General Release Of All Claims (Page 3 of 3) in pdf

General Release Of All Claims Page 3

In the event any person or entity asks EMPLOYEE about any such matters,

EMPLOYEE shall respond only that “the matter has been resolved,” and refuse to

discuss any such matters further. The damages arising out of any breach of this

confidentiality provision are and will be extremely difficult to ascertain, and therefore the

parties to this agreement agree that any breach of this paragraph will result in an award

of liquidated damages in the amount of $LIQUIDATED DAMAGES, in addition to any

other remedies available to EMPLOYER.

11.

EMPLOYEE acknowledges Company hereby has advised EMPLOYEE in

writing to discuss this Agreement with an attorney before executing it and that Company

has provided EMPLOYEE at least twenty-one (21) days within which to review and

consider this Agreement before signing it.

12.

The Parties acknowledge and agree that EMPLOYEE may revoke this

Agreement for up to seven (7) calendar days following the execution of this Agreement,

and that it shall not become effective or enforceable until the revocation period has

expired,. The Parties further acknowledge and agree that such a revocation must be in

writing, addressed to DEFENSE COUNSEL, and received not later than 5:00 p.m. on

the seventh (7th) day following execution of this Agreement by EMPLOYEE. If

EMPLOYEE revokes this Agreement, it shall not be effective or enforceable and

EMPLOYEE will not receive monies and benefits described above.

13.

If EMPLOYEE does not revoke this Agreement in the time frame

specified in Paragraph 16 above, the Agreement shall become effective at 12:01 a.m.

on the eighth (8th) day after it is signed by EMPLOYEE.

THE UNDERSIGNED HAS EXECUTED THIS RELEASE ON THE DATE

SHOWN BELOW, AND BY HER SIGNATURE BELOW ACKNOWLEDGES THAT SHE

HAS READ AND UNDERSTOOD THE ABOVE, AND THAT THIS IS A COMPLETE

RELEASE OF ALL CLAIMS:

Date:_____________

________________________

EMPLOYEE

Date:_____________

_________________________

EMPLOYER

General Release Of All Claims Page 3