SettlementAgreementandReleaseofAllClaims所有权转让条约doc.docx
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SettlementAgreementandReleaseofAllClaims所有权转让条约doc.docx
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SettlementAgreementandReleaseofAllClaims所有权转让条约doc
SettlementAgreementandReleaseofAllClaims所有权转让协议-
ThisSettlementAgreementandReleaseofAllClaims(hereinafterAgreement)ismadeandenteredintobyandbetween:
_________(name)andhisheirs,administrators,agents,representatives,executors,successorsandassigns(hereinaftercollectivelyreferredtoas_________(name)andAAA,Inc.(AAA)andOracleCorporation,andeachoftheirofficers,administrators,agents,representatives,shareholders,directors,employees,executors,successors,assigns,subsidiaries,parentcompanies,predecessororsuccessorcompanies,oranyotherindividualsorentitiesrelatedtheretoorpotentiallyliablewithrespectto_________(name)’sclaims(hereinaftercollectivelyreferredtoastheCompany).
1._________(name)wasemployedbytheCompanyinthepositionofPresidentofAAA._________(name)’spositionasPresidentofAAAandhisemploymentwiththeCompanyendedwithhisresignationon_________,_________,_________(M,D,Y).
2.PotentialdisputesmayarisebetweentheCompanyand_________(name)relatingto_________(name)’semploymentrelationshipwiththeCompany,thechangesinhisemploymentstatus,_________(name)’scompensation,theterminationoftheemploymentrelationshipbetweenhimandtheCompanyandthecircumstancesattendantthereto.
3._________(name)andtheCompanydesirenowtosettlecompletelyandforalltimetheirpotentialdisputesandanyandallotherdisputesordifferencesbetweenthemregardinganymatterrelatedto_________(name)’semploymentrelationshipwiththeCompany,thechangesinhisemploymentstatus,_________(name)’scompensationandtheterminationoftheemploymentrelationshipbetweenhimandtheCompany.
4.Therefore,inconsiderationofthecovenantsandpromiseshereincontainedandforothervaluableconsideration,receiptofwhichisherebyacknowledged,thefollowingAgreementisenteredintobytheundersignedparties.
5.ThisAgreement,andcompliancewiththisAgreement,shallnotbeconstruedasanadmissionofliabilityonthepartofeitherparty.Suchliabilitybeingexpresslydenied,theparties’intentinthisAgreementistoavoidlitigation._________(name)herebyrepresentsthathehasneitherfilednorcausedtobefiledanypendingcharges,suits,claims,grievancesorotheraction(hereinafterreferredtoasclaims)relatedto_________(name)’semploymentrelationshipwiththeCompany,thechangesinhisemploymentstatus,_________(name)’scompensation,theterminationoftheemploymentrelationshipbetweentheCompanyand_________(name)oranyotherconductoftheCompanyoccurringpriortotheexecutionofthisAgreement.Notwithstandingtheabove,_________(name)agreesthatheshalldismissanyclaimswhichhavebeenfiled.
6._________(name)agreesnottofile,pursueorcooperateinthefilingorpursuitbyanyoneelseofanyclaimswhichareagainstorinvolvetheCompanyandwhichareinanywayrelatedto_________(name)’semploymentrelationshipwiththeCompany,thechangesinhisemploymentstatus,_________(name)’scompensation,theterminationoftheemploymentrelationshipbetweentheCompanyand_________(name)oranyotherconductoftheCompanyrelatingtoanyoftheforegoingoccurringpriortotheexecutionofthisAgreement._________(name)agreesthatshouldhelearnofanysuchclaimsbeingpursuedonhisbehalf,hewillusehisbesteffortstocausesuchclaimstobewithdrawn,dismissedorotherwiseterminatedwithprejudice.
7.Inexchangefor_________(name)’sexecutionofthisAgreement,theCompanyagreestoamend_________(name)’s_________,_________,_________(M,D,Y)EmploymentAgreementtoprovidethat_________(name)iseligibleforcertainbenefitsthereundernotwithstandinghis_________,_________,_________(M,D,Y)resignationdate._________(name)agreesthattheconsiderationsetforthhereinconstitutesfullcompleteandfinalsettlementofanyandall_________(name)’sclaims,includingbutnotlimitedtoanyclaimsarisingundertheAgeDiscriminationinEmploymentActof1967asamended,actualorpotential,knownorunknown,whichinanywayarisefromorarerelatedto_________(name)’semploymentrelationshipwiththeCompany,thechangesinhisemploymentstatus,_________(name)’scompensation,theterminationoftheemploymentrelationshipbetweentheCompanyand_________(name)oranyotherconductoftheCompanyoccurringpriortotheexecutionofthisAgreement.
8.Beginningon_________,_________,_________(M,D,Y),_________(name)hastheopportunity,underthetermsandconditionsofCOBRA,tocontinuemedicalinsuranceathisownexpense.
9._________(name)acknowledgeshiscontinuingobligationstotheCompanywithrespecttotheProprietaryInformationAgreement._________(name)agreestocontinueabidingbythetermsandconditionsoftheProprietaryInformationAgreement.
_________(name)furtheracknowledgeshisobligationstotheCompanyduringtheRestrictedPeriodasthattermisdefinedanddiscussedintheEmploymentAgreementdated_________,_________,_________(M,D,Y).
10._________(name)voluntarilywaivestheprovisionofSection1542oftheCaliforniaCivilCode,andanyotherprovisionorstatuteoflikeeffect,whichprovides:
Ageneralreleasedoesnotextendtoclaimswhichthecreditordoesnotknoworsuspecttoexistinhisfavoratthetimeofexecutingtherelease,whichifknownbyhimmusthavemateriallyaffectedhissettlementwiththedebtor.
_________(name)warrantsthathehasreadandunderstandstheaforesaidSection1542andhehashadtheopportunitytoconsultwithandbeadvisedbycounselregardingitsmeaningandeffectandhevoluntarilywaivesitsprovisionsandanyotherprovisionorstatuteoflikeeffect.
11.HavingsowaivedtheprovisionsofSection1542,andanyotherprovisionorstatuteoflikeeffect,_________(name)releasestheCompanyfromanyandallclaimsofanykind,whetherknownorunknown,actualorpotential,whichhenowhasormayhaveatanytimewhichinanywayrelateto_________(name)’semploymentrelationshipwiththeCompany,thechangesinhisemploymentstatus,_________(name)’scompensation,theterminationoftheemploymentrelationshipbetweentheCompanyand_________(name)andanyotherconductofthepartiesrelatingto_________(name)’semploymentandoccurringpriortotheexecutionofthisAgreement.
12._________(name)warrantsthathehasnotassigned,transferrednorpurportedtoassignortransferanyclaimagainsttheCompanythatarosepriortotheexecutionofthisAgreementandthathewillnotassignortransferorpurporttoassignortransferhereafteranysuchclaim.
13._________(name)acknowledgesthatheisherebyadvisedtoconsultwithandwarrantsthathehashadtheopportunitytoberepresentedbylegalcounselregardinghisclaims,otherpotentialclaims,andthisAgreement._________(name)freelyandvoluntarilyenterintothisAgreement.
14.Eachpartyshallpaytheirownattorneys’fees,ifany,incurredinconnectionwiththenegotiationanddraftingofthisAgreement.Eachpartyshallreleaseandforeverholdtheotherharmlessfromanyliabilitytotheirattorneysforpaymentofsuchfeespursuanttoanyagreementorunderstandingbetweeneachpartyandtheirattorneys.
15.ThepartieswarrantsthatinagreeingtothetermsofthisAgreement,theyhavenotreliedinanywayuponanyrepresentationsorstatementsoftheotherpartyregardingthesubjectmatterhereoforthebasisoreffectofthisAgreementotherthanthoserepresentationsorstatementscontainedherein.
16.ThisAgreementshallbegovernedbythelawsofCalifornia.
17.AnylegalactionorlegalproceedingrelatingtothisAgreementshallbeinstitutedinanystateorfederalcourtinSanFraAAAscoorSanMateoCounty,California.Thepartiesagreetosubmittothejurisdictionofandagreethatvenueisproperintheaforesaidcourtsinanysuchactionorproceeding.
18.IfanypartofthisAgreementshallbedeterminedtobeillegal,invalidorunenforceable,theremainingpartshallnotbeaffectedthereby,andtheillegal,unenforceableorinvalidpartsshallbedeemednottobeapartofthisAgreement.
19.ThisAgreementsetsforththeentireAgreementbetweenthepartiestheretoandsupersedesanyandallprioragreementsorunderstandings,writtenororal,betweenthepartiespertainingtothesubjectmatterhereof.Nootherpromisesoragreementsshallbebindinguponthepartieswithrespecttothissubjectmatterunlesscontainedhereinorseparatelyagreedtoinwritingbytheparties.
20.IntheeventthatlegalproceedingsareinitiatedforthepurposeofenforcingthetermsofthisAgreement,theprevailingpartyinanysuchproceedingshallbeentitledtoanawardofreasonableattorneys’feesandcostsincurredinbringingordefendingsuchaction.Itisfurtheragreedthattheprevailingpartyshallbeentitledtoanawardorreasonableattorneys’feesandcostsincurredincollectinganyjudgmentwhichresultsfromanyproceedingbroughttoenforcethetermsofthisAgreement.
21.TheCompany,afterreasonableinquiry,isnotcurrentlyawareofanyclaimsanddoesnotanticipateanyclaimsagainst_________(name).
22.NotwithstandinganyotherprovisionofthisAgreement,nothinginthisAgreementshallbedeemedtopreclude_________(name)orhisdesigneefromenforcingorestablishing,orlimiting_________(name)’sorhisdesignee’sabilitytoenforceorestablish,includingasagainsttheCompany,anyof_________(name)’sorhisdesignee’srightsrelatingtoownership,exploitationorprecludinginfringementof_________(name)’sorhisdesignee’sright,titleandinterestinandtotheintellec
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