Common use of Mutual Promises Clause in Contracts

Mutual Promises. The Company undertakes the obligations contained in the Employment Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee’s promises and obligations contained herein. The Company’s obligations are undertaken in lieu of any other employment benefits.

Appears in 18 contracts

Samples: Employment Agreement (Universal Technical Institute Inc), Employment Agreement (Universal Technical Institute Inc), Employment Agreement (Nuverra Environmental Solutions, Inc.)

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Mutual Promises. The Company undertakes the compensation and benefit obligations contained in Section 9 of the Employment Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee’s promises and obligations contained herein. The Company’s obligations are undertaken in lieu of any other employment benefits.

Appears in 2 contracts

Samples: Employment Agreement (Universal Technical Institute Inc), Employment Agreement (Universal Technical Institute Inc)

Mutual Promises. The Company undertakes the obligations contained in the Employment Prior Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee’s promises and obligations contained herein. The Company’s obligations are undertaken in lieu of any other employment benefits.

Appears in 1 contract

Samples: Employment Agreement (Nuverra Environmental Solutions, Inc.)

Mutual Promises. The Company undertakes the obligations contained in the Employment Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee’s promises and obligations contained herein. The Company’s obligations are undertaken in lieu of any other employment severance benefits.

Appears in 1 contract

Samples: Employment Agreement (Universal Technical Institute Inc)

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Mutual Promises. The Company undertakes the obligations contained in the Employment Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee’s promises and obligations contained herein. The Company’s obligations are undertaken in lieu of any other employment benefits.

Appears in 1 contract

Samples: Transition and Separation Agreement (Universal Technical Institute Inc)

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