Common use of Fair and Reasonable Clause in Contracts

Fair and Reasonable. The parties confirm that the provisions contained in Sections 11.4 and 11.5 are fair and reasonable and that all such payments shall be in full satisfaction of all claims which the Employee may otherwise have at law against the Company including, or in equity by virtue of such termination of employment.

Appears in 13 contracts

Samples: Employment Agreement (Zion Oil & Gas Inc), Employment Agreement (Zion Oil & Gas Inc), Employment Agreement (Zion Oil & Gas Inc)

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Fair and Reasonable. The parties confirm that the provisions provision contained in Sections 11.4 12.1, 12.2 and 11.5 12.3 are fair and reasonable and that all such payments shall be in full satisfaction of all claims which the Employee may otherwise have at law against the Company Corporation including, without limitation, under the Employment Standards Act (Ontario) or in equity by virtue of such termination of employment.

Appears in 4 contracts

Samples: Employment Agreement (Med-Emerg International Inc), Employment Agreement (Med-Emerg International Inc), Employment Agreement (Med-Emerg International Inc)

Fair and Reasonable. The parties confirm that the provisions provision contained in Sections 11.4 12.4 and 11.5 12.5 are fair and reasonable and that all such payments shall be in full satisfaction of all claims which the Employee may otherwise have at law against the Company Corporation including, or in equity by virtue of such termination of employment.

Appears in 2 contracts

Samples: Employment Agreement (Medical Exchange Inc.), Employment Agreement (SPO Medical Inc)

Fair and Reasonable. The parties confirm that the provisions contained in Sections 11.4 12.4 and 11.5 12.5 are fair and reasonable and that all such payments shall be in full satisfaction of all claims which the Employee may otherwise have at law against the Company including, or in equity by virtue of such termination of employment.

Appears in 2 contracts

Samples: Employment Agreement (Zion Oil & Gas Inc), Employment Agreement (IDO Security Inc.)

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Fair and Reasonable. The parties confirm that the provisions contained in Sections 11.4 12.4 and 11.5 12.5 are fair and reasonable and that all such payments shall be in full satisfaction of all claims which the Employee may otherwise have at law against the Company Corporation including, or in equity by virtue of such termination of employment.

Appears in 1 contract

Samples: Employment Agreement (SPO Medical Inc)

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