Exhibit A
General Release
This general
release of claims (this Release) is entered into as of this ______ day of [●], 2023, by Tariq Shaukat (Executive) and delivered to Bumble Trading LLC, a Delaware limited company (the
Company). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Transition Agreement (as defined below).
Executive agrees as follows:
1. The
relationship between Executive and the Company and its subsidiaries and affiliates, as applicable, terminated on December 31, 2023 (the End Date) pursuant to Section 2 of the Transition Agreement between the Company,
Executive and the other parties thereto, dated as of August 22, 2023 (the Transition Agreement).
2. In
consideration of the benefits described in Section 3(c)(i)(B) of the Transition Agreement, the sufficiency of which Executive hereby acknowledges, and except for (i) those obligations created by or arising out of the
Transition Agreement, (ii) any rights Executive may have with respect to any shares of common stock in the Company, and any retirement, 401(k), or similar tax-qualified benefit plans of the Company and
(iii) the continuing right to indemnification to the fullest extent allowed by applicable law or in the Companys bylaws and articles of incorporation and/or any liability insurance coverage in connection with acts, suits or proceedings by
reason of the fact that Executive was an officer or employee of the Company where the basis of the claims against Executive consists of acts or omissions taken or made in such capacity, Executive hereby waives, releases, and holds harmless the
Company, including but not limited to its predecessors, subsidiaries and affiliates, past and present, and each of them, as well as its and their respective trustees, directors, officers, members, managers, agents, attorneys, insurers, employees,
stockholders (including any direct or indirect stockholder that beneficially owns more than 10% of the capital stock of the Company), representatives, assigns, and successors, past and present, and each of them, hereinafter together and collectively
(including the Company) referred to as the Company Releasees, from any and all claims, suits or liabilities, including without limitation those arising from or by the reason of Executives employment or termination of
employment and board service with the Company. Released claims include, without limitation, any and all claims arising under federal, state or local laws, including, without limitation, claims under the Age Discrimination in Employment Act
(ADEA), the Americans With Disabilities Act, Title VII of the Civil Rights Act of 1964, as amended, the Equal Pay Act of 1963, the Texas Payday Act, the Texas Anti-Retaliation Act, Chapter 21 of the Texas Labor Code, the
Texas Whistleblower Act and/or any other federal, state or local law or regulation prohibiting employment discrimination or otherwise regulating wages, hours or working conditions, and any and all claims under the common law for breach of express or
implied contract, violation of the covenant of good faith and fair dealing, violation of public policy, negligence, slander, defamation, invasion of privacy, false light, false imprisonment, trespass, breach of fiduciary duty, intentional
interference, intentional or negligent infliction of emotional distress, intrusion, loss of consortium, retaliatory or wrongful termination, punitive damages, and claims that Executive has or may have which have arisen up to and including the date
of this Release. Executive further agrees and acknowledges that Executive has been accorded all time off from work and any other rights to which Executive may have been entitled pursuant to the Family and Medical Leave Act or any state statute
providing medical or other leaves of absence to employees.
3. Executive acknowledges and agrees that as a matter of public policy,
Executive cannot waive any rights to file claims with the Equal Employment Opportunity Commission (EEOC) and/or any similar state agency or other governmental entity. However, by signing this Release, Executive waives the right to
recover any monetary damages or attorneys fees from the Company in any claim or lawsuit brought by or through any government entity, including the EEOC or similar state agency.
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