Common use of Acknowledgment of Consideration Clause in Contracts

Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release because the Company has agreed to pay the Executive money and other benefits to which the Executive was not otherwise entitled under the Company’s policies or under the Severance Agreement (in the absence of providing this release). The Company has agreed to provide this money and other benefits because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever had, and because of the Executive’s execution of this Agreement.

Appears in 8 contracts

Samples: Severance Agreement (Global Brass & Copper Holdings, Inc.), Severance Agreement (Global Brass & Copper Holdings, Inc.), Severance Agreement (Global Brass & Copper Holdings, Inc.)

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Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release because the Company has agreed to pay the Executive money and other benefits to which the Executive was not otherwise entitled under the Company’s policies or under the Severance Agreement Offer Letter (in the absence of providing this release). The Company has agreed to provide this money and other benefits because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever hadhad with respect to any matter released hereby, and because of the Executive’s execution of this Agreement.

Appears in 4 contracts

Samples: Snap One Holdings Corp., Snap One Holdings Corp., Snap One Holdings Corp.

Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release because the Company has agreed to pay the Executive money and other benefits to which the Executive was not otherwise entitled under the Company’s policies or under the Severance Employment Agreement (in the absence of providing this release). The Company has agreed to provide this money and other benefits because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever had, and because of the Executive’s execution of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Virtu Financial, Inc.), Employment Agreement (Virtu Financial, Inc.), Employment Agreement (Virtu Financial, Inc.)

Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release because the Company has agreed to pay the Executive money and other benefits to which the Executive was not otherwise entitled under the Company’s policies or under the Severance Employment Agreement (in the absence of providing this release). The Company has agreed to provide this money and other benefits because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever hadhad with respect to any matter released hereby, and because of the Executive’s execution of this Agreement. 2 Include to the extent equity is not called at termination.

Appears in 2 contracts

Samples: Employment Agreement (Snap One Holdings Corp.), Employment Agreement (Snap One Holdings Corp.)

Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release because the Company has agreed to pay the Executive money and other benefits to which the Executive was not otherwise entitled under the Company’s 's policies or under the Severance Agreement (in the absence of providing this release). The Company has agreed to provide this money and other benefits because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever had, and because of the Executive’s execution of this Agreement.

Appears in 2 contracts

Samples: Severance Agreement (Global Brass & Copper Holdings, Inc.), Severance Agreement (Global Brass & Copper Holdings, Inc.)

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Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release because the Company has agreed to pay the Executive money and other benefits to which the Executive was not otherwise entitled under the Company’s policies or under the Severance Employment Agreement (in the absence of providing this release). The Company has agreed to provide this money and other benefits because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever had, and because of the Executive’s execution of this Release Agreement.

Appears in 1 contract

Samples: Employment Agreement (Global Brass & Copper Holdings, Inc.)

Acknowledgment of Consideration. The Executive is specifically agreeing to the terms of this release Release because the Company has agreed to pay Executive the Executive money and other benefits Severance Amount to which the Executive was not otherwise entitled under the Company’s policies or under the Severance Employment Agreement (in the absence of providing this releaseRelease). The Company has agreed to provide this money and other benefits the Severance Amount because of the Executive’s agreement to accept it in full settlement of all possible claims the Executive might have or ever had, and because of the Executive’s timely execution and non-revocation of this AgreementRelease.

Appears in 1 contract

Samples: Employment Agreement (General Cannabis Corp)

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