Common use of Adequacy of Consideration Clause in Contracts

Adequacy of Consideration. Executive acknowledges and agrees that the consideration set forth herein: • is not required by any policy, plan or prior agreement; • constitutes adequate consideration to support the Release in subparagraph (a) above; and • fully compensates Executive for the Claims Executive is releasing. Executive further acknowledges that he accepts the terms herein in full settlement and satisfaction of all such Claims. For purposes of this paragraph, “consideration” means something of value to which Executive is not already entitled.

Adequacy of Consideration. Executive acknowledges and agrees that the consideration set forth herein: • is not required by any policy, plan or prior agreement; • constitutes adequate consideration to support the Release in subparagraph subsection (a) above; and • fully compensates Executive for the Claims Executive is releasing. Executive further acknowledges that he accepts the terms herein in full settlement and satisfaction of all such Claims. For purposes of this paragraph, “consideration” means something of value to which Executive is not already entitled.