Protection of Confidential Information
You are reminded that, notwithstanding any provisions of this Agreement, you are subject to the terms of the Confidentiality, Developments, and Non-Competition Agreement executed by you on [DATE]. You acknowledge you have had access to information concerning the Company, its clients, and its affiliates, which is confidential or proprietary in nature (the Confidential Information). You agree that you will continue to protect the Confidential Information and that you will not use for your benefit or that of anyone else or disclose to anyone the Confidential Information in any manner. You acknowledge you have had access to information concerning the Company and its products and processes, which is confidential or proprietary in nature (the Confidential Information). You agree that you will continue to protect the Confidential Information and that you will not use for your benefit or that of anyone else or disclose to anyone the Confidential Information in any manner.
Return of Property
In signing this Agreement, you state that you have returned to the Company any and all documents, materials and information related to the business, whether present or otherwise, of the Company and its affiliates, and all copies, and all keys, credit cards, computers, phone, and other tangible property of the Company and its affiliates, in your possession or control.
The Company and you mutually agree not to make any statement or otherwise take any other action that would or might reasonably be interpreted as disparaging to the other. Notwithstanding the foregoing, nothing in this Agreement shall be construed to prevent either you or the Company from providing truthful testimony in any legal proceeding.
Release of Claims
The Company wants to be certain that this Agreement will resolve any and all concerns that you might have and therefore requests that you carefully consider the terms of this Agreement, including the release of claims set forth below. This is an important legal document, and, accordingly, the Company encourages you to seek the advice of an attorney before you sign this Agreement.
Except as specifically described in this Agreement, this Agreement constitutes the entire agreement between you and the Company and replaces all prior and contemporaneous agreements, communications and understandings, whether written or oral, with respect to your employment and its termination and all related matters.
In exchange for the consideration provided you under this Agreement, including the severance benefits described above, which you acknowledge you would not otherwise be entitled to receive, you hereby release, waive and discharge his right to assert any legal claim or right, known or unknown, that arose on or before the Effective Date (as defined below), against the Company and its affiliates, and all of their respective past and present directors, trustees, officers, shareholders, employees, agents, successors and assigns, both individually and in their official capacities arising from any conduct by the Company or any of the Companys affiliates, parents, subsidiaries, directors, officers, shareholders, creditors, insurers, representatives, agents, or employees.
The claims you are releasing include, without limitation, any and all claims arising out of or related to your employment with the Company and your separation from employment with the Company. Such claims include, without limitation, any claims under the Massachusetts Fair Employment Practices Act,