2014-10-20 Separation Agreement Between Island Transit and Martha Rose

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  • 8/10/2019 2014-10-20 Separation Agreement Between Island Transit and Martha Rose

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    SEPARATION AGREEMENT AND RELEASE

    This Separation Agreement and Release ( Agreement ) is entered into between Island Transit

    (including its directors, officers, employees, agents, and insurers, collectively referred to as

    Island Transit ) and Martha Rose ( Rose ). Island Transit

    and

    Rose are sometimes referred to

    collectively as the Parties. Therefore, Island Transit on the one hand and Rose on the other

    hand, intending to be legally bound, agree as foiJows:

    1.

    Agreement Not Admission.

    Rose agrees that

    this

    Agreement is not an admission

    by Island Transit that it has violated any law or failed

    to

    fulfill any duty to Rose. It is

    understood that this will

    be

    a public record and Island Transit may be required by law to release

    the Agreement upon request.

    2. Termination

    of

    Emolovment.

    Rose and Island Transit agree that all aspects of

    the employment relationship have ceased effective September 19 2014 (the Separation Date ).

    3.

    Release.

    Rose accepts Island Transit's undertakings in this Agreement as

    full

    settlement of any and all claims, known or unknown, arising out of or related to Rose's

    employment or association with Island Transit, including her separation from employment. This

    release by Rose includes, but is not limited to, any claims for damages or attorney's fees, breach

    ofcontract and/or estoppel, lost equity-based compensation or lost salary

    or

    other benefits, libel,

    slander, fraud, misrepresentation, or wrongful discharge, discrimination and/or retaliation under

    any federal, state or local statute or regulation, specifically including, but not limited to, any

    claims Rose may have under the Fair Labor Standards Act, the Age Discrimination in

    Employment Act ( ADEA''),

    the

    Americans with Disabilities Act, Title VII of the Civil Rights

    Act, as amended, the Family and Medical Leave Act, the Washington Minimum Wage Act, the

    Washington Law Against Discrimination, and the Employee Retirement Income Security Act of

    1974 (other than claims for vested benefits). These claims are examples, not a complete list, of

    the released claims, as it is the Parties' intent that Rose release

    any

    and all claims,

    of

    whatever

    kind or nature, in exchange for the consideration by Island Transit identified in this Agreement.

    The Parties realize this constitutes a full and finaJ settlement of any and all such claims, and

    except for obligations arising under this Agreement, this Agreement releases Island Transit

    (including Island Transit's directors, officers, employees, agents, and insurers, and anyone else

    against whom Rose could assert a claim based on Rose's association with Island Transit,

    including her separation from employment) from any further liability to Rose (or to anyone else

    Rose has the power to bind in this Agreement) in connection with such claims.

    4. ADEA Releue Rose acknowledges that she is knowingly and voluntarily waiving

    and releasing any rights she may have under ADEA. Rose lso acknowledges that the consideration

    identified in this Agreement is in addition to anything of value to which Rose w s already entitled.

    Rose further acknowledges

    that

    she has been advised by this writing, as required by the ADEA, that

    (a) this Agreement does not apply to any rights

    or

    claims that may arise after the execution date

    of

    this Agreement; (b) Rose should consult with an attorney prior to executing this Agreement;

    (c) Rose has twenty-one {21) days to consider this Agreement (although Rose may choose

    t

    voluntarily execute this Agreement earlier and

    to

    waive such period of consideration); (d) Rose has

    seven (7) days following the execution of this Agreement to revoke the Agreement; and (e) this

    Agreement will not

    be

    effective until the date upon which the revocation period has expired, which

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    will

    e

    the eighth day after this Agreement is executed by Rose ( Effective Date''). Nothing in this

    Agreement prevents or precludes Rose from challenging or seeking a detennination in good faith of

    the validity of his waiver under the ADEA, nor does it impose any condition precedent, penalties or

    costs for doing so, unless specifically authorized by federal law To cancel this Agreement, Rose

    understands that she must give a written revocation which must e received by Island Transit by

    5:00p

    .m. on the seventh day after this Agreement is signed by Rose, addressed to the following

    individual at the following location:

    Matthew R. Hendricks

    402 5th Avenue South

    Edmonds, W A 98020

    If Rose revokes this Agreement under this paragraph, the Agreement will not become effective

    or

    enforceable and Rose

    wiJI

    not be entitled to any

    of

    the consideration set forth

    in

    this

    Agreement.

    5 Separation Payment

    In consideration

    of

    executing this Agreement, Island

    Transit acknowledges and agrees that it will continue

    to

    pay Rose her regular salary, subject to

    lawful deductions, for two (2) months foJlowing her Separation Date, which payments will e

    made

    in

    accordance with

    her

    regularly scheduled pay days as

    set

    forth

    in

    her Employment

    Agreement.

    6. Paymegt

    o

    a ~ t l o p Time The Parties acknowledge and agree that Rose has

    accrued unused paid time offwith Island Transit, the value ofwhich totals eighty-eight thousand

    one

    hundred ninety dollars and forty cents ($88, 190.40), subject to lawful deductions. Rose

    acknowledges and agrees that this unused paid time

    off

    that Rose has accrued with Island Transit

    will

    be

    paid

    in

    monthly installments t Rose of the lesser

    of

    either eleven thousand dollars

    ($11,000) per month or the remaining amount due to Rose for payment in full of her accrued

    unused paid time off. Such monthly installments will begin on February 15, 2015 and will

    continue until her accrued unused paid time

    off

    is paid

    in

    full, and such payments will include

    lawful deductions.

    7. Insurance Benefib; Consideration Island Transit agrees that, through the end

    of

    2014,

    it

    will pay the regular employee share for Rose s Group Health

    PPO

    Plan full family

    plan on which employer premiums are already prepaid through December 2014. As

    consideration for entering into this Agreement, Island Transit further agrees that it will pay

    the

    regular insurance coverage payment for Rose s Group Health PPO Plan full family plan,

    including the regular employee share, for January and February 2015. Nothing in this

    Agreement is intended to

    or

    does create

    any

    other rights

    or

    obligations

    of

    any kind

    on

    the part

    of

    Island Transit with regard to

    Rose s

    regular insurance coverage, except those specificalJy

    required by law.

    8

    Taxes

    Rose specifically acknowledges and agrees that Island Transit has made

    no

    representations to her regarding the

    tax

    consequences of any amounts received by Rose for

    Rose s benefit pursuant to this Agreement. Moreover, Rose understands and agrees that any tax

    consequences and/or liability arising from the benefits identified in this Agreement shall be her

    sole responsibility.

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    9. Return of Agency Property. On or before the Effective Date, Rose

    acknowledges and agrees

    that

    she will return to Island Transit all property and equipment

    furnished to

    or

    prepared by Rose in the course of or incident to her employment by Island

    Transit, including, without limitation, all automobiles, computers, keys, key cards, books,

    manuals, records, reports, notes, contracts, research

    data

    or material, developments, and other

    documents or materials, or copies thereof (including computer files), nd aH other proprietary

    information belonging

    or

    relating to the business of Island Transit

    or

    any funding source of

    Island Transit. Rose agrees to immediately reimburse Island Transit in the amount

    of

    191.00

    for an airline ticket she purchased to return work from vacation in July, 2014.

    10. Authority to EnterAgreement.

    Rose represents

    and

    warrants that,

    as of

    the date

    of

    this Agreement, she is the true party in interest, that she

    is

    fully authorized to execute this

    Agreement, and that she h s not sold, assigned, transferred, conveyed, or otherwise disposed

    of

    any rights surrendered by virtue

    of

    this Agreement.

    .

    Binding Effect.

    This Agreement shall

    be

    binding upon and inure to the benefit

    of

    any heirs, legal representatives, successors and assigns

    of

    the Parties.

    12. Attorneys' Fees. Jurisdiction. and Venue. This Agreement shall

    be

    construed

    and enforced in accordance with, and governed by, the laws of the State of Washington, U.S.A.

    Any action to enforce or interpret the terms

    of

    this Agreement,

    or

    any portion thereof, shall be

    commenced exclusively through binding arbitration before an arbitrator

    in

    Seattle, Washington.

    The Parties, by their signatures hereto, agree to submit to said arbitrator's jurisdiction and to

    waive all defenses related to jurisdiction and venue. Excep t as prohibited by law, the prevailing

    party in

    any

    arbitration brought to enforce

    or

    interpret the tenns

    of

    this Agreement,

    or

    any

    portion thereof, shall

    be

    entitled to recover it s costs including reasonable attorneys' fees.

    3 . GeneraL This Agreement (i) contains the entire understanding

    of

    he Parties with

    respect to the subject matter covered; (ii) supersedes all prior or contemporaneous

    understandings;

    iii)

    may only

    be

    amended in a written instrument signed by both Parties; and

    (iv) shall be

    governed by the laws

    of

    the State of Washington. Each

    party

    warrants that they are

    the true parties in interest, and that they are fully authorized to execute this Agreement.

    15. Survival. Rose acknowledges and agrees that if any provision

    ofthis

    Agreement,

    or compliance by Rose or [stand Transit with any provision

    of

    this Agreement, constitutes a

    violation

    of

    any law,

    or

    becomes unenforceable and/or void, the remaining provisions of this

    Agreement will remain in full force and effect.

    16.

    Knowing

    and

    Voluntary Waiver.

    Rose acknowledges that she has been advised

    to consult with an attorney and has had an opportunity

    to

    do so before signing this Agreement,

    which Rose has been given twenty-one (21) days to consider, and which she may revoke within

    seven

    7)

    days after signing.

    \\\\

    3

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    PLE SE RE D CAREFULLY. THIS IS A VOLUNTARY AGREEMENT THAT

    INCLUDES A RELE SE

    OF LL

    KNOWN ND UNKNOWN CLAIMS.

    ISLAND TRANSIT

    M RTH ROSE

    B y l t s ~ ( _ ~ . . , . ,

    1(.'-. 0 \ . ~ Q t ) l \ , _

    Date LO 11 P

    11-0l f.

    rth ose

    o teQrtivkA J o '(

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