Common use of Acknowledgements of Executive Clause in Contracts

Acknowledgements of Executive. a. Executive acknowledges that Executive has been advised to consult with an attorney, at Executive's own expense, prior to signing this Release. b. Executive acknowledges that Executive has fully read this Release, understands the contents of this Release, and agrees to its terms and conditions of Executive's own free will, knowingly and voluntarily, and without any duress or coercion. c. Executive understands that this is a FINAL GENERAL RELEASE, and that Executive can make no further claims against the Company having any connection with the events contained herein. Executive also understands that this Release precludes Executive from recovering any damages or other relief as a result of any lawsuit, grievance, charge or claim that may be brought on Executive's behalf and arising out of Executive's employment with the Company, or Executive's resignation or separation from employment with the Company. Executive does not release rights that may arise after the termination of Executive's employment with the Company. d. Executive acknowledges that Executive is receiving adequate consideration for signing this Release. e. Executive acknowledges that this Release is attached to the Agreement, that Executive received a copy of the Agreement, with this form of release attached on _____________, 2002, and that Executive has had more than twenty-one (21) days from the date he received this Release to consider whether to accept and sign it.

Appears in 2 contracts

Samples: Severance and Nonsolicitation Agreement (Wci Communities Inc), Severance and Nonsolicitation Agreement (Wci Communities Inc)

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Acknowledgements of Executive. a. Executive acknowledges that Executive has been advised to consult with an attorney, at Executive's ’s own expense, prior to signing this Release. b. Executive acknowledges that Executive has fully read this Release, understands the contents of this Release, and agrees to its terms and conditions of Executive's ’s own free will, knowingly and voluntarily, and without any duress or coercion. c. Executive understands that this is a FINAL GENERAL RELEASEfinal general release, and that Executive can make no further claims against the Company having any connection with the events contained herein. Executive also understands that this Release precludes Executive from recovering any damages or other relief as a result of any lawsuit, grievance, charge or claim that may be brought on Executive's ’s behalf and arising out of Executive's ’s employment with the Company, or Executive's ’s resignation or separation from employment with the Company. Executive does not release rights that may arise after the termination of Executive's ’s employment with the Company. d. Executive acknowledges that Executive is receiving adequate consideration for signing this Release. e. Executive acknowledges that this Release is attached to the Agreement, that Executive received a copy of the Agreement, with this form of release attached on _____________, 2002, and that Executive has had more than twenty-one (21) days from the date he received this Release to consider whether to accept and sign it.

Appears in 1 contract

Samples: Severance and Nonsolicitation Agreement (Wci Communities Inc)

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Acknowledgements of Executive. a. Executive acknowledges that Executive has been advised to consult with an attorney, at Executive's ’s own expense, prior to signing this Release. b. Executive acknowledges that Executive has fully read this Release, understands the contents of this Release, and agrees to its terms and conditions of Executive's ’s own free will, knowingly and voluntarily, and without any duress or coercion. c. Executive understands that this is a FINAL GENERAL RELEASEfinal general release, and that Executive can make no further claims against the Company having any connection with the events contained herein. Executive also understands that this Release precludes Executive from recovering any damages or other relief as a result of any lawsuit, grievance, charge or claim that may be brought on Executive's ’s behalf and arising out of Executive's ’s employment with the Company, or Executive's ’s resignation or separation from employment with the Company. Executive does not release rights that may arise after the termination of Executive's ’s employment with the Company. d. Executive acknowledges that Executive is receiving adequate consideration for signing this Release. e. Executive acknowledges that this Release is attached to the Agreement, that Executive received a copy of the Agreement, with this form of release attached on _____________, 20022007, and that Executive has had more than twenty-one (21) days from the date he received this Release to consider whether to accept and sign it.

Appears in 1 contract

Samples: Severance and Nonsolicitation Agreement (Wci Communities Inc)

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