Consideration for Restrictions and Covenants Sample Clauses

Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration for the Company’s agreement to make the payments provided in this Agreement to Executive is Executive’s compliance with the undertakings set forth in this Section 5. Notwithstanding any other provision of this Agreement to the contrary, Executive agrees to comply with the provisions of this Section 5 only if Executive actually receives any such payments from the Company pursuant to this Agreement.
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Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that the principal consideration for the agreement to make the payments provided in this Agreement by the Company to Executive and the grant to the Executive options to purchase common stock of the Company ("Common Stock") is the Executive's compliance with the undertakings set forth in this Section 9. Specifically, the Executive agrees to comply with the provisions of this Section 9 irrespective of whether the Executive is entitled to receive any such payments.
Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that the principal consideration for the agreement to make the severance payments provided in this Agreement by the Company to Executive is the Executive's compliance with the undertakings set forth in this Section 3. Specifically, the Executive agrees to comply with the provisions of this Section 3 irrespective of whether the Executive is entitled to receive any such payments.
Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that the principal consideration for the agreement to make the payments provided in Sections 3 and 4 hereof from the Company to the Officer and the grant to the Officer of the stock units of the Company as set forth in Section 2 hereof is the Officer's compliance with the undertakings set forth in this Section 11. Specifically, Officer agrees to comply with the provisions of this Section 11 irrespective of whether the Officer is entitled to receive any payments under Section 3 or 4 of this Agreement.
Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that the principal consideration for the agreement to make the payments provided in Sections 4, 5, 6 and 10 hereof from the Company to the Executive and the grant to the Executive of the options of the Company as set forth herein is the Executive's compliance with the undertakings set forth in this Section 11. Specifically, the Executive agrees to comply with the provisions of this Section 11 irrespective of whether the Executive is entitled to receive any payments under Sections 4, 5, 6 or 10 of this Agreement.
Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that a principal consideration for the agreement to make the payments provided in Section 2 hereof is Executive’s compliance with the undertakings set forth in this Section 4. b.
Consideration for Restrictions and Covenants. The Company and Employee agree that the principal consideration for the agreement to make the payments provided in this Agreement by the Company to Employee is the Employee’s compliance with the undertakings set forth in this Section 6. Notwithstanding any other provision of this Agreement to the contrary, the Employee agrees to comply with the provisions of this Section 6 only if the Employee actually receives any such payments from the Company pursuant to this Agreement.
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Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that the principal consideration for the agreement to make the payments provided in Sections 3 and 4 hereof from the Company to the Executive and the grant to the Executive of the stock units of the Company as set forth in Section 2 hereof is the Executive's compliance with the undertakings set forth in this Section 11. Specifically, Executive agrees to comply with the -6- XXXXXX provisions of this Section 11 irrespective of whether the Executive is entitled to receive any payments under Section 3 or 4 of this Agreement; , r, that, notwithstanding anything to the contrary contained herein or in the Release Agreement, the Executive shall not be bound by the provisions of Section 11(d) if the Executive's employment is terminated pursuant to Section 4(b)(ii).
Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that the principal consideration for the agreement to make the payments provided in Section 2 hereof from the Company to Executive, in addition to Executive’s willingness to provide services and advice beyond the Resignation Date, is Executive’s compliance with the undertakings set forth in this Section 6, which the parties acknowledge extend beyond the scope of the related covenants in the Employment Agreement. b.
Consideration for Restrictions and Covenants. The parties hereto acknowledge and agree that the principal consideration for the agreement to make the payments provided in Sections 3 and 4 hereof from the Company to Xxxxxxxxx and the grant to Xxxxxxxxx of the stock units of the Company as set forth in Section 2 hereof is Xxxxxxxxx'x compliance with the undertakings set forth in this Section 10. Specifically, Xxxxxxxxx agrees to comply with the provisions of this Section 10 irrespective of whether Xxxxxxxxx is entitled to receive any payments under Section 3 or 4 of this Agreement.
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