Fully Understood Sample Clauses

The "Fully Understood" clause affirms that all parties to the agreement acknowledge they have read, understood, and agreed to the terms and conditions set forth in the contract. In practice, this clause often requires parties to confirm that they have had the opportunity to ask questions, seek clarification, or consult with advisors before signing. Its core function is to prevent future disputes by establishing that no party can later claim ignorance or misunderstanding of the contract's provisions.
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Fully Understood. By signing this Agreement, Employee acknowledges and affirms that he has (i) read and understands this Agreement, (ii) consulted with legal counsel of his choosing, (iii) agreed to the terms of this Agreement, and (iv) received a copy of this Agreement.
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Fully Understood. By signing this Agreement, Employee acknowledges and affirms that Employee has read and understood the foregoing release, agreed to its terms, and acknowledges receipt of a copy of the same. Employee also hereby acknowledges and affirms the sufficiency of the consideration recited herein. Employee shall not be entitled
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Fully Understood. The Parties understand and agree that (a) the consideration for this Settlement Agreement is contractual and not a mere recital, (b) the Company’s promise to pay the Settlement Payment is sufficient consideration for the exchange of Individual’s potential claims under the Arrangements, (c) each Party has had the opportunity to engage counsel to review this Settlement Agreement and advise such Party with respect hereto, (d) this Settlement Agreement and the agreements contained herein are binding upon, and inure to the benefit of, the Parties, their respective successors and assigns, and all persons claiming by or through such Parties, and (e) Individual’s sole right here under is to receive the Settlement Payment, and if Individual does not execute this Settlement Agreement, Individual shall have no right to receive the Settlement Payment. Individual understands and agrees that by signing this Settlement Agreement he or she is giving up the right to pursue any legal claims that he or she may have against any of the Company Released Parties. This Settlement Agreement shall be construed as if jointly drafted by the Parties and no presumption or burden of proof shall arise favoring or disfavoring either Party by virtue of the authorship of any provision of this Settlement Agreement.
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Related to Fully Understood

  • Historically Underutilized Businesses (“HUBs”). In accordance with state law, it is TFC’s policy to assist HUBs whenever possible to participate in providing goods and services to the agency. TFC encourages those parties with whom it contracts for the provision of goods and services to adhere to this same philosophy in selecting subcontractors to assist in fulfilling PSP’s obligations with TFC. If PSP subcontracts with others for some or all of the services to be performed under an Assignment to this Agreement, PSP shall comply with all HUB requirements pursuant to Chapter 2161 of the Texas Government Code. At or prior to the execution of an Assignment with a value that is anticipated to meet or exceed One Hundred Thousand and No/100 Dollars ($100,000.00), PSP must provide a completed HUB Subcontracting Plan, which shall be approved by TFC prior to execution of the Assignment. A copy of the HUB Subcontracting Form is attached hereto and incorporated herein for all purposes as Exhibit G. PSP shall provide the HUB Program of TFC with pertinent details of any participation by a HUB in fulfilling the duties and obligations arising under an Assignment, on the HUB Subcontracting Plan Progress Assessment Report (“PAR”). A copy of the PAR Form is attached hereto and incorporated herein for all purposes as Exhibit H.

  • DISADVANTAGED BUSINESS ENTERPRISE OR HISTORICALLY UNDERUTILIZED BUSINESS REQUIREMENTS The Engineer agrees to comply with the requirements set forth in Attachment H, Disadvantaged Business Enterprise or Historically Underutilized Business Subcontracting Plan Requirements with an assigned goal or a zero goal, as determined by the State.

  • Categories of Personal Data The categories of personal data that we will process in connection with the Plan are the Grantee’s: • name; • date of birth; • job title; • home address (and, if different, mailing address) and postal code; • telephone number; • social insurance, national insurance, US taxpayer and/or foreign tax identification number; • salary; • country of citizenship and nationality; • any Common Stock or directorships held in any of the Relevant TriMas Companies; • details of all awards or any other entitlement to Common Stock awarded, cancelled, exercised, vested, unvested or outstanding in Grantee’s favour; and • reference number (where relevant to link the Grantee’s benefits under the Plan to other documentation issued to or from the US Department of the Treasury Internal Revenue Service). The processing of the personal data set out above is mandatory in order for the Relevant TriMas Companies to provide and administer the Plan.

  • SPECIALIZED JOB CLASSES Where there is a particular specialized job class in which the pay rate is below the local market value assessment of that job class, the parties may use existing means under the collective agreement to adjust compensation for that job class.

  • Particular Methods of Procurement of Consultants’ Services 1. Quality- and Cost-based Selection. Except as otherwise provided in paragraph 2 below, consultants’ services shall be procured under contracts awarded on the basis of Quality and Cost-based Selection.