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Leave of Absence, or any claims for attorneys' fees.
You agree that this also releases from liability IBM's
agents, directors, officers, employees,
representatives, successors and assigns (hereinafter
"those associated with IBM").
You agree that you have voluntarily executed this
Release on your own behalf, and also on behalf of any
heirs, agents, representatives, successors and assigns
that you may have now or in the future. You also agree
that this Release covers, but is not limited to, claims
arising from the Age Discrimination in Employment Act
of 1967, as amended, Title VII of the Civil Rights Act
of 1964, as amended, and any other federal, state or
local law dealing with discrimination in employment,
including but not limited to discrimination based on
sex, race, national origin, religion, disability,
veteran status or age. You also agree that this
Release includes claims based on theories of contract
or tort whether based on common law or otherwise.
Petitioner husband was entitled to revoke his signature within 7
days of signing the Release; however, had he done so, he would
have been required to return his lump-sum payment and would have
become ineligible for the other NRTP benefits. Petitioner
husband received a lump-sum payment of $24,060.44 in connection
with his participation in NRTP. Petitioner husband suffered no
injury or sickness at the time of his resignation. Neither prior
nor subsequent to his resignation did petitioner husband file a
complaint or claim with IBM or against IBM regarding any type of
discrimination, personal injury, or wrongful termination.
On their 1994 Federal income tax return, petitioners failed
to report as income the $24,060.44 received by petitioner husband
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Last modified: May 25, 2011