MoneyGram 2011 Annual Report Download - page 240

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dealing; breach of fiduciary duty; promissory estoppel; Executive’s activities, if any, as a “whistleblower”; defamation; infliction of emotional
distress; fraud; misrepresentation; negligence; harassment; retaliation or reprisal; constructive discharge; assault; battery; false imprisonment;
invasion of privacy; interference with contractual or business relationships; any other wrongful employment practices; and violation of any
other principle of common law.
e. All claims for compensation of any kind, including without limitation, commission payments, bonus payments, vacation pay, expense
reimbursements, reimbursement for health and welfare benefits, and perquisites.
f. All claims for back pay, front pay, reinstatement, other equitable relief, compensatory damages, damages for alleged personal injury, liquidated
damages, and punitive damages.
g. All claims for attorneys’ fees, costs, and interest.
2. The Company acknowledges and agrees that Executive does not release any claims that the law does not allow to be waived by private agreement.
3. Executive acknowledges and agrees that even though claims and facts in addition to those now known or believed by him or her to exist may
subsequently be discovered, it is his or her intention to fully settle and release all claims he or she may have against the Company and the persons and
entities described above, whether known, unknown or suspected.
4. Executive relinquishes any right to future employment with the Company and the Company shall have the right to refuse to re−employ Executive,
in each case without liability of Executive or the Company.
5. Executive reaffirms his or her agreement to the Employee Trade Secret, Confidential Information and Post−Employment Restriction Agreement to
which Executive is a party.
6. Executive acknowledges that he or she has been provided at least twenty−one (21) days to review the Release and has been advised to review it
with an attorney of his or her choice and at his or her own expense. In the event Executive elects to sign this Release Agreement prior to this twenty−one
(21) day period, he or she agrees that it is a knowing and voluntary waiver of his or her right to wait the full twenty−one (21) days. Executive further
understands that he or she has fifteen (15) days after the signing hereof to revoke it by so notifying the Company in writing, such notice to be received by
within the fifteen (15) day period. Executive further acknowledges that he or she has carefully read this Release, knows and understands its
contents and its binding legal effect. Executive acknowledges that by signing this Release, he or she does so of his or her own free will and act and that it is
his or her intention that he or she be legally bound by its terms. Executive acknowledges that in deciding whether to sign this Release, he or she has not
relied upon any statements made by the Company or its agents. Executive further acknowledges that he or she has not relied on any legal, tax or accounting
advice from the Company or its agents in deciding whether to sign this Release.
2