Common use of Executive Acknowledgment Clause in Contracts

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to review and discuss this Agreement with legal counsel of his choice prior to execution should he desire to do so, and (d) no strict rules of construction will apply for or against the drafter or any other party. Executive represents that there are no restrictions on his right to enter into this Agreement.

Appears in 6 contracts

Sources: Change in Control Severance Compensation Agreement (Callon Petroleum Co), Change in Control Severance Compensation Agreement (Callon Petroleum Co), Change in Control Severance Compensation Agreement (Callon Petroleum Co)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to review and discuss this Agreement with his personal legal counsel of his choice prior to execution should he desire to do soexecution, and (d) no strict rules of construction will shall apply for or against the drafter or any other party. Executive represents that there are no restrictions on his right to enter into this AgreementParty.

Appears in 5 contracts

Sources: Executive Employment Agreement (Enbridge Inc), Separation Agreement (Alta Mesa Holdings, LP), Separation Agreement (Alta Mesa Resources, Inc. /DE)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to review and discuss this Agreement with legal counsel of his choice prior to execution should he desire to do so, and (d) no strict rules of construction will apply for or against the drafter or any other partyParty. Executive represents that there are no restrictions on his right to enter into this Agreement.

Appears in 4 contracts

Sources: Severance Compensation Agreement (Callon Petroleum Co), Severance Compensation Agreement (Callon Petroleum Co), Severance Compensation Agreement (Callon Petroleum Co)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter matters of this Agreement, (b) he has read this Agreement and understands its terms and conditionsAgreement, (c) he has had ample opportunity been advised by the Company to review consult an independent attorney and discuss this Agreement he has consulted with legal counsel of and been advised by his choice prior to execution should he desire to do soindependent attorney, and (d) no strict rules he understands the terms and conditions of construction will apply for or against the drafter or any other partythis Agreement. Executive represents that there are no restrictions on his right he is free to enter into this Agreement and that he is not subject to another employment agreement with the Company or covenant not to compete with the Company that would conflict with this Agreement.

Appears in 4 contracts

Sources: Employment Agreement (Seitel Inc), Employment Agreement (Seitel Inc), Employment Agreement (Seitel Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement the Agreement, and (c) he understands its terms and conditions, (c) he has had ample opportunity to review and discuss this Agreement with legal counsel of his choice prior to execution should he desire to do so, and (d) no strict rules of construction will apply for or against the drafter or any other party. Executive represents that there are no restrictions on his right he is free to enter into this Agreement including, without limitation, that he is not subject to any other contract of employment or covenant not to compete that would conflict with his duties under this Agreement.

Appears in 3 contracts

Sources: Employment Agreement (Imperial Sugar Co /New/), Employment Agreement (Imperial Sugar Co /New/), Employment Agreement (Imperial Sugar Co /New/)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had is being provided ample opportunity to review and discuss this Agreement with his own legal counsel of his choice prior to execution should he desire to do soexecution, and (d) no strict rules of construction will shall apply for or against the drafter or any other partyParty. Executive represents that there are no restrictions on his right he is free to enter into this Agreement including, without limitation, that he is not subject to any restrictive covenant that would conflict with his rights or duties under this Agreement.

Appears in 2 contracts

Sources: Consulting Agreement (Vaalco Energy Inc /De/), Severance and Consulting Agreement (Vaalco Energy Inc /De/)

Executive Acknowledgment. Executive acknowledges that (a) he she is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he she has read this Agreement and understands its terms and conditions, (c) he she has had ample opportunity to review and discuss this Agreement with her personal legal counsel of his choice prior to execution should he desire to do soexecution, and (d) no strict rules of construction will shall apply for or against the drafter or any other party. Executive represents that there are no restrictions on his right to enter into this AgreementParty.

Appears in 1 contract

Sources: Executive Employment Agreement (Enbridge Inc)

Executive Acknowledgment. Executive acknowledges that (a) he is being knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has having read this Agreement and understands its terms and conditions, (c) he has had having been given an ample opportunity to review and discuss this Agreement with Executive’s personal legal counsel of his choice prior to execution should he desire to do soexecution, and (d) no strict rules of construction will shall apply for or against the drafter or any other partyParty. Executive hereby represents that there are no restrictions on his right Executive is free to enter into this Agreement including, without limitation, that Executive is not subject to any covenant not to compete that would conflict with any duties under this Agreement.

Appears in 1 contract

Sources: Employment Agreement (EV Energy Partners, LP)

Executive Acknowledgment. Executive acknowledges that (a) he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) he has read this Agreement and understands its terms and conditions, (c) he has had ample opportunity to review and discuss this Agreement with his personal legal counsel of his choice prior to execution should he desire to do soExecutive’s initials execution, and (d) no strict rules of construction will shall apply for or against the drafter or any other party. Executive represents that there are no restrictions on his right to enter into this AgreementParty.

Appears in 1 contract

Sources: Executive Employment Agreement (Enbridge Inc)

Executive Acknowledgment. Executive acknowledges that (a) he she is knowledgeable and sophisticated as to business matters, including the subject matter of this the Agreement, (b) he she has read this the Agreement and understands its terms and conditions, (c) he she has had ample opportunity to review and discuss this the Agreement with her legal counsel of his choice prior to execution should he desire to do soexecution, and (d) no strict rules of construction will shall apply for or against the drafter or any other partyParty. Executive represents that there are no restrictions on his right she is free to enter into this the Agreement including, without limitation, that she is not subject to any covenant not to compete that would conflict with her duties under the Agreement.

Appears in 1 contract

Sources: Employment Agreement (Parker Drilling Co /De/)