp.), Resignation Agreement (Urban Ag. Corp.)