Valid Consideration. The Units, when issued in accordance with this Agreement and the Partnership Agreement of Operating Partnership, will be duly and validly issued, and the issuance thereof will not be subject to preemptive or other similar rights.
Valid Consideration. The Executive and Company agree that Company's payment of the Severance Benefits is not required by Company's policies or procedures and is given as consideration for the Release under this Agreement.
Valid Consideration. Employee and Company agree that payment by Company to Employee of the amounts described in Section 2 of this Agreement is not required by Company policies or procedures or by any contractual obligation of Company, and is offered by Company solely as consideration for this Agreement.
Valid Consideration. Employee and HouseValues Inc. agree that the offer of severance pay and benefits by HouseValues Inc. to Employee described in the preceding paragraph is offered by HouseValues Inc. solely as consideration for this Agreement. In the event Employee fails to abide by the terms of this Agreement, HouseValues Inc. may elect, at its option and without waiver of other rights or remedies it may have, not to pay or provide any unpaid severance payments, and to seek to recover previously paid severance pay.
Valid Consideration. 6 6. Representations, Warranties and Agreements of Contributors.............. 6 6.1 Title; Authority to Assign..................................... 7 6.3 Insolvency..................................................... 7 6.4 Litigation..................................................... 7 6.5 Binding Obligation, etc........................................ 7 6.6 Brokers........................................................ 8 6.7 Securities Act and Other Representations and Agreements........ 8 7.
Valid Consideration. The Pledgor acknowledges, and represents, that he will realize significant benefits by granting the pledge of the Pledged Collateral hereunder, including in his capacity as a shareholder and officer of the Company.
Valid Consideration. Employee and HouseValues Inc. agree that the offer of severance pay by HouseValues Inc. to Employee described in the preceding paragraph is not required by HouseValues Inc.’s policies or procedures or by any pre-existing contractual obligation of HouseValues Inc. or by any statute, regulation or ordinance, and is offered by HouseValues Inc. solely as consideration for this Agreement. In the event Employee fails to abide by the terms of this Agreement, HouseValues Inc. may elect, at its option and without waiver of other rights or remedies it may have, not to pay or provide any unpaid severance payments, and to seek to recover previously paid severance pay.
Valid Consideration. Executive recognizes and agrees that Coinstar's commitments and undertakings herein are not required by Coinstar's policies or procedures or by any contractual obligation of Coinstar and are solely as consideration for resolution of the severance arrangements between Executive and Coinstar arising out of his employment.
Valid Consideration. Sxxxxxx and Starbucks agree that the offer of compensation by Starbucks to Sxxxxxx described in Paragraph 2 is not required by Starbucks policies or procedures or by any pre-existing contractual obligation of Starbucks or by any statute, regulation or ordinance, and is offered by Starbucks solely as consideration for this Agreement.
Valid Consideration. In exchange for Employee's release and waiver as part of this Agreement, Employee acknowledges that he/she is receiving adequate consideration in the form of Termination Benefits as described in Section 10 that exceed those to which Employee is entitled apart from this Agreement.
