- 7 -
of Weyerhaeuser and each subsidiary of
Weyerhaeuser, from any and all claims that Wise
has asserted or could assert under federal,
state or municipal laws, executive orders, or
any federal, state or municipal regulations or
rules based on, arising out of, or relating to
his employment by WMC, the termination of such
employment, his service as a director or
officer of any subsidiary of Weyerhaeuser or
the termination of such service, including,
without limitation, claims under age
discrimination laws of the United States or the
State of California, claims of intentional or
negligent injury, and claims for back or future
wages, compensation or benefits, except as
provided for in Section 1 of this Agreement,
claims of right or entitlement to reinstatement
of employment by WMC or any other entity in the
Weyerhaeuser Group as to any position or job
whatsoever, claims of negligent, intentional or
unintentional infliction of emotional distress,
claims based on oral or written contracts of
employment, claims based on discrimination laws
of the United States and claims for attorney's
fees and costs, as a prevailing party or
otherwise, and claims for damages for pain and
suffering, personal injury and consequential
damages except for claims based on breach of
this Agreement.
In addition to petitioner's release of all claims against WC,
petitioner agreed to resign from his position as a director and
officer of MIP. Petitioner also resigned from his position at RFSL.
Petitioner did not suffer any injury or sickness at the time
he entered into the settlement agreement.
Petitioners' 1989 Federal Income Tax Return
On their 1989 Federal income tax return petitioners included
in income $112,767 of the $1,125,000 settlement payment petitioner
received from WC. (Petitioner arrived at the $112,767 amount by
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011