Common use of Knowledge of Terms and Conditions Clause in Contracts

Knowledge of Terms and Conditions. Employee has received a copy of this Agreement in advance of his execution hereof and has consulted with his own attorney with respect to the terms and conditions hereof and the transactions contemplated under this Agreement. Employee has executed this Agreement with full knowledge of the terms and conditions contained herein and acknowledges that he has had the opportunity to obtain information regarding the Company and concerning the terms and conditions of this Agreement. In making his decision to enter into this Agreement, Employee has relied solely upon independent investigations he made and acknowledges that he is not relying on the Company, any affiliate of the Company or any officer, director or employee of the Company for advice with respect to any tax or other economic considerations involved in the transactions contemplated under this Agreement, including those arising under Section 409A of the Internal Revenue Code of 1986, as amended.

Appears in 11 contracts

Samples: Employment Agreement (Venoco, Inc.), Employment Agreement (Venoco, Inc.), Employment Agreement (Venoco, Inc.)

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Knowledge of Terms and Conditions. Employee has received a copy of this Agreement in advance of his execution hereof and has consulted with his own attorney with respect to the terms and conditions hereof and the transactions contemplated under this Agreement. Employee has executed this Agreement with full knowledge of the terms and conditions contained herein and acknowledges that he has had the opportunity to obtain information regarding the Company and concerning the terms and conditions of this Agreement. In making his decision to enter into this Agreement, Employee has relied solely upon independent investigations he made and acknowledges that he is not relying on the Company, any affiliate of the Company or any officer, director or employee of the Company for advice with respect to any tax or other economic considerations involved in the transactions contemplated under this Agreement, including those arising under Section 409A of the Internal Revenue Code of 1986, as amended.. * * * Signature Page Follows * * *

Appears in 2 contracts

Samples: Employment Agreement (Venoco, Inc.), Employment Agreement (Venoco, Inc.)

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