HAS » Topics » WAIVER OF CLAIMS

This excerpt taken from the HAS 8-K filed Mar 15, 2007.

WAIVER OF CLAIMS


5.1

Employee acknowledges that he has carefully considered the facts and circumstances relating to the terms of his contract of employment, his employment with the Company and the termination thereof and agrees and warrants that he will not institute any proceedings or complaints before an Employment Tribunal or Court arising out of or in connection with his contract, his employment with the Company (or any Group Company) or its termination, or his holding of office in the Company (or any Group Company) or his loss of office in respect of any of the following specific claims:


(a)

any claim for unfair dismissal under Part X of the Employment Rights Act 1996, including, but not limited to any claim for unfair dismissal arising out of a contravention of Part 3 of the Employment Act 2002, and any claim for unfair dismissal under s.103A of the Employment Rights Act 1996;


(b)

a claim under the Disability Discrimination Act 1995, including a claim for discrimination, harassment or victimisation;


(c)

a claim under the Employment Equality (Age) Regulations 2006, including a claim for discrimination, harassment or victimisation; and


(d)

a claim under any provision of directly applicable European law.


5.2

Employee agrees that the terms of this Agreement are in full and final settlement of the claims set out in clause 5.1 and any other claims or rights of action that Employee has or may have against the Company or any Group Company or any of their current or former officers, directors, stockholders, affiliates, attorneys, agents or employees (the “Released Parties”) arising out of or relating in any way to Employee’s employment with the Company or its termination, whether under common law, contract, statute or otherwise, whether such claims are or could be known to the parties or in their contemplation at the date of this Agreement in any jurisdiction. Employee hereby fully, forever, irrevocably and unconditionally releases, remises and discharges the Released Parties from all such claims referred to in clause 5.1 and this clause 5.2; provided however, that Employee shall retain the right to enforce this Agreement according to its terms.


5.3

Employee warrants to the Company, having taken advice as to his rights and remedies from the Adviser, that all of the claims that may be available to him arising out of his employment or the termination thereof are detailed in this clause 5, and that following completion of this Agreement, there is no claim open to him in law, either before an Employment Tribunal or Court of competent jurisdiction.


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