Common use of Acknowledgement and Approval Clause in Contracts

Acknowledgement and Approval. A. Employee has carefully read and fully understands all the provisions of this Agreement, and that acknowledges that Employee has not relied upon any representation or statement, written or oral, not set forth in this Agreement. B. Except for the provisions of the Employment Agreement that survive or are expressly incorporated into this Agreement, and the Resignation Policies, Employee acknowledges that this Agreement constitutes the entire agreement between the parties hereto and supersedes all prior negotiations, understandings and agreements, whether oral or written of any nature whatsoever that is the subject matter hereof, and there are no representations, warranties, understandings or agreements other than those expressly set forth herein between the Company and Employee. Employee further acknowledges that if the terms of this Agreement and the Employment Agreement differ, this Agreement shall govern. C. This Agreement, and all the provisions contained herein, shall be binding upon, and shall inure to the benefit of, the parties hereto, and their respective heirs, successors, and assigns. D. In the event any provision of this Agreement is deemed invalid, illegal, void or unenforceable, such provision will be regarded as stricken from the Agreement, and will not affect the validity or enforceability of the remainder of the Agreement. E. This Agreement is to be construed under the laws of the State of Nevada and federal law as applicable. Except to the extent governed by ERISA and the Resignation Policies, any dispute arising under this Agreement shall be governed by the arbitration provisions of Exhibit B of the Employment Agreement, and this Agreement incorporates Exhibit B by reference into this Agreement. The Company reserves all rights and remedies otherwise provided under the Employment Agreement, unless specifically waived herein.

Appears in 2 contracts

Samples: Separation Agreement, Separation Agreement (MGM Resorts International)

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Acknowledgement and Approval. A. Employee has carefully read and fully understands all the provisions of this Agreement, and that acknowledges that Employee has not relied upon any representation or statement, written or oral, not set forth in this Agreement. B. Except for the provisions of the Employment Agreement that survive or are expressly incorporated into this Agreement, and the Resignation Policies, Employee acknowledges that this Agreement constitutes the entire agreement between the parties hereto and supersedes all prior negotiations, understandings and agreements, whether oral or written of any nature whatsoever that is the subject matter hereof, and there are no representations, warranties, understandings or agreements other than those expressly set forth herein between the Company and Employee. Employee further acknowledges that if the terms of this Agreement and the Employment Agreement differ, this Agreement shall govern. C. This Agreement, and all the provisions contained herein, shall be binding upon, and shall inure to the benefit of, the parties hereto, and their respective heirs, successors, and assigns. D. In the event any provision of this Agreement is deemed invalid, illegal, void or unenforceable, such provision will be regarded as stricken from the Agreement, and will not affect the validity or enforceability of the remainder of the Agreement. E. This Agreement is to be construed under the laws of the State of Nevada and federal law as applicable. Except to the extent governed by ERISA and the Resignation Policies, any Any dispute arising under this Agreement shall be governed by the arbitration provisions of Exhibit B of the Employment Agreement, and this Agreement incorporates Exhibit B by reference into this Agreement. The Company reserves all rights and remedies otherwise provided under the Employment Agreement, unless specifically waived herein.

Appears in 2 contracts

Samples: Separation Agreement, Separation Agreement (MGM Resorts International)

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Acknowledgement and Approval. A. The Employee acknowledges that he has carefully read and fully understands all the provisions of this Agreement, and that acknowledges that Employee he has not relied upon any representation or statement, written or oral, not set forth in this Agreement. B. Except for the provisions of the Employment Agreement EMPLOYMENT AGREEMENT that survive that agreement or are expressly incorporated into in this Agreement, the Employee hereby acknowledges and the Resignation Policies, Employee acknowledges agrees that this Agreement constitutes the entire agreement between the parties hereto and supersedes all prior negotiations, understandings and agreements, whether oral or written of any nature whatsoever that is the subject matter hereof, and there are no representations, warranties, understandings or agreements other than those expressly set forth herein between the Company and the Employee. . C. The Employee further hereby acknowledges that if he executes this Agreement freely, voluntarily, and with full knowledge of its terms and consequences, and that the Employer has afforded him the time and opportunity to consult with an attorney of his choosing concerning the terms of this Agreement said Agreement, and the Employment Agreement differ, this has encouraged him to do so. This Agreement shall governbe deemed equally drafted by each party. C. D. This Agreement, and all the provisions contained herein, shall be binding upon, and shall inure to the benefit of, the parties hereto, and their respective heirs, successors, and assigns. D. E. In the event any provision of this Agreement is deemed invalid, illegal, void or unenforceable, such provision will be regarded as stricken from the Agreement, and will not affect the validity or enforceability of the remainder of the Agreement. E. F. This Agreement and the EMPLOYMENT AGREEMENT shall constitute the entire understanding between the parties. If the terms of this Agreement and the EMPLOYMENT AGREEMENT differ, this Agreement shall govern. The terms of this Agreement may not be changed orally and are deemed an enforceable contract and not a mere recital. G. This Agreement is to be construed under the laws of the State of Nevada and federal law as applicable. Except to the extent governed by ERISA and the Resignation Policies, any Any dispute arising under this Agreement Release shall be governed by the arbitration provisions of Exhibit B of the Employment AgreementEMPLOYMENT AGREEMENT, and this Agreement incorporates that Exhibit B by reference into this Agreement. The Company reserves all rights and remedies otherwise provided under the Employment Agreement, unless specifically waived herein.

Appears in 1 contract

Samples: Employment Separation Agreement (CityCenter Holdings, LLC)

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