Common use of Separate Consideration Clause in Contracts

Separate Consideration. Employee hereby represents, warrants and agrees with Company that Twelve Thousand Five Hundred Dollars and 00/100 ($12,500.00) 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 4.2 hereof.

Separate Consideration. Employee hereby represents, warrants and agrees with Company that Twelve Twenty-Five Thousand Five Hundred Dollars and 00/100 ($12,500.0025,000.00) 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 4.2 5.2 hereof.