Agreement by the Company. In exchange for Employee’s agreement to be bound by the terms of this entire Agreement, including but not limited to the Release of Claims in paragraph 3, the Company agrees to provide Employee with a severance benefits as provided for in the Employment Agreement. Employee acknowledges that, absent this Agreement, s/he has no legal, contractual or other entitlement to the consideration set forth in this paragraph and that the amount set forth in this paragraph constitute valid and sufficient consideration for Employee’s release of claims and other obligations set forth herein. 3.
Appears in 2 contracts
Samples: Employment Agreement (Credit Management Solutions Inc), Employment Agreement (Credit Management Solutions Inc)
Agreement by the Company. In exchange for Employee’s 's agreement to be bound by the terms of this entire Agreement, including but not limited to the Release of Claims in paragraph 3, the Company agrees to provide Employee with a severance benefits as provided for in the Employment Agreement. Employee acknowledges that, absent this Agreement, s/he has no legal, contractual or other entitlement to the consideration set forth in this paragraph and that the amount set forth in this paragraph constitute valid and sufficient consideration for Employee’s 's release of claims and other obligations set forth herein. 3.
Appears in 2 contracts
Samples: Employment Agreement (Credit Management Solutions Inc), Employment Agreement (Credit Management Solutions Inc)
Agreement by the Company. In exchange for Employee’s 's agreement to ------------------------ be bound by the terms of this entire Agreement, including but not limited to the Release of Claims in paragraph 3, the Company agrees to provide Employee with a severance benefits as provided for in the Employment Agreement. Employee acknowledges that, absent this Agreement, s/he has no legal, contractual or other entitlement to the consideration set forth in this paragraph and that the amount set forth in this paragraph constitute valid and sufficient consideration for Employee’s 's release of claims and other obligations set forth herein. 3.b11
Appears in 1 contract
Samples: Employment Agreement (Credit Management Solutions Inc)