Common use of Acknowledgment of Sufficiency of Consideration Clause in Contracts

Acknowledgment of Sufficiency of Consideration. Executive acknowledges and agrees that in the absence of Executive’s execution of this Release, Employer is not obligated to provide Executive with the payment and benefits described in Section II(A)(2)(b) of the Employment Agreement, and that the payment and benefits set forth in Section II(A)(2)(b) of the Employment Agreement are adequate consideration for the covenants and release herein.

Appears in 14 contracts

Samples: Employment Agreement (TrueBlue, Inc.), Employment Agreement (TrueBlue, Inc.), Employment Agreement (TrueBlue, Inc.)

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Acknowledgment of Sufficiency of Consideration. Executive acknowledges and agrees that in the absence of Executive’s execution of this Release, Employer is not obligated to provide Executive with the payment and benefits described in Section II(A)(2)(b) of the Employment Agreement, and that the payment and benefits set forth in Section II(A)(2)(b) of the Employment Agreement are adequate consideration for the covenants and release herein.

Appears in 1 contract

Samples: Employment Agreement (TrueBlue, Inc.)

Acknowledgment of Sufficiency of Consideration. Executive acknowledges and agrees that in the absence of Executive’s execution of this Release, Employer is not obligated to provide Executive with the payment and benefits described in Section II(A)(2)(b) of the Employment Agreement, and that the payment and benefits set forth in Section II(A)(2)(b) of the Employment Agreement are adequate consideration for the covenants and release herein.. SVP Employment Agreement (December 2019) -14-

Appears in 1 contract

Samples: Employment Agreement (TrueBlue, Inc.)

Acknowledgment of Sufficiency of Consideration. Executive acknowledges and agrees that in the absence of Executive’s execution of this Release, Employer is not obligated to provide Executive with the payment and benefits described in Section II(A)(2)(b) of the Employment Agreement, and that the payment and benefits set forth in Section II(A)(2)(b) of the Employment Agreement are adequate consideration for the covenants and release herein. 3.

Appears in 1 contract

Samples: Executive Employment Agreement (TrueBlue, Inc.)

Acknowledgment of Sufficiency of Consideration. Executive acknowledges and agrees that in the absence of Executive’s execution of this Release, Employer is not obligated to provide Executive with the payment and benefits described in Section II(A)(2)(b) Sections X.X.0, X.X.0, X.X.0, X.X.0 and I.G.3 of the Employment Agreement, and that the payment and benefits set forth in Section II(A)(2)(b) of the Employment Agreement such sections are adequate consideration for the covenants and release herein.

Appears in 1 contract

Samples: Executive Employment Agreement (TrueBlue, Inc.)

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Acknowledgment of Sufficiency of Consideration. Executive acknowledges and agrees that in the absence of Executive’s execution of this Release, Employer is not obligated to provide Executive with the payment and benefits described in Section II(A)(2)(b) Sections I.E.2 and I.E.3, or I.F.2 and I.F.3 of the Employment Agreement, and that the payment and benefits set forth in Section II(A)(2)(b) of the Employment Agreement such sections are adequate consideration for the covenants and release herein.

Appears in 1 contract

Samples: Executive Employment Agreement (TrueBlue, Inc.)

Acknowledgment of Sufficiency of Consideration. Executive acknowledges and agrees that in the absence of Executive’s execution of or compliance with this ReleaseRelease and the Employment Agreement, Employer is not obligated to provide Executive with the payment Additional Benefits as defined in the Agreement between Company and benefits described in Section II(A)(2)(b) of the Employment AgreementExecutive dated [October 5, 2023], and Executive further acknowledges and agrees that the payment and benefits set forth in Section II(A)(2)(b) of the Employment Agreement Additional Benefits are adequate consideration for the covenants and release herein.

Appears in 1 contract

Samples: Letter Agreement (TrueBlue, Inc.)

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