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* * * [Name] agrees to release and discharge forever
Released Parties from all causes of action, claims, demands,
costs and expenses for damages which he/she now has, whether
known or unknown, on account of his/her employment with USAA
and its wholly owned subsidiaries and/or his/her retirement
from employment with USAA and its wholly owned subsidiaries.
His/her release includes, but is not limited to, any claims
of discrimination on any basis, including race, color,
national origin, religion, sex, age or handicap arising
under any federal, state, or local statute, ordinance, order
or law, including the Age Discrimination in Employment act,
and any claim that the Released Parties, jointly or
severally, breached any contract or promise, express or
implied, or any term or condition of [Name]'s employment,
and any claim for promissory estoppel arising out of
[Name]'s employment with USAA and its wholly owned
subsidiaries and any other issue arising out of his/her
employment with USAA and its wholly owned subsidiaries
and/or his/her retirement from such employment.
Leslie and Mattie signed the agreement on September 29,
1992; Charles signed the agreement on October 28, 1992; and Wayne
signed the agreement on July 22, 1992.
In addition to the releases, the parties have stipulated
that none of the participants had any preexisting claim of age
discrimination, or other unlawful discrimination, against USAA,
either formal or informal, written or oral, pending or inchoate,
at the time the releases were signed.
In exchange for participating in the retirement program,
each of the participants received payment from USAA in 1993,
computed on the basis of time of service and rate of pay, in the
following amounts:
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Last modified: May 25, 2011