What does "As a material inducement to enter into this Agreement, and in consideration of other conditions contained in the agreement, John ...

Question

What does "As a material inducement to enter into this Agreement, and in consideration of other conditions contained in the agreement, John Doe irrevocably and unconditionally releases, acquits and discharges The Employer, the staff, directors and all persons acting by, through, or in concert with any of them, from any and all claims, liabilities, complaints or damages of any kind, related to John Doe's emplyment at, or resignation from The Employer." mean

Answer

Essentially what it means you can never sue the other parties for anything having to do with the legal matter described in the Release. The matter is closed for the amount of money tendered.