This excerpt taken from the GPS 8-K filed Jul 11, 2006.
(to be signed on or within one week after Termination Date)
I hereby release and discharge the The Gap, Inc. and all of its subsidiaries and affiliates (hereafter collectively referred to as the Company), its current and former officers, directors, employees, representatives, attorneys, subsidiaries, insurers, predecessors, affiliates, successors, and agents from any and all claims, liabilities or obligations of every kind and nature, whether now known or unknown, suspected or unsuspected, which I ever had, or now have, including but not limited to all claims arising out of or in connection with my employment or termination of employment, work or services for the Company. This release includes all federal and state statutory claims, federal and state common law claims (including those for contract and tort), and claims under any federal or state anti-discrimination statute or ordinance, including, without limitation, Title VII of the Civil Rights Act of 1964 (as amended), the Age Discrimination in Employment Act, 42 U.S.C. sections 1981 and 1983, the Employee Retirement Income Security Act of 1974, the Americans with Disabilities Act, the California Constitution, the California Fair Employment and Housing Act, the California Unfair Competition Act (California Business and Professions Code section 17200 et seq.), the California Unruh Act, and the California Labor Code.
I understand that Section 1542 of the Civil Code of the State of California provides as follows:
A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected the settlement with the debtor;
and in signing this Agreement, I hereby waive and relinquish all rights I may have under Section 1542 of the Civil Code of the State of California, or any similar statute or law.
I understand that I may revoke this Release within seven day of signing it, and that I must notify the Company in writing within seven days of my intent to do so.