Common use of Sufficiency of Consideration Clause in Contracts

Sufficiency of Consideration. Executive acknowledges that the severance provided under Section 2(a) is a special benefit provided to him in return for Executive’s execution of this Agreement. Employer and Executive specifically agree that the consideration provided to Executive pursuant to Section 2(a) is good and sufficient consideration for this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Community West Bancshares), Employment Agreement (Community West Bancshares), Employment Agreement (Community West Bancshares)

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Sufficiency of Consideration. Executive acknowledges that the severance provided under Section 2(a) is a special benefit provided to him in return for Executive’s his execution of this Agreement. Employer Bancorp and Executive specifically agree that the consideration provided to Executive pursuant to Section 2(a) is good and sufficient consideration for this Agreement.

Appears in 3 contracts

Samples: Bank Merger Agreement (Central Valley Community Bancorp), Bank Merger Agreement (Community West Bancshares /), Employment Agreement (Community West Bancshares)

Sufficiency of Consideration. Executive acknowledges that the severance provided under Section 2(a) is a special benefit provided to him in return for Executive’s his execution of this Agreement. Employer Bank and Executive specifically agree that the consideration provided to Executive pursuant to Section 2(a) is good and sufficient consideration for this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Central Valley Community Bancorp)

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Sufficiency of Consideration. Executive acknowledges that the severance provided under Section 2(a) is a special benefit provided to him in return for Executive’s his execution of this Agreement. Employer and Executive specifically agree that the consideration provided to Executive pursuant to Section 2(a) is good and sufficient consideration for this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Central Valley Community Bancorp)

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