Rosetta Stone 2011 Annual Report Download - page 173

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the time Executive or it executes this Release. Executive and the Company acknowledge that their relationship precludes any
affirmative obligation of disclosure, and expressly disclaim all reliance upon information supplied or concealed by the adverse party
or its counsel in connection with the negotiation and/or execution of this Release.
(b) The parties warrant and represent that they have been offered no promise or inducement except as
expressly provided in this Release, and that this Release is not in violation of or in conflict with any other agreement of either party.
(c) All covenants and warranties contained in this Release are contractual and shall survive the closing of this
Release.
(d) This Release shall be binding in all respects upon, and shall inure to the benefit of, the parties' heirs,
successors and assigns.
(e) This Release shall be governed by the internal laws of the Commonwealth of Virginia, irrespective of the
choice of law rules of any jurisdiction.
(f) Should any provision of this Release be declared illegal or unenforceable by any court of competent
jurisdiction and cannot be modified to be enforceable, such provision shall immediately become null and void, leaving the remainder
of this Release in full force and effect. Notwithstanding the foregoing, if Section 2(a), above, is declared void or unenforceable, then
this Release shall be null and void and both parties shall be restored to the positions that they occupied before the Release's execution
(meaning that, among other things, all sums paid by the Company pursuant to Section 1, above, shall be immediately refunded to the
Company); provided that in such circumstances this Release and the facts and circumstances relating to its execution shall be
inadmissible in any later proceeding between the parties, and the statutes of limitations applicable to claims asserted in the proceeding
shall be deemed to have been tolled for the period between the Effective Date and 10 days after the date on which Section 2(a) is
declared unenforceable.
(g) This Release constitutes the entire agreement of the parties and a complete merger of prior negotiations
and agreements.
(h) This Release shall not be modified except in a writing signed by the parties.
(i) No term or condition of this Release shall be deemed to have been waived, nor shall there be an estoppel
against the enforcement of any provision of this Release, except by a writing signed by the party charged with the waiver or estoppel.
No waiver of any breach of this Release shall be deemed a waiver of any later breach of the same provision or any other provision of
this Release.
(j) Headings are intended solely as a convenience and shall not control the meaning or interpretation of any
provision of this Release.
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