Plan Acknowledgement Sample Clauses
The Plan Acknowledgement clause requires parties to formally recognize and accept the terms and provisions of a specific plan referenced in the agreement. In practice, this means that each party confirms they have reviewed, understood, and agree to be bound by the plan, which could relate to benefits, compensation, or operational procedures. This clause ensures that all parties are aware of and consent to the plan's terms, thereby reducing the risk of future disputes over its applicability or interpretation.
Plan Acknowledgement. Each of the undersigned agree that this Agreement has been executed and delivered, and the Options have been granted hereunder, in connection with and as a part of the compensation and incentive arrangements between the Company and Participant and, except as otherwise specified herein, pursuant to, and subject to each of the terms and conditions of the Plan and the Securities Holders Agreement, and the Participant agrees to be bound by, and comply with, the terms of the Plan and the Securities Holders Agreement. In the event of a conflict between the Employment Agreement and this Agreement, the terms of this Agreement shall control. Without limiting the foregoing, no provisions in the Employment Agreement providing for acceleration of vesting of equity awards shall apply to the Options.
Plan Acknowledgement. Each of the undersigned agree that this Agreement has been executed and delivered, and the Option has been granted hereunder, in connection with and as a part of the compensation and incentive arrangements between the Company and Participant and, except as otherwise specified herein, pursuant to, and subject to each of the terms and conditions of the Plan and the Securities Holders Agreement, and the Participant agrees to be bound by, and comply with, the terms of the Plan and the Securities Holders Agreement. Capitalized terms used in this Agreement and not defined shall have the meanings ascribed thereto in the Plan or , if no meaning is ascribed thereto in the Plan, the meaning ascribed thereto in the Securities Holders Agreement.
Plan Acknowledgement. I acknowledge that I have received a copy of this Plan effective as of January 1, 2005. I also acknowledge that I have read, understand, and agree to abide by the terms and conditions contained therein.
Plan Acknowledgement. The undersigned agrees that this Agreement has been executed and delivered, and the Option has been granted hereunder, in connection with and as a part of the compensation and incentive arrangements between the Company and the Participant and pursuant to the terms and conditions of the Plan. The Participant agrees to be bound by, and comply with, the terms of the Plan. Capitalized terms used in this Agreement and not defined herein shall have the meanings ascribed thereto in the Plan.
Plan Acknowledgement. Employee acknowledges that he/she has received a copy of this Plan and associated Addendum A. Employee also acknowledges that he/she has read, understands, and agrees to abide by the terms and conditions contained therein.