Supercuts 2011 Annual Report Download - page 162

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have had against Regis are fully released and discharged by this agreement and that the only claims which he may hereafter assert
against Regis will be derived only from an alleged breach of the terms of the agreement or of any employee benefit plan of which he is
a participant.
18.
Employee Representations . You represent that you:
a.
you have the right and we have encouraged you to review all aspects of this agreement with an attorney of your choice;
b.
have had the opportunity to consult with an attorney of your choice and have either done so or freely chosen not to do so;
c.
have carefully read and fully understand all the provisions of this agreement; and
d.
are freely, knowingly, and voluntarily entering into this Separation and Non-Disparagement Agreement and General Release.
19.
Effective Date of Agreement . This agreement will become effective on the sixteenth day after you sign it, provided that you have not
rescinded the agreement.
20.
Valid Agreement . As stated above, you agree that this agreement and its releases fully comply with the ADEA. You also agree that
this agreement and its releases fully comply with the Minnesota Human Rights Act, and all other laws, statutes, ordinances, regulations,
and/or principles of common law governing releases.
21.
No Admission of Liability . Regis denies any and all liability to you. You understand and agree that this agreement is not an
admission of wrongdoing or liability, including, but not limited to, any violation of any federal, state, and/or local law, statute,
ordinance, contract, and/or principle of common law by Regis and/or any individuals and/or entities associated with Regis.
22.
Attorneys’ Fees . You agree that you are responsible for your own attorneys’ fees and costs, if any, incurred in any respect, including
but not limited to in connection: with your employment with Regis; with the termination of your employment with Regis; and with
negotiating and executing this agreement.
23.
Governing Law . This agreement shall be construed and enforced in accordance with the laws of the State of Minnesota and the laws
of the United States, where applicable.
5