Any election of an employee to participate in the Program shall be final and irrevocable and constitute a full and absolute release, and a waiver of any right to an actual or potential claim, based on: (a) the work relation or termination thereof, under any applicable law, or (b) the actions, if any, that may be taken as a result of the implementation of the Program. This waiver of rights shall have the effect of fully settling, any action or right, actual or potential, known or unknown, that the employee has, may have, or has had relating to his/he employment and/or separation therefrom. The effect of this release and the corresponding waiver of rights shall be deemed to be res judicata.
The form used for the implementation of the Program shall contain a warning statement to the Participant in readily legible and in bold type that his/her election to participate in the Program shall be final and irrevocable and constitutes a full and absolute release and a waiver of rights of any claim he/she may have for past, present or future actions, based on the employer-employee relationship, in accordance with the labor laws of Puerto Rico.
History —Dec. 8, 2015, No. 211, § 9.