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SEVERANCE AGREEMENT AND RELEASE

Release Agreement

SEVERANCE AGREEMENT AND RELEASE | Document Parties: RCN CORP /DE/ | RCN Telecom Services, Inc You are currently viewing:
This Release Agreement involves

RCN CORP /DE/ | RCN Telecom Services, Inc

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Title: SEVERANCE AGREEMENT AND RELEASE
Governing Law: Virginia     Date: 9/8/2009
Industry: Communications Services     Sector: Services

SEVERANCE AGREEMENT AND RELEASE, Parties: rcn corp /de/ , rcn telecom services  inc
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Exhibit 10.1

SEVERANCE AGREEMENT AND RELEASE

     THIS SEVERANCE AGREEMENT AND RELEASE (the “Agreement”) is made this 3rd day of September, 2009, by and between John D. Filipowicz (“Employee”) and RCN Telecom Services, Inc. (“Company”), together with each and every one of its predecessors, successors, directors, officers, employees and agents, whether present or former (collectively the “Releasees”).

     WHEREAS, Employee’s employment by the Employer will terminate effective August 21, 2009 (“Separation Date”);

     WHEREAS, the parties desire that Employee’s separation be on an amicable basis;

     In consideration of the mutual covenants and obligations contained herein, Employee and Company, each intending to be legally bound, agree as follows:

     1.  Separation Benefits . In consideration for the releases and other covenants set forth in this Agreement, the Company will provide Employee with the separation payment(s) and benefit(s) set forth on Exhibit A (the “Separation Benefits”). Employee acknowledges that the Company has no previous obligation to provide Employee the Separation Benefits.

     2.  Acknowledgement. Employee acknowledges that he or she has received all compensation due from the Company, including all vacation pay and other compensation due. Employee acknowledges that, if applicable, he or she has received proper compensation for any overtime hours worked. Employee acknowledges that he or she has been granted any leave time to which he or she believes he or she was entitled under the Family and Medical Leave Act or other laws.

     3.  Employee’s Release . Employee, on behalf of himself or herself, and on behalf of his or her descendants, dependents, heirs, executors, administrators, assigns, and successors hereby generally releases and discharges the Releasees from any and all suits, causes of action, complaints, obligations, demands, or claims of any kind, whether in law or in equity, direct or indirect, known or unknown, suspected or unsuspected (hereinafter “claims”), which Employee ever had or now has against the Releasees, or any one of them, arising out of or relating to any matter, thing or event occurring up to and including the date of this Agreement. Employee’s release specifically includes, but is not limited to:

          a. any and all claims for wages and benefits including, without limitation, salary, stock, options, commissions, royalties, license fees, health and welfare benefits, severance pay, vacation pay, and bonuses;

          b. any and all claims for wrongful discharge, breach of contract (whether express or implied), or for breach of the implied covenant of good faith and fair dealing;

 


 

          c. any and all claims for alleged employment discrimination on the basis of age, race, color, religion, sex, national origin, veteran status, disability and/or handicap, pregnancy, childbirth or related medical conditions, marital status and any and all other claims in violation of any federal, state or local statute, ordinance, judicial precedent or executive order, including but not limited to claims under the following statutes: Title VII of the Civil Rights Act of 1964, 42 U.S.C. §2000e et seq. , the Civil Rights Act of 1866, 42 U.S.C. §1981, the Age Discrimination in Employment Act, 29 U.S.C. §621 et seq ., the Older Workers Benefit Protection Act, 29 U.S.C. §626(f), the Americans with Disabilities Act, 42 U.S.C. §12101 et seq. , the Family and Medical Leave Act of 1993, 29 U.S.C. §2601 et seq . , the Employee Retirement Income Security Act of 1974, 29 U.S.C. §1001 et seq. , the Virginia Human Rights Act, Virginia Code § 2.1-714 et seq. , or any comparable statute of any other state, country, or locality;

          d. any and all claims under any federal, state or local statute or law;

          e. any and all claims in tort (including but not limited to any claims for misrepresentation, defamation, interference with contract or prospective economic advantage, intentional or negligent infliction of emotional distress, duress, loss of consortium, invasion of privacy and negligence); and

          f. any and all claims for attorneys’ fees and costs.

     4.  Effect of Release . Employee agrees and acknowledges:

          a. that this Agreement is intended to be a general release that extinguishes all claims by Employee against Releasees;

          b. that Employee is waiving any claims against Releasees arising under all federal, state and local statutes, ordinances and common law, including but not limited to any and all claims alleging personal injury, emotional distress or other torts, to the fullest extent permitted by law;

          c. that Employee is waiving all claims against Releasees, known or unknown, arising or occurring prior to and including the date of Employee’s execution of this Agreement;

          d. that by signing (and not revoking) this Agreement, Employee is permanently giving up, surrendering, and waiving any claim that Releasees subjected him to discrimination or harassment because of age, took any other adverse action against Employee because of age, or violated any other provision of the ADEA (or any similar law) in connection with Employee’s employment or termination from employment;

          f. that the Separation Benefits that Employee will receive in exchange for Employee’s waiver of the claims specified herein exceeds anything of value to which Employee is already entitled;

          g. that Employee was hereby informed by the Company in writing to consult with an attorney, and that Employee had at least 21 days to consider this Agreement;

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          h. that Employee has entered into this Agreement knowingly and voluntarily with full understanding of its terms and after having had the opportunity to seek and receive advice from counsel of Employee’s choosing; and

          i. that Employee has had a reasonable period of time within which to consider this Agreement.

Employee agrees not to apply for or seek employment by the Company. Neither this release nor the promise not to sue set out below should be construed, however, to prevent Employee from filing a claim based on rights that cannot be waived as a matter of law, such as, but not limited to, the right to claims for vested benefits under ERISA; the right to continued benefits in accordance with COBRA; any claim to receive workers’ compensation benefits or unemployment insurance, in accordance with applicable law; the right to challenge the knowing and voluntary nature of this Agreement under the Older Workers Benefit Protection Act (“OWBPA”); any claim to enforce the terms of this Agreement; or any claim which cannot be waived as a matter of law.

     5.  Covenant Not to Sue. Employee affirms that no charge, complaint or action exists in any forum brought by or on behalf of Employee against the Releasees and that Employee has not assigned any existing or potential claim that Employee purports to release to any third party. Further, Employee, on behalf of himself or herself, and his or her descendants, dependents, heirs, executors, administrators, assigns, and successors covenants that Employee will not at any time hereafter commence, maintain, or in any way cause, or advise to be commenced or prosecuted, or permit to be filed by any other person on her behalf, any grievance, charge, action (including any class action), suit, or proceeding (judicial or administrative) against Company, except as such waiver is specifically prohibited by law or regulation. Although this Agreement does not prevent Employee from filing a charge with the Equal Employment Opportunity Commission (or similar state agency) or participating in an investigation conducted by the Commission (or similar state agency), any claims for personal relief, including reinstatement or monetary damages, would be barred.

     6.  Remedies . All remedies at law or in equity shall be available to the Releasees for the enforcement of this Agreement. This Agreement may be pleaded as a full bar to the enforcement of any claim that Employee may assert against the Releasees.

     7.  No Admissions . Neither the execution of this Agreement by the Releasees, nor the terms hereof, constitute an admission by the Releasees of liability to Employee.

     8.  No Disparagement . Employee agrees to refrain from making disparaging comments about the Releasees, and further agrees not to disrupt the Releasees’ business activities in any manner whatsoever. Company agrees to use reasonable best efforts not to make any disparaging comments about the Employee.

     9.  Confidentiality of Agreement . Employee shall not disclose or publicize the terms or fact of this Agreement, directly or indirectly, to any person or entity, except to his or her accountant, attorney, spouse, and to others as required by law.

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     10.  Cooperation . Employee agrees to cooperate fully and promptly with any inquiries he gets from the Company, its Board of Directors, or any committee thereof pertaining to any and all matters relating to the management, operations, and/or financial affairs of the Company. Such cooperation shall include truthful interviews as requested by the Company and the providing of all requested documents, electronic data and/or other information. The Company will reimburse Employee for all reasonable expenses associated his cooperation.

     11.  Confidentiality; Non-Solicitation . In consideration for the consideration which Employee has or will receive from the Company under this Agreement, Employee agrees to be bound by the Restrictive Covenants set forth below.

          a. Definitions . Capitalized terms used herein will have the meanings set forth in the preamble of this Agreement, or as set forth below:

               (1) “ Proprietary I


 
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