Common use of Agreement by the Company Clause in Contracts

Agreement by the Company. In exchange for Employee's agreement to be bound by the terms of this entire Agreement, including but not limited to the Release of Claims in paragraph 3, the Company agrees to provide Employee with a lump-sum payment in the amount of __________ dollars ($________), less statutory deductions and withholdings, which amount represents _____ (_) weeks'/months'/years' salary at Employee's rate of pay as of the Termination Date, to be paid within ten (10) days of the Company's receipt of this Agreement, fully executed by Employee. Employee acknowledges that, absent this Agreement, s/he has no legal, contractual or other entitlement to the consideration set forth in this paragraph and that the amount set forth in this paragraph constitute valid and sufficient consideration for Employee's release of claims and other obligations set forth herein.

Agreement by the Company. In exchange for Employee's ’s agreement to be bound by the terms of this entire Agreement, including but not limited to the Release of Claims in paragraph 3, the Company agrees to provide Employee with a lump-sum payment in the amount of __________ dollars ($________$ ), less statutory deductions and withholdings, which amount represents _____ (_) weeks'/months'/years' weeks’/months’/years’ salary at Employee's ’s rate of pay as of the Termination Date, to be paid within ten (10) days of the Company's ’s receipt of this Agreement, fully executed by Employee. Employee acknowledges that, absent this Agreement, s/he has no legal, contractual or other entitlement to the consideration set forth in this paragraph and that the amount set forth in this paragraph constitute valid and sufficient consideration for Employee's ’s release of claims and other obligations set forth herein.

Agreement by the Company. In exchange for Employee's ’s agreement to be bound by the terms of this entire Agreement, including but not limited to the Release of Claims in paragraph 3, the Company agrees to provide Employee with a lump-sum payment in the amount of __________ dollars ($________$ ), less statutory deductions and withholdings, which amount represents _____ (_) weeks'/months'/years' weeks’/months’/years’ salary at Employee's ’s rate of pay as of the Termination Date, to be paid within ten (10) days of the Company's ’s receipt of this Agreement, fully executed by Employee. Employee acknowledges that, absent this Agreement, s/he has no legal, contractual or other entitlement to the consideration set forth in this paragraph and that the amount set forth in this paragraph constitute valid and sufficient consideration for Employee's ’s release of claims and other obligations set forth herein.