Common use of Consideration for Release Clause in Contracts

Consideration for Release. In consideration of the waiver and release of claims set forth in Paragraphs 7 and 8 below, and in exchange for your signing this Agreement, the Company agrees to provide you with the post-termination payments (the "SEVERANCE PAYMENTS") described in Section 3.6 of that certain IRIS International, Inc. Key Employee Agreement for John Yi, dated ___________, 2007 (the "IRIS OFFER LETTER"). The Xxxxxxxce Payments are in addition to any amounts owed to you by the Company. You acknowledge and agree that you are not otherwise entitled to receive the Severance Payments. You understand that if you do not sign the Agreement, or if you revoke the signed Agreement as described in Paragraph 19 below (if applicable), the Company has no obligation to provide you with the Severance Payments.

Consideration for Release. In consideration of the waiver and release of claims set forth in Paragraphs 7 and 8 below, and in exchange for your signing this Agreement, the Company agrees to provide you with the post-termination payments (the "SEVERANCE PAYMENTS") described in Section 3.6 3.7 of that certain IRIS International, Inc. Key Employee Agreement for John YiCesar M. Garcia, dated ___________, 2007 as amended to date (the "IRIS OFFER LETTER"). The Xxxxxxxce Payments Sxxxxxxxx Xxxxxxts are in addition to any amounts owed to you by the Company. You acknowledge and agree that you are not otherwise entitled to receive the Severance Payments. You understand that if you do not sign the Agreement, or if you revoke the signed Agreement as described in Paragraph 19 below (if applicable), the Company has no obligation to provide you with the Severance Payments.

Consideration for Release. In consideration of the waiver and release of claims set forth in Paragraphs 7 and 8 below, and in exchange for your signing this Agreement, the Company agrees to provide you with the post-termination payments (the "SEVERANCE PAYMENTS") described in Section 3.6 of that certain IRIS International, Inc. Key Employee Agreement for John YiRobert Mello, dated ___________, 2007 (the "IRIS OFFER LETTER"). The Xxxxxxxce Payments Xxxxxxxxx Xayments are in addition to any amounts owed to you by the Company. You acknowledge and agree that you are not otherwise entitled to receive the Severance Payments. You understand that if you do not sign the Agreement, or if you revoke the signed Agreement as described in Paragraph 19 below (if applicable), the Company has no obligation to provide you with the Severance Payments.

Consideration for Release. In consideration of the waiver and release of claims set forth in Paragraphs 7 and 8 below, and in exchange for your signing this Agreement, the Company agrees to provide you with the post-termination payments (the "SEVERANCE PAYMENTS") described in Section 3.6 of that certain IRIS International, Inc. Key Employee Agreement for John YiPeter Donato, dated ___________, 2007 (the "IRIS OFFER LETTERLXXXXX"). The Xxxxxxxce Xxx Severance Payments are in addition to any amounts owed to you by the Company. You acknowledge and agree that you are not otherwise entitled to receive the Severance Payments. You understand that if you do not sign the Agreement, or if you revoke the signed Agreement as described in Paragraph 19 below (if applicable), the Company has no obligation to provide you with the Severance Payments.