Common use of Employee Acknowledgments Clause in Contracts

Employee Acknowledgments. Employee acknowledges and represents that: (a) he has read this Agreement and understands its consequences; (b) he has received adequate opportunity to read and consider this Agreement; (c) he has determined to execute this Agreement of his own free will and acknowledges that he has not relied upon any statements or explanations made by Company regarding this Agreement; and (d) the promises of Company made in this Agreement constitute fair and adequate consideration for the promises, releases and agreements made by Employee in this Agreement.

Appears in 5 contracts

Samples: Severance Agreement (Mathstar Inc), Severance Agreement (Mathstar Inc), Severance Agreement (Hei Inc)

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Employee Acknowledgments. Employee acknowledges and represents that: (a) he has read this Agreement and understands understand its consequences; (b) he has received adequate opportunity to read and consider this Agreement; (c) he has determined to execute this Agreement of his own free will and acknowledges that he has not relied upon any statements or explanations made by Company regarding this Agreement; and (d) the promises of Company made in this Agreement constitute fair and adequate consideration for the promises, releases and agreements made by Employee in this Agreement.

Appears in 2 contracts

Samples: Severance Agreement, Severance Agreement (Vital Images Inc)

Employee Acknowledgments. The Employee acknowledges and represents that: (a) he has read this Agreement and understands its consequences; (b) he has received adequate opportunity to read and consider this Agreement; (c) he has determined to execute this Agreement of his own free will and acknowledges that he has not relied upon any statements or explanations made by the Company regarding this Agreement; and (d) the promises of the Company made in this Agreement constitute fair and adequate consideration for the promises, releases and agreements made by the Employee in this Agreement.

Appears in 1 contract

Samples: Severance and Settlement Agreement (Quantech LTD /Mn/)

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Employee Acknowledgments. Employee hereby acknowledges and represents that: warrants: (a) he that Employee has read this Agreement in its entirety and understands its consequences; each provision of this Agreement; (b) he has received adequate opportunity to read that each provision of this Agreement is both reasonable and consider this Agreement; necessary for the formation and protection of the employment relationship created hereunder; (c) he has determined following the termination or expiration of Employee's employment with Employer, Employee will be able to execute this Agreement of his own free earn a livelihood by engaging in activities that will and acknowledges that he has not relied upon violate any statements or explanations made by Company regarding this Agreement; and (d) the promises of Company made in this Agreement constitute fair and adequate consideration for the promises, releases and agreements made by Employee in this Agreementprovision hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aims Worldwide Inc)

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