In consideration for Clause Samples

The "In consideration for" clause defines the reason or benefit exchanged between parties as part of a contract. It typically specifies what one party is providing—such as payment, services, or goods—in return for the other party’s obligations or performance. For example, it may state that a buyer will pay a certain amount in exchange for delivery of products. This clause is essential because it establishes the mutual exchange that forms the basis of a legally binding agreement, ensuring that each party understands what they are giving and receiving.
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In consideration for. 9.1.1 handling and forwarding certified and traceable courier mail and certain first class correspondence, and
In consideration for the Payments and other Paragraph 1 benefits, Employee knowingly and voluntarily releases and forever discharges the Company and/or its parent, subsidiary, affiliated, predecessor, or successor companies, its/their past or present owners, stockholders, directors, officers, employees, contractors, agents, attorneys, insurers, assigns, and representatives (the “Released Parties”) from all actions, suits, claims, demands, damages, monies, injunctive relief, attorney’s fees, liabilities, debts, grievances, arbitrations, charges, interest, expenses and costs, contracts, equity, stock (including “phantom stock”), stock options, ownership interest, profit share, management fees, promises, judgments, awards, orders, executions or demands of any nature whatsoever, and/or causes of action of whatever kind or character whether known or unknown, suspected or unsuspected, which Employee ever had, now has, or which Employee’s heirs, assigns, executors or administrators hereafter can, shall or may have, arising out of or relating in any way to any acts, circumstances, facts, transactions, omissions, or other subject matters, based on facts occurring prior to the time Employee executes this Agreement.
In consideration for. 8.1.1.1 the Interconnection of their respective Systems; 8.1.1.2 the conveyance on the System operated by one Party of Calls handed over to it from the System operated by the other Party;
In consideration for. (i) the Company’s payments to and other valuable benefits provided to Employee in accordance with Section 2 of the Agreement that accrue to the benefit of Employee when this Release becomes effective, (ii) the other promises and covenants of the Company set forth in the Agreement to which Employee acknowledges she is not otherwise entitled, and (iii) other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the Parties, Employee hereby fully, finally, and completely releases the Released Parties, of and from any and all claims, actions, demands, and/or causes of action, of whatever kind or character, whether now known or unknown, arising from, relating to, or in any way connected with, facts or events occurring contemporaneously with or before the execution of this Release. Employee agrees that the foregoing release includes without limitation a release of any negligence claims, contractual claims, compensation claims, disability, wrongful discharge claims, and claims of discrimination of every possible kind, including but not limited to, claims on the basis of race, color, sex, national origin, religion, any personal injury claims, and any related attorney’s fees and costs, and claims, if any, that she may have against any of the Released Parties, including without limitation: i. any claim under federal, state, or local law that provides civil remedies for the enforcement of rights arising out of the employment relationship, including, without limitation, discrimination and retaliation claims, such as claims or causes of action under Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000 et seq.; The Civil Rights Act of 1866, as amended, 42 U.S.C. § 1981; The Civil Rights Act of 1991, as amended, 42 U.S.C. § 1981a; Americans With Disabilities Act, as amended, 42 U.S.C. § 12101 et seq.; Fair Labor Standards Act, as amended, 29 U.S.C. § 201, et seq.; Employee Retirement Income Security Act, as amended, 29 U.S.C. § 1000 et seq.; Family and Medical Leave Act, as amended, 29 U.S.C. § 2601, et seq.; or any other statute prohibiting discrimination or retaliation in employment under any federal, state, or local law; and ii. claims for unpaid or withheld wages, relocation allowances or benefits, other benefits, commissions, stock options, bonuses or profit-sharing, wrongful discharge, breach of contract, breach of fiduciary duty, promissory estoppel, fraud, breach of any implied covenants, assault, batte...
In consideration for. (i) a cash payment to Seller of USD $3,750,000, less the aggregate amount of the Initial Review Payment of USD $50,000 and those certain Monthly Payments of USD $100,000 each, such payments in the aggregate totaling USD $________, pursuant to the Letter of Intent by and between Seller and Buyer, dated May 23, 2009; and (ii) the issuance to Seller of common shares of Buyer at a deemed price of CDN $0.50 per share having an aggregate deemed value of USD $3,750,000, based upon the average noon rate of exchange as posted by the Bank of Canada for the ten (10) business day period ending three (3) business days prior to the effective date of Agreement; Seller hereby sells, assigns, transfers and conveys to Buyer an undivided seventy percent (70%) of its right, title and interest in and to that real property situated in the County of ▇▇▇▇▇▇▇▇▇, State of Nevada, as more fully set forth and described in that certain Quitclaim Deed attached hereto as Exhibit A and incorporated herein.
In consideration for. 2.1.1 the Interconnection of their respective Systems; and 2.1.2 the conveyance on its System of Calls originating on the System operated by the other Party, 2.1.3 the conveyance of any Onward Routed Call, including ported calls, across the respective System’s. the Parties shall pay to one another the Interconnect Charges provided for in this Appendix 4 (Charges).
In consideration for. Red House issuing ▇▇▇▇ ▇ ▇▇▇▇▇ of Access and Reciprocal Parking Easement contemporaneously with this Agreement, ▇▇▇▇ agrees to be responsible for one hundred percent (100%) of the total actual annual costs as invoiced by the Hauler to service the Dumpster and to remove and dispose of the waste contained therein (the “Hauler Costs”). Red House shall be responsible for entering the contract with the Hauler on terms and conditions mutually agreed by the Parties. Red House shall receive and pay the entirety of the invoices for such Hauler Costs directly to Hauler, and RAMI shall reimburse Red House in an amount equal to one hundred percent (100%) of such paid invoices (“▇▇▇▇’s Share”). The Parties shall agree upon the timing and method of reimbursement for ▇▇▇▇’s Share of the Hauler Costs. Red House shall provide copies of all invoices evidencing Hauler Costs with proof of payment upon request.
In consideration for the services to be provided by GPS under this Contract and the separate Engagement Letter(s), GPS shall be compensated in accordance with the fee schedule provided in Attachment B. It is understood and agreed that the Participants and NCTCOG shall not be in any way responsible for the payment of the Service Fees or any other fees arising out of this Contract unless agreed to by Participant pursuant to section 2.B of this Contract. Cardholders who elect to utilize the Services as a part of the Project shall be solely responsible for paying the Service Fee. Excluding the GPS Service Fee, Participant shall receive 100% of the monies collected.
In consideration for. Executive to execute and perform this Agreement, the Company agrees to pay Executive on the Effective Date $[162,500.00 (one hundred sixty-two thousand five hundred US Dollars) (less applicable withholding and payroll taxes) and to grant the Executive Release. Capitalized terms used in the Prior Agreement that are not otherwise defined herein shall have the meanings ascribed to such terms when used in this Agreement. The parties hereto confirm the survival of Sections 10(a), (c), (d), and (e), 11, and 12 of the Prior Agreement.
In consideration for. 2.1.1 the Interconnection of their respective Systems; and 2.1.2 the conveyance on its System of Calls of the type envisaged in paragraph 1.1 of Appendix 1: Services; the Parties shall pay to one another the Interconnect Charges provided for in this Appendix 4 (Charges).