Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release because the Company has agreed to pay the Executive money and other benefits to which the Executive was not otherwise entitled under the Company’s policies or under the Severance Agreement (in the absence of providing this release). The Company has agreed to provide this money and other benefits because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever had, and because of the Executive’s execution of this Agreement.
Acknowledgment of Consideration. The Employee agrees that this Agreement was entered into for good and valuable consideration, including, but not limited to the Company’s employment or continued employment of the Employee, the Company’s provision of Protected Information (as that term is hereafter defined) to the Employee, and the compensation and benefits associated with that employment.
Acknowledgment of Consideration. (a) Executive acknowledges that once all of the consideration described in Section 2 has been provided, Executive shall have been paid all compensation and other amounts due and owing to him from Brixmor, under this Agreement or from any other source. Executive acknowledges that the consideration described in Section 2 and the other consideration provided herein are above and beyond Brixmor’s obligation to Executive under the terms of his employment with Brixmor and any other source of entitlement. Executive agrees that he is not entitled to and will not seek from Brixmor any further amounts, including but not limited to, any other wages, bonuses, vacation, sick pay, disability pay, pension benefits, bonus compensation, profit sharing contributions, stock, partnership units, severance pay, or any other payment or benefit (except for 401(k) balances, or the payout of unused vacation time per Brixmor policy, which are not affected by this Agreement, and payments due under this Agreement), from Releasees (as defined in Section 8 below). Executive shall automatically forfeit all outstanding, unvested equity awards (whether earned or unearned) with respect to Brixmor and Brixmor Operating Partnership LP, other than those referenced in Section 2(b), as of the Termination Date.
Acknowledgment of Consideration. Xxxxxx acknowledges and agrees the payments referenced in Paragraph 1 and Subparagraphs 1(A), 1(B), 1(C), and 1(D) of this Agreement are valuable consideration to him and that he would not otherwise be entitled to such consideration absent his execution of this Agreement and the promises set forth herein.
Acknowledgment of Consideration. Rodeo acknowledges that it has benefited by the investment of moneys by Acridge in Rodeo, and that the results of such investment enabled it to acquire the Interest pledged herein. Although the Obligations are those of Acridge and not of Rodeo, Rodeo acknowledges that it has received valuable consideration in the form of the aforesaid investment of moneys by Acridge, the receipt and sufficiency of which are hereby acknowledged, for its pledge of the Interest as set forth herein, and all of the terms and conditions of this Agreement are fully binding upon it as set forth herein.
Acknowledgment of Consideration. Executive acknowledges that the provisions of this Section are in consideration of (1) continued employment by the Company; (2) eligibility for stock options; (3) eligibility for the MIP; and (4) additional good and valuable consideration as set forth herein.
Acknowledgment of Consideration. The Company is specifically agreeing to the terms of this release because the Executive has agreed to release the Company Release Parties from all possible claims the Executive might have or ever had.
Acknowledgment of Consideration. The Holder acknowledges that the Consideration to be received is in full consideration of the cancellation and/or retirement of the Stock. 3.
Acknowledgment of Consideration. Indemnitors acknowledge that the facility for solicitation of insurance business provided by the Company will directly benefit Indemnitors and that the indemnification provided herein is a condition precedent for the Company to enter into the such agreement with Indemnitors.
Acknowledgment of Consideration. Executive acknowledges that the ------------------------------- provisions of this Article are in consideration of: (1) employment with the Company; (2) eligibility to participate in the Employee Incentive Compensation Program in accordance with the additional terms of that Program; and (3) additional good and valuable consideration as set forth in this Agreement.
