Common use of CONSIDERATION IN SETTLEMENT Clause in Contracts

CONSIDERATION IN SETTLEMENT. In consideration of (i) the release of all claims described below in Paragraph 9, (ii) the covenants in Paragraphs 10, 11 and 16(b), (iii) the protective agreements described in Paragraph 12, (iv) the agreement of future cooperation in Paragraph 21 and (v) the other terms of this Agreement, and further provided the Executive does not revoke his acceptance of this Agreement pursuant to Paragraph 25, the Company agrees to compensate the Executive as follows:

Appears in 2 contracts

Samples: Separation Agreement and General Release (Spirit AeroSystems Holdings, Inc.), Separation Agreement and General Release (Spirit AeroSystems Holdings, Inc.)

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CONSIDERATION IN SETTLEMENT. In consideration of both (i) the release of all claims described below in Paragraph 94, (ii) the covenants Covenant Not to Sue in Paragraphs 10Paragraph 5, 11 and 16(b)(iii) non-disparagement provision in Paragraph 6, (iii) the protective agreements agreement described in Paragraph 127, (iv) the agreement of future cooperation in Paragraph 21 16 and (v) the other terms of this Agreement, and further provided the Executive does not revoke his acceptance of this Agreement pursuant to Paragraph 25, the Company agrees to compensate the Executive as follows:follows (subject in all cases to Paragraph 2(g) of this Agreement):

Appears in 1 contract

Samples: Separation Agreement and General Release (Spirit AeroSystems Holdings, Inc.)

CONSIDERATION IN SETTLEMENT. In consideration of (i) the release of all claims described below in Paragraph 93, (ii) the covenants Covenant Not to Xxx in Paragraphs 10, 11 and 16(b)Xxxxxxxxx 0, (iiixxx) the protective agreements described in Paragraph 12Paragraphs 5 and 6, (iv) the agreement of future cooperation in Paragraph 21 15 and (v) the other terms of this Agreement, and further provided the Executive does not revoke his acceptance of this Agreement pursuant to Paragraph 25, the Company agrees to compensate the Executive as follows:follows (subject in all cases to Paragraph 2(k) of this Agreement):

Appears in 1 contract

Samples: Agreement and General Release (Spirit AeroSystems Holdings, Inc.)

CONSIDERATION IN SETTLEMENT. In consideration of both (i) the release of all claims described below in Paragraph 93, (ii) the covenants Covenant Not to Xxx in Paragraphs 10Paragraph 4, 11 and 16(b)5, (iii) the protective agreements described in Paragraph 126, (iv) the agreement of future cooperation in Paragraph 21 15 and (v) the other terms of this Agreement, and further provided the Executive does not revoke his acceptance of this Agreement pursuant to Paragraph 25, the Company agrees to compensate the Executive as follows:follows (subject in all cases to Paragraph 2(h) of this Agreement):

Appears in 1 contract

Samples: Separation Agreement and General Release (Spirit AeroSystems Holdings, Inc.)

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CONSIDERATION IN SETTLEMENT. In consideration of (i) the release of all claims described below in Paragraph 93, (ii) the covenants Covenant Not to Sxx in Paragraphs 10, 11 and 16(b)Pxxxxxxxx 0, (iiixxx) the protective agreements described in Paragraph 12Paragraphs 5 and 6, (iv) the agreement of future cooperation in Paragraph 21 15 and (v) the other terms of this Agreement, and further provided the Executive does not revoke his acceptance of this Agreement pursuant to Paragraph 25, the Company agrees to compensate the Executive as follows:follows (subject in all cases to Paragraph 2(g) of this Agreement):

Appears in 1 contract

Samples: Resignation Agreement and General Release (Spirit AeroSystems Holdings, Inc.)

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