C onsideration Clause Samples

C onsideration. In consideration for the sale and purchase of the LLC Membership Interests, IGU shall pay to AIDEA the sum of $54,000,000, plus the amount of the Calculated Return as of the Closing Date. The consideration described in this Section 2.2 is the “Purchase Price.”

C onsideration. Following my execution of this Agreement, and in exchange (consideration) for the promises I make in this Agreement, Microsoft agrees to waive my repayment of my cash bonus of Twenty- Five Thousand Dollars ($25,000.00) Microsoft is otherwise entitled to recoup due to my voluntary resignation before July 11, 2017, pursuant to my Offer Letter dated ▇▇▇▇ 19, 2016 (attached). I acknowledge that this is valuable consideration to me. I further understand that, under any applicable stock option grant agreements, I must exercise any and all vested stock options within the time period set forth in the applicable grant agreement.

C onsideration. In settlement of all the claims referred to in this Settlement Agreement, the Parties reached an accord on the compensation due, under the private attorney general doctrine and principles of contract law. Under these legal principles, Forager shall pay a total of Fifty-Five Thousand Dollars ($55,000.00) Payment as a full and complete settlement and for fees and costs, incurred as a result of investigating and bringing this matter to attention. The Total Settlement Payment shall be made as prescribed herein.

C onsideration. The above Settlement Payments, Service Payments, payment of Attorneys’ Fees, Expenses, and Costs, payment of the Expenses of Mediator, and payment of the Third-Party Administrator, all constitute good, valid, and sufficient consideration for this Agreement and for the waiver and release of claims in the Releases.

C onsideration. (1) As consideration for the LMMCRR IGT Payments, PROVIDER shall use the LMMCRR IGT Payments for the following purposes and shall treat the LMMCRR IGT Payments in the following manner: (a) The LMMCRR IGT Payments shall represent compensation for Medi-Cal services rendered to Medi-Cal PLAN members by PROVIDER during the State fiscal year to which the LMMCRR IGT Payments apply. (b) To the extent that total payments received by PROVIDER for any State fiscal year under this Agreement exceed the cost of Medi-Cal services provided to Medi-Cal beneficiaries by PROVIDER during that fiscal year, any remaining LMMCRR IGT Payment amounts shall be retained by PROVIDER to be expended for health care services. Retained LMMCRR IGT Payment amounts may be used by the PROVIDER in either the State fiscal year for which the payments are received or subsequent State fiscal years. (2) For purposes of subsection (1) (b) above, if the retained LMMCRR IGT Payments, if any, are not used by PROVIDER in the State fiscal year received, retention of funds by PROVIDER will be established by demonstrating that the retained earnings account of PROVIDER at the end of any State fiscal year in which it received payments based on LMMCRR IGT Payments funded pursuant to the Intergovernmental Agreement, has increased over the unspent portion of the prior State fiscal year’s balance by the amount of LMMCRR IGT Payments received, but not used. These retained PROVIDER funds may be commingled with other GOVERNMENTAL FUNDING ENTITY funds for cash management purposes provided that such funds are appropriately tracked and only the depositing facility is authorized to expend them. (3) Both parties agree that none of these funds, either from the GOVERNMENTAL FUNDING ENTITY or federal matching funds will be recycled back to the GOVERNMENTAL FUNDING ENTITY’S general fund, the State, or any other intermediary organization. Payments made by the health plan to providers under the terms of this Agreement constitute patient care revenues.