Common use of Consideration for Limitation on Activities Clause in Contracts

Consideration for Limitation on Activities. Executive acknowledges that the execution of this Agreement and the payments described herein constitute consideration for the limitations on activities set forth in this Section 5, the adequacy of which is hereby expressly acknowledged by Executive.

Appears in 20 contracts

Samples: Merger Agreement (Capital Bancorp Inc), Merger Agreement (Renasant Corp), Executive Employment Agreement (Cleco Power LLC)

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Consideration for Limitation on Activities. Executive acknowledges that the execution of this Agreement and the payments described herein constitute consideration for the limitations on activities set forth in this Section 5, the adequacy of which is hereby expressly acknowledged by Executiveacknowledged.

Appears in 11 contracts

Samples: Executive Employment Agreement (Cleco Corp), Executive Employment Agreement, Executive Employment Agreement (Cleco Corp)

Consideration for Limitation on Activities. Executive acknowledges that the execution of this Agreement and the payments described herein constitute consideration for the limitations on activities set forth in this Section 53, the adequacy of which is hereby expressly acknowledged by Executiveacknowledged.

Appears in 4 contracts

Samples: Change in Control Agreement (Renasant Corp), Change in Control Agreement (Renasant Corp), Change in Control Agreement (Renasant Corp)

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Consideration for Limitation on Activities. Executive acknowledges that the execution of this Agreement and the payments and benefits described herein constitute sufficient consideration for the restrictions and limitations on activities set forth in this Section 5, the adequacy of which is hereby expressly acknowledged by Executive.

Appears in 3 contracts

Samples: Executive Employment Agreement (NBC Capital Corp), Executive Employment Agreement (NBC Capital Corp), Executive Employment Agreement (NBC Capital Corp)

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