election to opt out and to terminate the non-compete
arrangement under the Agreement does not extinguish, avoid or in any way limit
my continuing obligations under the Agreement, including my obligation to comply
with the Agreement.
Election and Waiver of Rights
HAVING CONSIDERED THIS MATTER FULLY, I HEREBY ELECT TO TERMINATE THE NON-COMPETE
OBLIGATION UNDER THE AGREEMENT AND I WAIVE AND RELEASE ALL RIGHTS AND CLAIMS OF
ANY KIND OR NATURE RELATING TO THE AGREEMENT, INCLUDING ALL CLAIMS RELATING IN
ANY WAY TO PAYMENTS OF COMPENSATION UNDER THE AGREEMENT, THE COMPANY'S OFFER TO
ENTER INTO THE AGREEMENT AND ALL CLAIMS RELATING IN ANY WAY TO ANY PRIOR
--------------------------------------------------------------------------------
UNDERSTANDINGS, REPRESENTATIONS OR COMMUNICATIONS RELATING TO THE AGREEMENT.
I UNDERSTAND THAT THIS ELECTION IS FINAL AND BINDING UPON ME, AND UPON MY
SUCCESSORS, HEIRS, ATTORNEYS AND ASSIGNS.
IN WITNESS WHEREOF, I HAVE EXECUTED THIS WAIVER OF PAYMENTS AND ELECTION TO
TERMINATE THE NON-COMPETE AGREEMENT.
Executive:
_____________________________
Date: ________________________
Notice Address:
____________________________
____________________________
____________________________
Fax No.: _____________________
Reviewed, agreed and accepted by:
THE BRINK'S COMPANY
By:
Name: _____________________
Title: ______________________
Date: ______________________