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MRO » Topics » Section 4. Release of Claims by Marathon Group

This excerpt taken from the MRO 8-K filed Jun 16, 2005.

Section 4. Release of Claims by Marathon Group

 

The Marathon Group hereby unconditionally, fully and forever releases Stephen J. Lowden, his successor and assigns, from all claims, demands, causes of action or similar rights of any nature, whether

 

4


 

known or unknown, which they may have against Stephen J. Lowden for events, acts or omissions occurring prior to the execution of this agreement, including but not limited to those arising out of or related to his employment with any member of the Marathon Group.  In the event any member of the Marathon Group violates the terms of this release of claims, Stephen J. Lowden’s agreement to release those claims identified in Section 2 shall become null and void.  In the event Stephen J. Lowden breaches or violates any of the terms of this General Release, the release of claims by the Marathon Group in this Section 4 shall become null and void.

 

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