Common use of Employee’s Acknowledgment Clause in Contracts

Employee’s Acknowledgment. You hereby affirm that you understand and acknowledge that a portion of the Benefits being provided to you by the Corporation under this Agreement are beyond any that otherwise are or would be owed to you by the Corporation, and that the Benefits are being provided to you in consideration for your entering into this Agreement, including but not limited to the Releases of Claims set forth in paragraph 9.

Appears in 3 contracts

Samples: Retirement Transition Agreement (Lockheed Martin Corp), Retirement Transition Agreement (Lockheed Martin Corp), Retirement Transition Agreement (Lockheed Martin Corp)

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Employee’s Acknowledgment. You hereby affirm that you understand and acknowledge that a significant portion of the Benefits being provided to you by the Corporation under this Agreement are beyond any that otherwise are or would be owed to you by the Corporation, and that the Benefits are being provided to you in consideration for your entering into this Agreement, including but not limited to the Releases of Claims set forth in paragraph 99 and in Appendix A and the covenants set forth in paragraph 13.

Appears in 1 contract

Samples: Retirement Transition Agreement (Lockheed Martin Corp)

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