Employee Understands the Terms of this Agreement Sample Clauses

Employee Understands the Terms of this Agreement. Other than stated herein, Employee warrants that (a) no promise or inducement has been offered for this Agreement; (b) this Agreement is executed without reliance upon any statement or representation of the Company or its representatives concerning the nature and extent of any claims or liability therefor, if any; (c) Employee is legally competent to execute this Agreement and accepts full responsibility therefor; (d) the Company has advised Employee to consult with an attorney, and Employee has had a sufficient opportunity to consult with an attorney; (e) the Company has allowed Employee twenty-one (21) days within which to consider this proposed Agreement; and (f) Employee fully understands this Agreement and has been advised by counsel (or has consciously chosen not to seek counsel) of the consequences of signing this Agreement. The parties acknowledge and agree that if Employee has not signed this proposed Agreement within the twenty-one (21) day period following the Company’s presentation of the offer of this Agreement to Employee, then the offer of this Agreement shall expire by its own terms and be of no further force or effect without any further action required on the part of the Company.
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Employee Understands the Terms of this Agreement. Other than stated herein, Employee warrants that (a) no promise or inducement has been offered for this Agreement; (b) this Agreement is executed without reliance upon any statement or representation of the Company or its representatives concerning the nature and extent of any claims or liability therefor, if any; (c) Employee is legally competent to execute this Agreement and accepts full responsibility therefor; (d) the Company has advised Employee to consult with an attorney, and Employee has had a sufficient opportunity to consult with his personal attorney, the costs and fees for which shall be paid by the Company in accordance with Section 1 of this Agreement; (e) the Company has allowed Employee twenty-one (21) days within which to consider this proposed Agreement; (f) Employee fully understands that after signing this Agreement, Employee shall have fifteen (15) days within which to nullify and rescind this Agreement, in accordance with Section 8 of this Agreement; and (f) Employee fully understands this Agreement and has been advised by his independent legal counsel of the consequences of signing this Agreement. The parties acknowledge and agree that if Employee has not signed this proposed Agreement within the twenty-one (21) day period following the Company’s presentation of the offer of this Agreement to Employee on the Separation Date, then the offer of this Agreement shall expire by its own terms and be of no further force or effect without any further action required on the part of the Company. Dated: February 1, 2015 /s/ Xxxxx X. Xxxxxxx XXXXX X. XXXXXXX Dated: February 10, 2015 PENTAIR MANAGEMENT COMPANY By /s/ Xxxxxxxxx X. Xxxxx Xxxxxxxxx X. Xxxxx
Sample 1See All (5)
Employee Understands the Terms of this Agreement. Other than stated herein, Employee warrants that (a) no promise or inducement has been offered for this Agreement; (b) this Agreement is executed without reliance upon any statement or representation of the Company or its representatives concerning the nature and extent of any claims or liability therefor, if any; (c) Employee is legally competent to execute this Agreement and accepts full responsibility therefor; (d) the Company has advised Employee to consult with an attorney regarding the purpose and effect of this Agreement; (e) the Company allowed Employee twenty-one (21) days within which to consider this proposed Agreement, and (f) Employee fully understands this Agreement and has had a sufficient opportunity to be advised by counsel of the consequences of signing this Agreement. The parties acknowledge and agree that if Employee has not signed this proposed Agreement within the twenty-one (21) day period following the Company’s presentation of the offer of this Agreement to Employee, then the offer of this Agreement shall expire by its own terms and be of no further force or effect without any further action required on the part of the Company. Xxxxxx Xxxxxxxx Dated: September 18, 2015 /s/ Xxxxxx Xxxxxxxx Dated: September 18, 2015 PENTAIR MANAGEMENT COMPANY By /s/ Xxxxxxxxx X. Xxxxx Xxxxxxxxx X. Xxxxx Its Senior Vice President, Human Resources Dated: September 18, 2015 By /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Its Senior Vice President, General Cousnel & Secretary EXHIBIT A POST-EMPLOYMENT RELEASE OF CLAIMS
Sample 1
Employee Understands the Terms of this Agreement. Other than stated herein, Employee warrants that (a) no promise or inducement has been offered for this Agreement; (b) this Agreement is executed without reliance upon any statement or representation of the Company or its representatives concerning the nature and extent of any claims or liability therefor, if any; (c) Employee is legally competent to execute this Agreement and accepts full responsibility therefor; (d) the Company has advised Employee to consult with an attorney; (e) the Company has allowed Employee at least twenty-one (21) days within which to consider this Agreement; and (f) Employee fully understands this Agreement and has been advised by counsel of the consequences of signing this Agreement. Dated: EMPLOYEE Dated: PENTAIR, INC. By Its Exhibit A Stock Options Grant Expiration Plan Grant Shares Exercise Period Date Date ID Type Granted Price Outstanding Exercisable following Termination 1/19/1994 1/19/1999 1990 Incentive 600 $8.88 0 0 current 1/18/1995 1/18/2000 1990 Incentive 624 $10.75 0 0 current 1/22/1996 1/22/2001 1990 Incentive 804 $12.50 0 0 current 1/22/1997 1/22/2002 1990 Incentive 762 $15.50 0 0 current 1/22/1998 1/22/2008 1990 Incentive 15,964 $17.50 0 0 current 1/22/1998 1/22/2008 1990 Non-Qualified 36 $17.50 0 0 current 1/14/1999 1/14/2009 1990 Incentive 5,516 $19.81 0 0 current 1/14/1999 1/14/2009 1990 Non-Qualified 10,484 $19.81 0 0 current 1/3/2000 1/3/2010 1990 Incentive 5,528 $18.09 0 0 current 1/3/2000 1/3/2010 1990 Non-Qualified 12,472 $18.09 0 0 current 1/2/2001 1/2/2011 1990 Incentive 8,792 $11.38 0 0 current 1/2/2001 1/2/2011 1990 Non-Qualified 18,208 $11.38 0 0 current 1/2/2002 1/2/2012 1990 Incentive 5,510 $18.15 0 0 current 1/2/2002 1/2/2012 1990 Non-Qualified 14,490 $18.15 0 0 current 1/2/2003 1/2/2013 1990 Non-Qualified 30,276 $17.47 0 0 current 1/2/2003 1/2/2013 1990 Incentive 5,724 $17.47 0 0 current 1/2/2004 1/2/2014 1990 Non-Qualified 55,630 $22.88 0 0 current 1/2/2004 1/2/2014 1990 Incentive 4,370 $22.88 0 0 current 2/6/2004 1/3/2010 1990 Non-Qualified/RL 3,746 $26.70 0 0 current 2/6/2004 1/3/2010 1990 Non-Qualified/RL 8,450 $26.70 0 0 current 2/6/2004 1/2/2011 1990 Non-Qualified/RL 3,744 $26.70 0 0 current 2/6/2004 1/2/2011 1990 Non-Qualified/RL 7,756 $26.70 0 0 current 1/6/2005 1/6/2015 1990 Non-Qualified 37,558 $40.95 37,558 26,666 current 90 days 10,892 on 01/06/2008 1/6/2005 1/6/2015 1990 Incentive 2,442 $40.95 2,442 0 current 2,442 on 01/06/2008 3/15/2005 1/2/2012 1990 Non-Qualified/RL 6,446 $40.79 6...
Sample 1
Employee Understands the Terms of this Agreement. Other than stated herein, Employee warrants that (a) no promise or inducement has been offered for this Agreement; (b) this Agreement is executed without reliance upon any statement or representation of the Company or its representatives concerning the nature and extent of any claims or liability therefor, if any; (c) Employee is legally competent to execute this Agreement and accepts full responsibility therefor; and (d) the Company has advised Employee to consult with an attorney, and Employee has had a sufficient opportunity to consult with an attorney. 8-1-2016 Dated: 8-1-2016 XXXX X. XXXXXXX /s/ Xxxx X. Xxxxxxx Dated: 8-1-2016 INVESTORS REAL ESTATE TRUST By: /s/ Xxx X. Xxxxxx Its: Executive Vice President and Chief Financial Officer
Sample 1

Related to Employee Understands the Terms of this Agreement

  • Terms of this Agreement The Parties acknowledge that this Agreement and all of the respective terms of this Agreement shall be treated as Confidential Information of both Parties.

  • Terms and Conditions of this Agreement 1. The PROVIDER retains ownership of the MATERIAL, including any MATERIAL contained or incorporated in MODIFICATIONS.

  • Benefits of this Rights Agreement Nothing in this Rights Agreement shall be construed to give to any Person other than the Company, the Rights Agent and the registered holders of the Right Certificates (and, prior to the Distribution Date, the Common Stock) any legal or equitable right, remedy or claim under this Rights Agreement; but this Rights Agreement shall be for the sole and exclusive benefit of the Company, the Rights Agent and the registered holders of the Right Certificates (and, prior to the Distribution Date, the Common Stock).

  • ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment or in the event that the Investment Management Agreement between the Manager and the Fund shall have terminated for any reason; and this Agreement shall not be amended unless such amendment is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Fund, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Fund who are not interested persons of the Fund or of the Manager or the Portfolio Manager.

  • Terms Herein Controlling Provisions The terms of this attachment shall prevail and control over the terms of any other conflicting provision in any other document relating to and a part of the Agreement.

  • Amendments of this Agreement This Agreement may be amended by the parties only if such amendment is specifically approved by (i) the Board of Directors of the Fund, to the extent permitted by the Investment Company Act, or by the vote of a majority of the outstanding shares of the Portfolio, and (ii) by the vote of a majority of those directors of the Fund who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval.

  • Entire Agreement; Amendment of this Agreement This Agreement constitutes the entire agreement between the parties with respect to the Funds. No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought.

  • TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT (a) This Agreement shall go into effect as to the Fund on the date set forth above and shall, unless terminated as hereinafter provided, continue in effect for a period of two years from the date of approval by shareholders of the Fund at a meeting called for the purpose of such approval. This Agreement shall continue in effect thereafter for additional periods not exceeding one (l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees of the Trust or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” shall have the meanings as set forth in the 1940 Act;

  • Amendment of this Agreement No provision of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against whom enforcement of the change, waiver, discharge or termination is sought, and no amendment of this Agreement shall be effective until approved in a manner consistent with the 1940 Act and rules and regulations thereunder and any applicable SEC exemptive order therefrom.

  • Assignment of this Agreement (a) We may assign, transfer, sub-contract or sell our rights, benefits or obligations under this Agreement at any time to any of our Affiliates or to an unaffiliated third party and you consent to this without us having to notify you.

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