Common use of Separate Consideration Clause in Contracts

Separate Consideration. Employee hereby represents, warrants and agrees with Company that Twenty-Five Thousand Dollars and 00/100 ($25,000.00) of the Severance Payment constitutes good and valuable consideration, the receipt and sufficiency of which are hereby expressly acknowledged, for the covenants and agreements contained in Section 5.2 hereof.

Separate Consideration. Employee hereby represents, warrants and agrees with Company that Twenty-Twelve Thousand Five Thousand Hundred Dollars and 00/100 ($25,000.0012,500.00) of the Severance Payment constitutes good and valuable consideration, the receipt and sufficiency of which are hereby expressly acknowledged, for the covenants and agreements contained in Section 5.2 4.2 hereof.