Liquidmetal Technologies Inc (LQMT)

[lqmtstock]

That clause is a general release intending to make the Agreement as airtight as possible to give no recourse for damages. In California, the Agreement must specifically cite CA section 1542 to complete the release/waiver of rights. A few states - NY and Delaware - don't require a statute citation for a general release. The intention of a general release is to make the Agreement as airtight as possible. Of course, any legal agreement can be challenged, but that one is very well drafted.

Salas was given an employment agreement with Chung just about 2 years ago. Chung is still there, Salas is terminated. IMHO, Salas did something pretty extreme to get the boot. He was a ZERO and good riddance, and it's pure speculation based on my reading of the Termination Agreement, but I think the facts were pretty ugly that caused his termination. And I agree with the poster who questioned Salas leaving for "outside business interests" - you don't continue to pay him - for NINE months - when he's got "outside interests." Again, good riddance to him. Here's hoping the door does hit him on his ass on the way out.