Common use of Arm’s Length Clause in Contracts

Arm’s Length. (a) This Agreement was entered into at arm's length, without duress or coercion, and is to be interpreted as an agreement between parties of equal bargaining strength. Both the Company and the Executive agree that this Agreement is clear and unambiguous as to its terms, and that no parol or other evidence will be used or admitted to alter or explain the terms of this Agreement, but that it will be interpreted based on the language within its four corners in accordance with the purposes for which it is entered into.

Appears in 12 contracts

Samples: Employment Agreement (RSL Communications LTD), Employment Agreement (Central European Media Enterprises LTD), Employment Agreement (RSL Communications LTD)

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Arm’s Length. (a) This Agreement was entered into at arm's length, without duress or coercion, and is to be interpreted as an agreement between two parties of equal bargaining strength. Both the Company you and the Executive May agree that this Agreement is clear and unambiguous as to its terms, and that no parol or other evidence will be used or admitted to alter or explain the terms of this Agreement, but that it will be interpreted based on the language within its four corners in accordance with the purposes for which it is entered into.

Appears in 4 contracts

Samples: Employment Agreement (May Department Stores Co), Employment Agreement (May Department Stores Co), Employment Agreement (May Department Stores Co)

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Arm’s Length. (a) This Agreement was entered into at arm's ’s length, without duress or coercion, and is to be interpreted as an agreement between parties of equal bargaining strength. Both the Company and the Executive agree that this Agreement is clear and unambiguous as to its terms, and that no parol or other evidence will be used or admitted to alter or explain the terms of this Agreement, but that it will be interpreted based on the language within its four corners in accordance with the purposes for which it is entered into.

Appears in 1 contract

Samples: Employment Agreement (Central European Media Enterprises LTD)

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