Common use of Legal Consideration Clause in Contracts

Legal Consideration. Executive agrees that the Separation Payment referenced in paragraph 2.3 constitutes sufficient legal consideration for her promises and covenants set forth in the Agreement. Executive further acknowledges and agrees that the Separation Payment is not required by the policies and procedures of the Company, by the Employment Agreement or by any other contractual obligation, but rather is offered solely as consideration for Executive’s promises and covenants made pursuant to this Agreement. Executive further agrees that she is not entitled to any other compensation not expressly provided for herein. 3 3.

Appears in 1 contract

Samples: Employment and Retirement Agreement

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Legal Consideration. Executive agrees that the Separation Payment referenced in paragraph 2.3 constitutes sufficient legal consideration for her promises and covenants set forth in the Agreement. Executive further acknowledges and agrees that the Separation Payment is not required by the policies and procedures of the Company, by the Employment Agreement or by any other contractual obligation, but rather is offered solely as consideration for Executive’s promises and covenants made pursuant to this Agreement. Executive further agrees that she is not entitled to any other compensation not expressly provided for herein. 3 3.

Appears in 1 contract

Samples: Executive Employment and Retirement Agreement and Release (Zillow Group, Inc.)

Legal Consideration. Executive agrees that the Separation Payment referenced in paragraph 2.3 constitutes Compensation is sufficient legal consideration for her his promises and covenants set forth in the Agreement. Executive further acknowledges and agrees that the Separation Payment Compensation is not required by the policies and procedures of the Company, by the Employment Agreement or by any other contractual obligation, but rather is offered solely as consideration for Executive’s promises and covenants made pursuant to this Agreement. Executive further agrees that she he is not entitled to any other compensation not expressly provided for herein. 3 3.

Appears in 1 contract

Samples: Executive Separation Agreement and Release (Papa Murphy's Holdings, Inc.)

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Legal Consideration. Executive agrees that the Separation Payment referenced in paragraph 2.3 2.1 constitutes sufficient legal consideration for her promises and covenants set forth in the Agreement. Executive further acknowledges and agrees that the Separation Payment is not required by the policies and procedures of the Company, by the Employment Agreement Company or by any other contractual obligation, but rather is offered solely as consideration for Executive’s promises and covenants made pursuant to this Agreement. Executive further agrees that she is not entitled to any other compensation not expressly provided for herein. 3 3.

Appears in 1 contract

Samples: Executive Severance Agreement and Release (Zillow Group, Inc.)

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