{"component": "clause", "props": {"groups": [{"size": 15, "snippet": "Provided that (A) this Agreement becomes effective pursuant to its terms, (B) Executive has performed all of her obligations under this Agreement through both the Transition Date and the Separation Date (other than due to a termination without Cause under this Agreement), (C) Executive has not been terminated for Cause under this Agreement, and (D) Executive remains in compliance with this Agreement thereafter, the Company agrees to provide the following additional consideration to Executive:\na. If and to the extent bonus-eligible employees of the Company generally receive bonus compensation for the fiscal year ending December 31, 2023, Executive shall be eligible to receive an annual bonus for fiscal year 2023, which will not be prorated. Such bonus will be based on Executive\u2019s performance in relation to her 2023 management business objectives as determined by the Compensation and Human Capital Committee of the Board of Directors of the Company in its sole discretion, with any such bonus amount to be paid contemporaneously with payment of 2023 bonuses to other bonus-eligible executive officers and no later than March 15, 2024.\nb. Subject to Executive timely and validly electing continued coverage under the Consolidated Omnibus Budget Reconciliation Act of 1986 (\u201cCOBRA\u201d), the Company shall directly pay for the full monthly COBRA premiums charged to continue Executive\u2019s medical coverage pursuant to COBRA, at the same or reasonably equivalent medical coverage for Executive and any covered dependents as in effect immediately prior to the Transition Date, from the time Executive becomes ineligible for coverage owing to her transition to consultant status on the Transition Date until the earlier to occur of (1) the one-year anniversary of the Transition Date or (2) the date Executive begins employment with another employer and becomes eligible for medical coverage through such employment (and Executive shall promptly notify the Company in advance of such employment). The Company or its agent will provide Executive with the COBRA election form(s) and document(s) and pay the premiums directly to its COBRA administrator after Executive elects COBRA coverage.\nc. Executive\u2019s change of status from an employee to a consultant under this Agreement shall not constitute a termination of services under Section 11 and 12 of the 2017 Employer, Director and Consultant Equity Incentive Plan, as amended (the \u201c2017 Plan\u201d) or any other applicable section of the 2017 Plan and Executive shall be treated as a \u201cConsultant\u201d under the Plan during the Consulting Period. Accordingly, any and all restricted stock units previously granted to Executive pursuant to the 2017 Plan while an employee of the Company and outstanding immediately prior to the Transition Date will continue to vest in accordance with the terms and conditions of the applicable equity award (\u201cEquity Awards Vesting During the Consulting Period\u201d) until the Separation Date, provided that Executive authorizes the sale or withholding a number of the underlying shares of Company common stock which are issued to Executive, as necessary, to satisfy applicable withholding taxes for income tax purposes.\nd. Any restricted stock units previously granted to Executive and outstanding pursuant to the 2017 Plan immediately prior to the Transition Date, other than Equity Awards Vesting During the Consulting Period, shall vest on the Separation Date to the extent scheduled to vest on or before the date one (1) year following the Separation Date; provided, however, with respect to any outstanding restricted stock units with an unsatisfied performance-based condition, such restricted stock units shall remain outstanding and, if the applicable performance condition is satisfied during such one (1) year period following the Separation Date, such restricted stock units shall, to the extent so earned, vest to the extent scheduled to vest within such one-year period upon satisfaction of such performance-based condition; provided, that Executive authorizes the sale or withholding of a number of the underlying shares of Company common stock which are issued to Executive, as necessary, to satisfy applicable withholding taxes for income tax purposes.\ne. Executive acknowledges this consideration, payments, and promises as good, sufficient and valuable consideration for the promises, releases, and waivers contained in this Agreement. Executive agrees that she is not otherwise entitled to the consideration set forth herein and that this consideration is accepted as the full and final resolution of all matters related to Executive\u2019s employment, or termination of such employment, with the Company.", "samples": [{"hash": "f8q0fo8g0ev", "uri": "/contracts/f8q0fo8g0ev#additional-consideration", "label": "Separation and Consulting Agreement (Myriad Genetics Inc)", "score": 35.1574249268, "published": true}, {"hash": "hYHF2qJmjGG", "uri": "/contracts/hYHF2qJmjGG#additional-consideration", "label": "Separation and Consulting Agreement (Myriad Genetics Inc)", "score": 34.7577018738, "published": true}], "snippet_links": [{"key": "provided-that", "type": "definition", "offset": [0, 13]}, {"key": "agreement-becomes-effective", "type": "clause", "offset": [23, 50]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [113, 145]}, {"key": "transition-date", "type": "definition", "offset": [163, 178]}, 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2725]}, {"key": "in-accordance-with", "type": "clause", "offset": [2805, 2823]}, {"key": "the-applicable", "type": "clause", "offset": [2852, 2866]}, {"key": "equity-awards", "type": "clause", "offset": [2882, 2895]}, {"key": "the-sale", "type": "clause", "offset": [2997, 3005]}, {"key": "number-of", "type": "definition", "offset": [3023, 3032]}, {"key": "company-common-stock", "type": "definition", "offset": [3058, 3078]}, {"key": "issued-to", "type": "definition", "offset": [3089, 3098]}, {"key": "applicable-withholding-taxes", "type": "definition", "offset": [3135, 3163]}, {"key": "tax-purposes", "type": "definition", "offset": [3175, 3187]}, {"key": "following-the", "type": "definition", "offset": [3499, 3512]}, {"key": "with-respect-to", "type": "clause", "offset": [3549, 3564]}, {"key": "outstanding-restricted-stock", "type": "clause", "offset": [3569, 3597]}, {"key": "performance-condition", "type": "definition", "offset": [3729, 3750]}, {"key": "year-period", "type": 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Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.", "samples": [{"hash": "b5yZeJApPD6", "uri": "/contracts/b5yZeJApPD6#additional-consideration", "label": "Quota Share Retrocession Agreement (Platinum Underwriters Holdings LTD)", "score": 18.0, "published": true}, {"hash": "3zgzmZREG8l", "uri": "/contracts/3zgzmZREG8l#additional-consideration", "label": "Quota Share Retrocession Agreement (Platinum Underwriters Holdings LTD)", "score": 18.0, "published": true}, {"hash": "kgVvPr9i7X0", "uri": "/contracts/kgVvPr9i7X0#additional-consideration", "label": "Quota Share Retrocession Agreement (Platinum Underwriters Holdings LTD)", "score": 16.0, "published": true}], "snippet_links": [{"key": "to-pay", "type": "clause", "offset": [24, 30]}, {"key": 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Executive shall cooperate fully with and devote Executive's reasonable best efforts to providing assistance requested by the Company. Such assistance shall not require Executive to be active in the Company's day-to-day activities or engage in any substantial travel, and Executive shall be reimbursed for all reasonable and necessary out-of-pocket business expenses incurred in providing such assistance.", "samples": [{"hash": "lUfY7eQgVrs", "uri": "/contracts/lUfY7eQgVrs#additional-consideration", "label": "Employment Agreement (Interface Inc)", "score": 18.0, "published": true}, {"hash": "gm14ZYabzbP", "uri": "/contracts/gm14ZYabzbP#additional-consideration", "label": "Employment Agreement (Interface Inc)", "score": 18.0, "published": true}, {"hash": "fKm5PL41XUU", "uri": "/contracts/fKm5PL41XUU#additional-consideration", "label": "Employment Agreement (Interface Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "to-receive", "type": "definition", "offset": [15, 25]}, {"key": "the-foregoing", "type": "clause", "offset": [26, 39]}, {"key": "additional-release-of-claims", "type": "clause", "offset": [84, 112]}, {"key": "agreements-and-other-documents", "type": "clause", "offset": [130, 160]}, {"key": "reasonably-request", "type": "definition", "offset": [177, 195]}, {"key": "time-of-payment", "type": "clause", "offset": [216, 231]}, {"key": "as-executive", "type": "clause", "offset": [249, 261]}, {"key": "benefits-of", "type": "clause", "offset": [281, 292]}, {"key": "reasonable-best-efforts", "type": "definition", "offset": [371, 394]}, {"key": "providing-assistance", "type": "clause", "offset": [398, 418]}, {"key": "by-the-company", "type": "clause", "offset": [429, 443]}, {"key": "engage-in-any", "type": "definition", "offset": [544, 557]}, {"key": "reasonable-and-necessary", "type": "definition", "offset": [620, 644]}, {"key": "expenses-incurred", "type": "definition", "offset": [668, 685]}], "hash": "047702a75070f2239141e6098b2d0b01", "id": 8}, {"size": 22, "snippet": "Employee understands that the Company\u2019s obligations under the Employment Agreement, as well as the provision of the additional consideration identified in the Preliminary Statement, are conditioned upon Employee signing this Agreement. Further, as a result of Employee\u2019s employment, Employee shall be (or has been) given access to the Company\u2019s Proprietary Information, provision of confidential information, opportunities for advancement, and opportunities to participate in confidential meetings and specialized training, which shall constitute independent consideration for the post-employment restrictions contained in this Agreement and would not be (or would not have been) given to Employee without Employee\u2019s agreement to abide by the terms and conditions of this Agreement, including without limitation the ancillary obligations of confidentiality and non-disclosure.", "samples": [{"hash": "cR8YntC4EfF", "uri": "/contracts/cR8YntC4EfF#additional-consideration", "label": "Employment Agreement (Reynolds Consumer Products Inc.)", "score": 37.0930862427, "published": true}, {"hash": "5vBrLtC2bpL", "uri": "/contracts/5vBrLtC2bpL#additional-consideration", "label": "Employment Agreement (Reynolds Consumer Products Inc.)", "score": 36.0965080261, "published": true}, {"hash": "3sVgUtHm5Qt", "uri": "/contracts/3sVgUtHm5Qt#additional-consideration", "label": "Employment Agreement (Reynolds Consumer Products Inc.)", "score": 35.8282012939, "published": true}], "snippet_links": [{"key": "employee-understands", "type": "clause", "offset": [0, 20]}, {"key": "the-employment-agreement", "type": "clause", "offset": [58, 82]}, {"key": "provision-of-the", "type": "clause", "offset": [99, 115]}, {"key": "preliminary-statement", "type": "clause", "offset": [159, 180]}, {"key": "upon-employee", "type": "definition", "offset": [198, 211]}, {"key": "of-employee", "type": "clause", "offset": [257, 268]}, {"key": "access-to-the-company", "type": "clause", "offset": [321, 342]}, {"key": "proprietary-information", "type": "definition", "offset": [345, 368]}, {"key": "provision-of-confidential-information", "type": "clause", "offset": [370, 407]}, {"key": "opportunities-for-advancement", "type": "clause", "offset": [409, 438]}, {"key": "participate-in", "type": "definition", "offset": [461, 475]}, {"key": "specialized-training", "type": "definition", "offset": [502, 522]}, {"key": "independent-consideration", "type": "definition", "offset": [547, 572]}, {"key": "the-post", "type": "clause", "offset": [577, 585]}, {"key": "employment-restrictions", "type": "clause", "offset": [586, 609]}, {"key": "in-this-agreement", "type": "clause", "offset": [620, 637]}, {"key": "to-employee", "type": "definition", "offset": [686, 697]}, {"key": "without-employee", "type": "clause", "offset": [698, 714]}, {"key": "agreement-to", "type": "definition", "offset": [717, 729]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [743, 781]}, {"key": "including-without-limitation", "type": "clause", "offset": [783, 811]}, {"key": "confidentiality-and-non", "type": "clause", "offset": [841, 864]}], "hash": "bc4c4d529674920f5e74114e4d6e9812", "id": 5}, {"size": 16, "snippet": "If the Merger is consummated, the Stockholder will not receive, whether under this Agreement or otherwise, any consideration additional to the Merger Consideration in respect of the acquisition of any Common Shares held or controlled by it or its Affiliates. If the Merger is not consummated, neither the Stockholder nor any of its Affiliates will receive a break-fee or similar payment, whether under this Agreement or otherwise.", "samples": [{"hash": "ehugMwMRVRa", "uri": "/contracts/ehugMwMRVRa#additional-consideration", "label": "Merger Agreement (Apex Global Brands Inc.)", "score": 32.1348381042, "published": true}, {"hash": "8Bg6HPzJWCH", "uri": "/contracts/8Bg6HPzJWCH#additional-consideration", "label": "Merger Agreement (Apex Global Brands Inc.)", "score": 32.1348381042, "published": true}, {"hash": "kXnzcUKONfB", "uri": "/contracts/kXnzcUKONfB#additional-consideration", "label": "Voting Agreement (Galaxy Universal LLC)", "score": 29.1485290527, "published": true}], "snippet_links": [{"key": "the-stockholder", "type": "clause", "offset": [30, 45]}, {"key": "agreement-or", "type": "definition", "offset": [83, 95]}, {"key": "the-merger-consideration", "type": "clause", "offset": [139, 163]}, {"key": "of-the-acquisition", "type": "clause", "offset": [175, 193]}, {"key": "common-shares-held", "type": "definition", "offset": [201, 219]}], "hash": "a7e23242b91319af5daf70a9056b65d9", "id": 7}, {"size": 24, "snippet": "(a) In addition to the proceeds received by the Restricted Person in relation to the Merger Agreement and subject to the conditions set forth in this Section 4, the Company shall provide additional consideration to the Restricted Person in the annual amount of $1,900,000.00 during each year of the Restricted Period (the \u201cAdditional Consideration\u201d).\n(b) The Company shall pay the Additional Consideration to the Restricted Person in equal monthly installments (each, an \u201cAdditional Consideration Payment\u201d) during the Restricted Period, in arrears on the fifteenth (15th) day of each month (as applicable, the \u201cPayment Date\u201d), subject to the Restricted Person\u2019s compliance with the terms of this Agreement.\n(c) The Company\u2019s obligation to make the Additional Consideration Payments shall cease in the event of the Restricted Person\u2019s death during the Restricted Period. The Company\u2019s obligation to make an Additional Consideration Payment shall be conditioned on the Company being Solvent at the time of and assuming payment of an applicable Additional Consideration Payment. For purposes hereof, \u201cSolvent\u201d means, with respect to the Company and its Subsidiaries taken as a whole, on the applicable Payment Date: (i) the present fair saleable value of the assets taken as a whole (i.e., the price a third party buyer is willing to pay for such assets in an arm\u2019s length transaction) of such Person will exceed the amount that will be required to pay the probable liability on the existing debts (whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent) of such Person as they become absolute and matured; (ii) the sum of the debts (whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent) of such Person will not exceed all of the property of such Person at a fair valuation; (iii) the assets of such Person do not constitute unreasonably small capital for such Person to carry on its businesses as now conducted or proposed to be conducted; and (iv) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person\u2019s ability to pay such debts and liabilities as they mature. For purposes of the preceding sentence, the amount of contingent obligations outstanding at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that is reasonably expected to become an actual or matured liability. To the extent that the Company is not or would not be Solvent at such time, the Company shall not be obligated to pay such Additional Consideration Payment on its Payment Date. If Parent or Company asserts hereunder that the Company is not Solvent, Parent shall provide to Restricted Person (from time to time upon Restricted Person\u2019s request) (x) a certification by Parent\u2019s Board of Directors that the Company is not Solvent, and (y) all information and data, and copies of applicable books and records, to reasonably support such certification. Such Additional Consideration Payment (together with interest at an annual rate of LIBOR plus 500 basis points) shall be paid on the Payment Date in the next calendar month in which the Company is Solvent and would be Solvent following payment of such Additional Consideration Payment and the Additional Consideration Payment otherwise due on such Payment Date; provided, however, that payment of such Additional Consideration Payment must nevertheless be made by the Company on March 15 of the succeeding year after the year of the applicable deferral of payment of such Additional Consideration Payment, unless, on such date and assuming payment of such applicable Additional Consideration Payment, (i) the Company is not or would not be Solvent and (ii) delay of the payment of such Additional Consideration Payment is permitted under Treasury Regulation 1.409A-3(d) (together, the \u201cDelay Conditions\u201d). Any Additional Consideration Payment not made on such March 15 date shall be paid (together with interest at an annual rate of LIBOR plus 500 basis points) on the Payment Date in the next calendar month in which the second Delay Condition set forth above is no longer applicable.", "samples": [{"hash": "fDTFzByQAH2", "uri": "/contracts/fDTFzByQAH2#additional-consideration", "label": "Non Competition Agreement (Global Partner Acquisition Corp.)", "score": 28.0472278595, "published": true}, {"hash": "1OF6oZHh9Z5", "uri": "/contracts/1OF6oZHh9Z5#additional-consideration", "label": "Merger Agreement (Global Partner Acquisition Corp.)", "score": 28.0472278595, "published": true}], "snippet_links": [{"key": "in-addition-to-the", "type": "clause", "offset": [4, 22]}, {"key": "received-by", "type": "definition", "offset": [32, 43]}, {"key": "restricted-person", "type": "clause", "offset": [48, 65]}, {"key": "in-relation-to", "type": "clause", "offset": [66, 80]}, {"key": "the-merger-agreement", 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"clause", "offset": [903, 916]}, {"key": "be-conditioned", "type": "clause", "offset": [945, 959]}, {"key": "at-the-time", "type": "definition", "offset": [989, 1000]}, {"key": "payment-of", "type": "clause", "offset": [1017, 1027]}, {"key": "for-purposes-hereof", "type": "definition", "offset": [1076, 1095]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [1130, 1162]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [1163, 1179]}, {"key": "applicable-payment-date", "type": "definition", "offset": [1188, 1211]}, {"key": "present-fair-saleable-value", "type": "definition", "offset": [1221, 1248]}, {"key": "the-assets", "type": "clause", "offset": [1252, 1262]}, {"key": "the-price", "type": "clause", "offset": [1287, 1296]}, {"key": "third-party-buyer", "type": "definition", "offset": [1299, 1316]}, {"key": "pay-for", "type": "clause", "offset": [1331, 1338]}, {"key": "existing-debts", "type": "clause", "offset": [1480, 1494]}, {"key": "sum-of", "type": "clause", "offset": [1646, 1652]}, {"key": "the-property", "type": "clause", "offset": [1791, 1803]}, {"key": "fair-valuation", "type": "clause", "offset": [1824, 1838]}, {"key": "unreasonably-small-capital", "type": "definition", "offset": [1890, 1916]}, {"key": "carry-on", "type": "definition", "offset": [1936, 1944]}, {"key": "ability-to-pay", "type": "definition", "offset": [2130, 2144]}, {"key": "debts-and-liabilities", "type": "clause", "offset": [2150, 2171]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [2188, 2207]}, {"key": "obligations-outstanding", "type": "clause", "offset": [2253, 2276]}, {"key": "at-any-time", "type": "clause", "offset": [2277, 2288]}, {"key": "the-facts", "type": "clause", "offset": [2347, 2356]}, {"key": "to-the-extent", "type": "clause", "offset": [2490, 2503]}, {"key": "provide-to", "type": "clause", "offset": [2752, 2762]}, {"key": "from-time-to-time", "type": "clause", "offset": [2782, 2799]}, {"key": "by-parent", "type": "clause", "offset": [2854, 2863]}, {"key": "board-of-directors", "type": "clause", "offset": [2866, 2884]}, {"key": "information-and-data", "type": "definition", "offset": [2930, 2950]}, {"key": "copies-of", "type": "definition", "offset": [2956, 2965]}, {"key": "books-and-records", "type": "definition", "offset": [2977, 2994]}, {"key": "with-interest", "type": "definition", "offset": [3086, 3099]}, {"key": "rate-of", "type": "clause", "offset": [3113, 3120]}, {"key": "basis-points", "type": "clause", "offset": [3136, 3148]}, {"key": "the-payment", "type": "clause", "offset": [3167, 3178]}, {"key": "calendar-month", "type": "definition", "offset": [3196, 3210]}, {"key": "by-the-company", "type": "clause", "offset": [3499, 3513]}, {"key": "march-15", "type": "clause", "offset": [3517, 3525]}, {"key": "succeeding-year", "type": "definition", "offset": [3533, 3548]}, {"key": "the-year", "type": "definition", "offset": [3555, 3563]}, {"key": "deferral-of-payment", "type": "clause", "offset": [3582, 3601]}, {"key": "treasury-regulation", "type": "clause", "offset": [3876, 3895]}, {"key": "delay-conditions", "type": "definition", "offset": [3924, 3940]}], "hash": "69e21202f84f1a662a2c9918700d3fd2", "id": 4}, {"size": 24, "snippet": "Should the Internal Revenue Service determine that the Exercise Price established by the Board as the fair market value per Share is less than the fair market value per Share as of the date of Option grant, Optionee hereby agrees to tender such additional consideration, or agrees to tender upon exercise of all or a portion of this Option, such fair market value per Share as is determined by the Internal Revenue Service.", "samples": [{"hash": "8uBvfa1YDZc", "uri": "/contracts/8uBvfa1YDZc#additional-consideration", "label": "Incentive Stock Option Award Agreement (KULR Technology Group, Inc.)", "score": 35.2436676025, "published": true}, {"hash": "iGbI2Wn7Gul", "uri": "/contracts/iGbI2Wn7Gul#additional-consideration", "label": "Incentive Stock Option Agreement (VisionWave Holdings, Inc.)", "score": 34.8959617615, "published": true}, {"hash": "fq0FWUwW65a", "uri": "/contracts/fq0FWUwW65a#additional-consideration", "label": "Incentive Stock Option Agreement (VisionWave Holdings, Inc.)", "score": 34.8959617615, "published": true}], "snippet_links": [{"key": "the-internal-revenue-service", "type": "definition", "offset": [7, 35]}, {"key": "the-exercise-price", "type": "definition", "offset": [51, 69]}, {"key": "by-the-board", "type": "clause", "offset": [82, 94]}, {"key": "fair-market-value-per-share", "type": "definition", "offset": [102, 129]}, {"key": "date-of-option-grant", "type": "clause", "offset": [185, 205]}, {"key": "to-tender", "type": "definition", "offset": [230, 239]}, {"key": "exercise-of", "type": "clause", "offset": [296, 307]}, {"key": "a-portion", "type": "definition", "offset": [315, 324]}], "hash": "36c3c1ba2e8d788a44208d208cab501f", "id": 3}, {"size": 13, "snippet": "As additional consideration for the Non-Competition obligations described in Paragraph 4 above, should the Company pursuant to those obligations require Employee to refrain from accepting employment or other work he or she has been offered that the Company, in its discretion, believes would violate Employee\u2019s obligations, the Company shall pay Employee an amount equal to sixty percent (60%) of Employee\u2019s weekly base pay as of the date of Employee\u2019s termination from the Company (\u201cNon-Competition Payment\u201d). The Non-Competition Payment shall begin when the Company advises Employee of its belief that the proposed employment would violate the Employee\u2019s non-compete obligations and shall continue throughout the remaining duration of the Restricted Period. The Non-Competition Payment shall be paid in accordance with the Company\u2019s customary pay practices in effect at the time each payment is made, and shall be reduced by (a) the amount of severance, if any, that Employee receives from the Company; and (b) the amount of any pay received during the Restricted Period from employment in any capacity to the extent that any such salary exceeds forty percent (40%) of Employee\u2019s base pay as of the date of Employee\u2019s termination from employment, annualized or pro-rated to correspond with the remaining portion of the Restricted Period following the job offer. (By way of example, assuming an Employee\u2019s remaining Restricted Period following a job offer is six (6) months and that his or her base pay at the time of termination was $100,000, the Non-Competition Payment would not be reduced unless the salary earned by the Employee during the Restricted Period exceeded $20,000. In the event the salary earned during the Restricted Period exceeds this threshold, the Non-Competition Payment will be reduced, or eliminated, pro rata.).", "samples": [{"hash": "lNuyf7OPOBY", "uri": "/contracts/lNuyf7OPOBY#additional-consideration", "label": "Employee Confidentiality, Non Competition, and Non Solicitation Agreement", "score": 30.3408622742, "published": true}, {"hash": "e9DJOk78L4y", "uri": "/contracts/e9DJOk78L4y#additional-consideration", "label": "Employee Confidentiality, Non Competition, and Non Solicitation Agreement (Under Armour, Inc.)", "score": 29.353181839, "published": true}, {"hash": "2QcAJ0hQSQB", "uri": "/contracts/2QcAJ0hQSQB#additional-consideration", "label": "Employee Confidentiality, Non Competition, and Non Solicitation Agreement (Under Armour, Inc.)", "score": 29.353181839, "published": true}], "snippet_links": [{"key": "the-non", "type": "clause", "offset": [32, 39]}, {"key": "competition-obligations", "type": "definition", "offset": [40, 63]}, {"key": "paragraph-4", "type": "definition", "offset": [77, 88]}, {"key": "pursuant-to", "type": "definition", "offset": [115, 126]}, {"key": "accepting-employment", "type": "definition", "offset": [178, 198]}, {"key": "other-work", "type": "clause", "offset": [202, 212]}, {"key": "in-its-discretion", "type": "clause", "offset": [258, 275]}, {"key": "the-company-shall", "type": "clause", "offset": [324, 341]}, {"key": "equal-to", "type": "definition", "offset": [365, 373]}, {"key": "of-employee", "type": "clause", "offset": [394, 405]}, {"key": "weekly-base-pay", "type": "definition", "offset": [408, 423]}, {"key": "date-of", "type": "clause", "offset": [434, 441]}, {"key": "from-the-company", "type": "clause", "offset": [465, 481]}, {"key": "shall-begin", "type": "definition", "offset": [539, 550]}, {"key": "the-proposed", "type": "clause", "offset": [604, 616]}, {"key": "duration-of-the", "type": "clause", "offset": [725, 740]}, {"key": "in-accordance-with", "type": "clause", "offset": [802, 820]}, {"key": "pay-practices", "type": "clause", "offset": [845, 858]}, {"key": "in-effect", "type": "definition", "offset": [859, 868]}, {"key": "at-the-time", "type": "definition", "offset": [869, 880]}, {"key": "amount-of-severance", "type": "clause", "offset": [935, 954]}, {"key": "period-from", "type": "definition", "offset": [1066, 1077]}, {"key": "any-capacity", "type": "definition", "offset": [1092, 1104]}, {"key": "to-the-extent", "type": "clause", "offset": [1105, 1118]}, {"key": "termination-from-employment", "type": "clause", "offset": [1220, 1247]}, {"key": "remaining-portion", "type": "definition", "offset": [1296, 1313]}, {"key": "job-offer", "type": "definition", "offset": [1353, 1362]}, {"key": "an-employee", "type": "definition", "offset": [1393, 1404]}, {"key": "time-of-termination", "type": "clause", "offset": [1511, 1530]}, {"key": "the-salary", "type": "clause", "offset": [1601, 1611]}, {"key": "by-the-employee", "type": "clause", "offset": [1619, 1634]}, {"key": "in-the-event-the", "type": "clause", "offset": [1682, 1698]}, {"key": "pro-rata", "type": "clause", "offset": [1826, 1834]}], "hash": "bb1c2bb6e5280628a6ef18bf4fb65ac1", "id": 10}, {"size": 22, "snippet": "(a) As additional consideration for the Reinsurer entering into this Agreement, as of the Inception Date, the Company hereby irrevocably sells, assigns, transfers and delivers to the Reinsurer as premium hereunder all of its rights, title and interest in one hundred percent (100%) of all of the following amounts actually received or receivable at or after the Inception Date by the Company or the Reinsurer, whether in its role as reinsurer hereunder or as Administrator, with respect to the LBL Contracts (items (i) through (v) below, collectively, the \u201cRecoveries\u201d):\n(i) Premiums;\n(ii) all amounts actually collected or collectable under the Ceded Reinsurance Contracts in respect of the LBL Contracts (including all recoveries, returns, amounts in respect of profit sharing and all other sums to which the Company may be entitled under the Ceded Reinsurance Contracts in respect of the LBL Contracts);\n(iii) all mortality and expense risk charges, administrative expense charges, rider charges, contract maintenance charges, back-end sales loads and other considerations billed separately for the LBL Contracts collected or collectible by the Company, and any other charges, fees and similar amounts received or receivable by the Company from the Separate Accounts in respect of the LBL Contracts (collectively, the \u201cSeparate Account Charges\u201d). For the avoidance of doubt, the Separate Account Charges shall include any revenue sharing fees, service fees and distribution fees received or receivable from or in respect of Funds pursuant to a plan adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended;\n(iv) all amounts that are transferrable from the Separate Accounts to the general account of the Company in respect of the LBL Contracts; and\n(v) without duplication, all other payments, collections, releases of funds, recoveries and other considerations or payments with respect to the LBL Contracts, including all premiums, payments, reimbursements, interest or other amounts that the Company receives in connection with any reinstatement or reissuance of an LBL Contract or any conversion, exchange or replacement policy that is reinsured under this Agreement.\n(b) The Company agrees to execute and record all additional documents and take all other steps reasonably requested by the Reinsurer to effectuate such transfer to the Reinsurer. Direct receipt by the Reinsurer, including in its role as Administrator under the Administrative Services Agreement, or any of its Affiliates of any such amounts shall satisfy the Company\u2019s obligations to transfer any such amount to the Reinsurer hereunder.\n(c) The Company hereby and pursuant to the Administrative Services Agreement appoints the Reinsurer as its agent to collect all Recoveries in the Company\u2019s name. The Company agrees and acknowledges that the Reinsurer and its permitted assigns and delegatees are entitled to enforce, in the name of the Company, all rights at law or in equity or good faith claims of the Company with respect to such Recoveries. If necessary for such collection, the Company shall reasonably cooperate, at the Reinsurer\u2019s expense, in any litigation or other dispute resolution mechanism relating to such collection. The Parties acknowledge and agree that the Reinsurer shall be responsible for and has hereby assumed the financial risk of any uncollected or uncollectible Recoveries. To the extent that the Company recovers any Recoveries from any third party attributable to the LBL Contracts, the Company shall promptly transfer such amounts to the Reinsurer, together with any pertinent information that the Company may have relating thereto.", "samples": [{"hash": "aNEHRf3DeEf", "uri": "/contracts/aNEHRf3DeEf#additional-consideration", "label": "Reinsurance Agreement", "score": 31.3408622742, "published": true}, {"hash": "7shxm54qqsL", "uri": "/contracts/7shxm54qqsL#additional-consideration", "label": "Reinsurance Agreement (Allstate Corp)", "score": 25.262834549, "published": true}, {"hash": "8zob3QSqx8G", "uri": "/contracts/8zob3QSqx8G#additional-consideration", "label": "Stock Purchase Agreement (Allstate Corp)", "score": 24.553730011, "published": true}], "snippet_links": [{"key": "the-reinsurer", "type": "clause", "offset": [36, 49]}, {"key": "entering-into-this-agreement", "type": "clause", "offset": [50, 78]}, {"key": "inception-date", "type": "clause", "offset": [90, 104]}, {"key": "the-company-hereby", "type": "clause", "offset": [106, 124]}, {"key": "title-and-interest", "type": "clause", "offset": [233, 251]}, {"key": "by-the-company", "type": "clause", "offset": [377, 391]}, {"key": "with-respect-to", "type": "clause", "offset": [474, 489]}, {"key": "lbl-contracts", "type": "definition", "offset": [494, 507]}, {"key": "ceded-reinsurance-contracts", "type": "clause", "offset": [646, 673]}, {"key": "in-respect-of", "type": "clause", "offset": [674, 687]}, {"key": "profit-sharing", "type": "definition", "offset": [764, 778]}, {"key": "other-sums", "type": "clause", "offset": [787, 797]}, {"key": "mortality-and-expense-risk", "type": "clause", "offset": [917, 943]}, {"key": "administrative-expense-charges", "type": "definition", "offset": [953, 983]}, {"key": "rider-charges", "type": "clause", "offset": [985, 998]}, {"key": "maintenance-charges", "type": "clause", "offset": [1009, 1028]}, {"key": "sales-loads", "type": "clause", "offset": [1039, 1050]}, {"key": "other-considerations", "type": "definition", "offset": [1055, 1075]}, {"key": "other-charges", "type": "definition", "offset": [1165, 1178]}, {"key": "amounts-received", "type": "definition", "offset": [1197, 1213]}, {"key": "the-separate-accounts", "type": "clause", "offset": [1248, 1269]}, {"key": "separate-account-charges", "type": "definition", "offset": [1322, 1346]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [1350, 1376]}, {"key": "revenue-sharing-fees", "type": "clause", "offset": [1425, 1445]}, {"key": "service-fees", "type": "definition", "offset": [1447, 1459]}, {"key": "distribution-fees", "type": "clause", "offset": [1464, 1481]}, {"key": "pursuant-to-a", "type": "clause", "offset": [1533, 1546]}, {"key": "plan-adopted", "type": "clause", "offset": [1547, 1559]}, {"key": "rule-12b-1", "type": "definition", "offset": [1572, 1582]}, {"key": "the-investment-company-act-of-1940", "type": "clause", "offset": [1589, 1623]}, {"key": "as-amended", "type": "definition", "offset": [1625, 1635]}, {"key": "general-account", "type": "definition", "offset": [1711, 1726]}, {"key": "company-in", "type": "clause", "offset": [1734, 1744]}, {"key": "without-duplication", "type": "clause", "offset": [1783, 1802]}, {"key": "other-payments", "type": "definition", "offset": [1808, 1822]}, {"key": "other-amounts", "type": "clause", "offset": [2001, 2014]}, {"key": "in-connection-with", "type": "clause", "offset": [2041, 2059]}, {"key": "replacement-policy", "type": "clause", "offset": [2142, 2160]}, {"key": "the-company-agrees-to", "type": "clause", "offset": [2205, 2226]}, {"key": "additional-documents", "type": "definition", "offset": [2250, 2270]}, {"key": "other-steps", "type": "clause", "offset": [2284, 2295]}, {"key": "requested-by", "type": "clause", "offset": [2307, 2319]}, {"key": "transfer-to", "type": "clause", "offset": [2353, 2364]}, {"key": "receipt-by-the", "type": "clause", "offset": [2387, 2401]}, {"key": "the-administrative-services-agreement", "type": "clause", "offset": [2458, 2495]}, {"key": "to-transfer", "type": "clause", "offset": [2582, 2593]}, {"key": "pursuant-to-the", "type": "definition", "offset": [2665, 2680]}, {"key": "permitted-assigns", "type": "definition", "offset": [2863, 2880]}, {"key": "name-of-the-company", "type": "clause", "offset": [2928, 2947]}, {"key": "rights-at-law", "type": "clause", "offset": [2953, 2966]}, {"key": "good-faith", "type": "clause", "offset": [2983, 2993]}, {"key": "claims-of", "type": "clause", "offset": [2994, 3003]}, {"key": "necessary-for", "type": "definition", "offset": [3052, 3065]}, {"key": "the-company-shall", "type": "clause", "offset": [3083, 3100]}, {"key": "dispute-resolution-mechanism", "type": "clause", "offset": [3178, 3206]}, {"key": "relating-to", "type": "definition", "offset": [3207, 3218]}, {"key": "the-parties-acknowledge-and-agree-that", "type": "clause", "offset": [3236, 3274]}, {"key": "responsible-for", "type": "clause", "offset": [3298, 3313]}, {"key": "financial-risk", "type": "clause", "offset": [3341, 3355]}, {"key": "to-the-extent", "type": "clause", "offset": [3404, 3417]}, {"key": "third-party", "type": "definition", "offset": [3468, 3479]}, {"key": "pertinent-information", "type": "clause", "offset": [3600, 3621]}], "hash": "89266af6bb0c51f680268ef3dcd53d10", "id": 6}, {"size": 29, "snippet": "As additional consideration for the Loan Amount, the Borrower hereby covenants and agrees as follows:\nA. Simultaneously with the execution of this Bridge Loan Agreement, the Borrower shall cause the issuance and delivery to the Lender of a warrant in the form annexed hereto as Exhibit \u201cB\u201d and hereby incorporated herein by reference with a five (5) year term (the \u201cWarrant\u201d) entitling the Lender to purchase an aggregate of one share of the Borrower\u2019s Common Stock, $.001 par value per share (the \u201cCommon Stock\u201d) for each $.90 of the Loan Amount loaned to the Borrower hereunder (the \u201cWarrant Shares\u201d). In the event the Total Bridge Loan is lent to the Borrower by the Lenders, the Borrower will issue an aggregate of 1,833,333 Warrant Shares to the Lenders. The Warrant shall be exercisable at a price of $.45 per Warrant Share, the same price expected to be paid by investors in the Private Offering. The Warrant Shares, which initially will be unregistered (i.e., restricted) securities as that term is defined under the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), shall be registered under the Securities Act in accordance with the following:\n1.) If at any time during the five-year term of the Warrants, the Borrower proposes to file a Registration Statement under the Securities Act (a \u201cRegistration Statement\u201d); it will at such time give written notice to the Lender of its intention to do so. Upon written request of the Lender, given within 15 days after the giving of any such notice by the Borrower, the Borrower will advise the Lender that it shall include the Lender\u2019s Warrant Shares in the Registration Statement. If, however, the offering to which the Registration Statement relates is to be distributed by or through an underwriter or placement agent approved by the Borrower, the Lender may at the Lender\u2019s option agree to sell the Warrant Shares through such underwriter or placement agent on the same terms and conditions as the underwriter or placement agent agrees to sell the other securities proposed to be registered. In addition, if such underwriter or placement agent determines that the inclusion of all the Warrant Shares sought to be sold would have an adverse effect on the offering, the Lender shall only be entitled to participate in the underwriting and register the Lender\u2019s Warrant Shares on a pro rata basis or as such other lesser quantity of the Warrant Shares as the underwriter or placement agent may determine in its discretion.\n2.) The Borrower hereby covenants and agrees that it shall prepare and promptly file with the Securities and Exchange Commission (the \u201cCommission\u201d) all amendments, post-effective amendments and supplements to the Registration Statement as may be necessary under the Securities Act and the regulations of the Commission to permit the sale of the Warrant Shares to the public; and\n3.) The rights of the Lender hereof pursuant to this Section 1.5 may be exercised only by the Lender or any affiliate thereof.\nB. The Lenders shall have the right and option to convert the entire unpaid balance of the Total Loan Amount and all unpaid interest due thereunder into shares of Common Stock at the rate of $.45 per share of Common Stock (the \u201cConversion Shares\u201d). The Borrower shall register the Conversion Shares under the Securities Act in the same manner as the Warrant Shares; and the Conversion Shares shall be subject to the same conditions and restrictions as the Warrant Shares. If the Total Loan Amount principal is converted to Common Stock, the Borrower will issue an aggregate of 3,666,667 Conversion Shares to the Lenders.", "samples": [{"hash": "eoIK33HAQHw", "uri": "/contracts/eoIK33HAQHw#additional-consideration", "label": "Bridge Loan Agreement", "score": 29.3408622742, "published": true}, {"hash": "46Uwr6amCGj", "uri": "/contracts/46Uwr6amCGj#additional-consideration", "label": "Bridge Loan Agreement (Iptimize, Inc.)", "score": 20.0, "published": true}, {"hash": "5egmnbgNwMn", "uri": "/contracts/5egmnbgNwMn#additional-consideration", "label": "Bridge Loan Agreement (Iptimize, Inc.)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-loan-amount", "type": "clause", "offset": [32, 47]}, {"key": "the-borrower-hereby", "type": "clause", "offset": [49, 68]}, {"key": "the-execution", "type": "clause", "offset": [125, 138]}, {"key": "bridge-loan-agreement", "type": "clause", "offset": [147, 168]}, {"key": "the-borrower-shall", "type": 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[["additional-considerations", "Additional Considerations", "<strong>Additional Considerations</strong>"], ["initial-consideration", "Initial Consideration", "Initial Consideration"], ["no-additional-consideration", "No Additional Consideration", "No <strong>Additional Consideration</strong>"], ["total-consideration", "Total Consideration", "Total Consideration"], ["special-considerations", "Special Considerations", "Special Considerations"]], "related_snippets": [], "updated": "2026-04-30T06:05:53+00:00", "also_ask": ["What strategic advantages can be gained by including an Additional Consideration clause?", "Which essential elements must be drafted to ensure the clause is enforceable?", "What are the most common risks or pitfalls associated with Additional Consideration provisions?", "How does the treatment of Additional Consideration differ across key jurisdictions?", "What standards do courts apply to determine the sufficiency and validity of Additional Consideration?"], "drafting_tip": "Specify the form and timing of additional consideration to prevent disputes; clarify conditions triggering payment to ensure enforceability; define parties' obligations to avoid ambiguity.", "explanation": "The \"Additional Consideration\" clause defines any extra value, payment, or benefit that one party agrees to provide beyond the main terms of the contract. This could include supplementary fees, services, or goods that are not part of the original agreement but are added to incentivize or compensate the other party. By specifying these additional obligations, the clause ensures both parties are clear on what extra is being exchanged, thereby preventing misunderstandings and supporting the enforceability of the agreement."}, "json": true, "cursor": ""}}