Common use of Sufficient Consideration Clause in Contracts

Sufficient Consideration. The conversion of CSARs to Converted CSARs and the elimination of discrete Exercise Windows therefor effected by this Amendment constitutes good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Executive’s acceptance of the this Amendment.

Appears in 6 contracts

Sources: Executive Award Agreement (UL Solutions Inc.), Executive Award Agreement (UL Solutions Inc.), Executive Award Agreement (UL Solutions Inc.)

Sufficient Consideration. The conversion of CSARs to Converted CSARs and the elimination of discrete Exercise Windows therefor effected by this Amendment constitutes good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the ExecutiveEmployee’s acceptance of the this Amendment.

Appears in 4 contracts

Sources: Employee Award Agreement (Cash Stock Appreciation Rights) (UL Solutions Inc.), Employee Award Agreement (Cash Stock Appreciation Rights) (UL Solutions Inc.), Employee Award Agreement (UL Solutions Inc.)