Common use of Separate and Adequate Age Claim Consideration Clause in Contracts

Separate and Adequate Age Claim Consideration. The Parties expressly agree and acknowledge that a portion of the Severance Benefits in Section 1.1 above represents separate and adequate consideration, to which Employee is not otherwise entitled, in exchange for Employee’s Age Claim Waiver, set out below in Part II. Turning Point’s present promise to provide this consideration is exchanged for Employee’s present release of any Age Claims at the time of the execution of this Release.

Appears in 4 contracts

Samples: Release and Severance Agrement (Turning Point Brands, Inc.), Release and Severance Agrement (Turning Point Brands, Inc.), Release and Severance Agrement (Turning Point Brands, Inc.)

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Separate and Adequate Age Claim Consideration. The Parties expressly agree and acknowledge that a portion of the Severance Benefits in Section 1.1 above represents separate and adequate consideration, to which Employee is not otherwise entitled, in exchange for Employee’s 's Age Claim Waiver, set out below in Part II. Turning Point’s 's present promise to provide this consideration is exchanged for Employee’s 's present release of any Age Claims at the time of the execution of this Release.

Appears in 3 contracts

Samples: Release and Severance Agrement (Turning Point Brands, Inc.), Release and Severance Agrement (Turning Point Brands, Inc.), Release and Severance Agrement (Turning Point Brands, Inc.)

Separate and Adequate Age Claim Consideration. The Parties expressly agree and acknowledge that a portion of the Severance Benefits in Section 1.1 above represents separate and adequate consideration, to which Employee is not otherwise entitled, in exchange for Employee’s 's Age Claim Waiver, set out below in Part II. Turning Point’s 's present promise to provide this consideration is exchanged for Employee’s 's present release of any Age Claims at the time this Release is executed on each of the execution of this Releasefirst and second spaces below.

Appears in 2 contracts

Samples: Release and Severance Agreement (Turning Point Brands, Inc.), Release and Severance Agrement (Turning Point Brands, Inc.)

Separate and Adequate Age Claim Consideration. The Parties expressly agree and acknowledge that a portion of the Severance Benefits in Section 1.1 I .1 above represents separate and adequate consideration, to which Employee is not otherwise entitled, in exchange for Employee’s 's Age Claim Waiver, set out below in Part II. Turning Point’s 's present promise to provide this consideration is exchanged for Employee’s 's present release of any Age Claims at the time of the execution of this Release.

Appears in 2 contracts

Samples: Release and Severance Agreement (Turning Point Brands, Inc.), Release and Severance Agrement (Turning Point Brands, Inc.)

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Separate and Adequate Age Claim Consideration. The Parties expressly agree and acknowledge that a portion of the Severance Benefits in Section paragraph 1.1 above represents separate and adequate consideration, to which Employee Executive is not otherwise entitled, in exchange for Employee’s Executive's Age Claim Waiver, set out below in Part II. Turning Point’s Company's present promise to provide this consideration is exchanged for Employee’s Executive's present release of any claims falling within the scope of the Age Claims Claim Waiver at the time of the execution of this Release.

Appears in 1 contract

Samples: Employment Agreement (Turning Point Brands, Inc.)

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