Common use of Employee’s Acknowledgments Clause in Contracts

Employee’s Acknowledgments. By executing and delivering this Agreement, Employee expressly acknowledges that: a. Employee has carefully read this Agreement and has had sufficient time (and at least 45 days) to consider it; b. Employee is receiving, pursuant to this Agreement, consideration in addition to anything of value to which Employee is already entitled; c. Employee has been advised, and hereby is advised in writing, to discuss this Agreement with an attorney of Employee’s choice and Employee has had an adequate opportunity to do so prior to executing this Agreement; d. Employee fully understands the final and binding effect of this Agreement; the only promises made to Employee to sign this Agreement are those contained herein; and Employee is signing this Agreement knowingly, voluntarily and of Employee’s own free will, and Employee understands and agrees to each of the terms of this Agreement; e. Employee has been provided with, and attached to this Agreement as Exhibit A is, a listing of: (A) the job titles and ages of all employees selected for participation in the exit incentive program or other employment termination program pursuant to which Employee is being offered this Agreement; (B) the job titles and ages of all employees who were considered but not selected for participation in the program; and (C) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to such program; f. The only matters relied upon by Employee and causing Employee to sign this Agreement are the provisions set forth in writing within the four corners of this Agreement; and g. No Company Party has provided any tax or legal advice regarding this Agreement and Employee has had an adequate opportunity to receive sufficient tax and legal advice from advisors of Employee’s own choosing such that Employee enters into this Agreement with full understanding of the tax and legal implications thereof.

Appears in 2 contracts

Samples: Separation Agreement (Contango Oil & Gas Co), Separation Agreement (Contango Oil & Gas Co)

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Employee’s Acknowledgments. By executing and delivering this Agreement, Employee expressly acknowledges that: : a. Employee has carefully read this Agreement and has had sufficient time (and at least 45 days) to consider it; ; b. Employee is receiving, pursuant to this Agreement, consideration in addition to anything of value to which Employee is already entitled; c. Employee has been advised, and hereby is advised in writing, to discuss this Agreement with an attorney of Employee’s choice and Employee has had an adequate opportunity to do so prior to executing this Agreement; d. Employee fully understands the final and binding effect of this Agreement; the only promises made to Employee to sign this Agreement are those contained herein; and Employee is signing this Agreement knowingly, voluntarily and of Employee’s own free will, and Employee understands and agrees to each of the terms of this Agreement; ; e. Employee has been provided with, and attached to this Agreement as Exhibit A is, a listing of: (A) the job titles and ages of all employees selected for participation in the exit incentive program or other employment termination program pursuant to which Employee is being offered this Agreement; (B) the job titles and ages of all employees who were considered but not selected for participation in the program; and (C) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to such program; f. The only matters relied upon by Employee and causing Employee to sign this Agreement are the provisions set forth in writing within the four corners of this Agreement; and g. and f. No Company Party has provided any tax or legal advice regarding this Agreement and Employee has had an adequate opportunity to receive sufficient tax and legal advice from advisors of Employee’s own choosing such that Employee enters into this Agreement with full understanding of the tax and legal implications thereof.

Appears in 1 contract

Samples: Separation Agreement (Riley Exploration Permian, Inc.)

Employee’s Acknowledgments. By executing and delivering this Agreement, Employee expressly acknowledges that: a. (a) Employee has carefully read this Agreement and has had sufficient time (and at least 45 21 days) to consider it; b. (b) Employee is receiving, pursuant to this Agreement and Employee’s execution of this Agreement, consideration in addition to anything of value to which Employee is already entitled; c. (c) Employee has been advised, and is hereby is advised in writing, to discuss this Agreement consult with an attorney of Employee’s choice prior to entering into this Agreement, and Employee has had an adequate opportunity to do so prior to executing this Agreementso; d. (d) Employee fully understands the final and binding effect of this Agreement; the only promises made to Employee to sign this Agreement are those contained herein; and Employee is signing this Agreement knowingly, voluntarily and of Employee’s own free will, and Employee understands and agrees to each of the terms of this Agreement; e. Employee has been provided with, and attached to this Agreement as Exhibit A is, a listing of: (Ae) the job titles and ages of all employees selected for participation in the exit incentive program or other employment termination program pursuant to which Employee is being offered this Agreement; (B) the job titles and ages of all employees who were considered but not selected for participation in the program; and (C) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to such program; f. The only matters relied upon by Employee and causing Employee to sign this Agreement are the provisions set forth in writing within the four corners of this Agreement (and those provisions of the Employment Agreement, the LTIP and the applicable award agreements thereunder referenced herein); and g. (f) No Company Released Party has provided any tax or legal advice regarding this Agreement and Employee has had an adequate opportunity to receive sufficient tax and legal advice from advisors of Employee’s own choosing such that Employee enters into this Agreement with full understanding of the tax and legal implications thereof.

Appears in 1 contract

Samples: Separation and Release Agreement (Hi-Crush Inc.)

Employee’s Acknowledgments. By executing and delivering this Agreement, Employee expressly acknowledges that: a. (a) Employee has carefully read this Agreement and has had sufficient time (and at least 45 days) to consider it; b. (b) Employee is receiving, pursuant to this Agreement, consideration in addition to anything of value to which Employee is already entitled; c. (c) Employee has been advised, and hereby is advised in writing, to discuss this Agreement with an attorney of Employee’s choice and Employee has had an adequate opportunity to do so prior to executing this Agreement; d. (d) Employee fully understands the final and binding effect of this Agreement; the only promises made to Employee to sign this Agreement are those contained herein; and Employee is signing this Agreement knowingly, voluntarily and of Employee’s own free will, and Employee understands and agrees to each of the terms of this Agreement; e. Employee has been provided with, and attached to this Agreement as Exhibit A is, a listing of: (Ae) the job titles and ages of all employees selected for participation in the exit incentive program or other employment termination program pursuant to which Employee is being offered this Agreement; (B) the job titles and ages of all employees who were considered but not selected for participation in the program; and (C) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to such program; f. The only matters relied upon by Employee and causing Employee to sign this Agreement are the provisions set forth in writing within the four corners of this Agreement; and g. (f) No Company Party has provided any tax or legal advice regarding this Agreement and Employee has had an adequate opportunity to receive sufficient tax and legal advice from advisors of Employee’s own choosing such that Employee enters into this Agreement with full understanding of the tax and legal implications thereof.

Appears in 1 contract

Samples: Separation and General Release Agreement (Select Energy Services, Inc.)

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Employee’s Acknowledgments. By executing and delivering this Agreement, Employee expressly acknowledges that: a. (a) Employee has carefully read this Agreement and has had sufficient time (and at least 45 days) to consider itthis Agreement before signing it and delivering it to the Company; b. Employee is receiving, pursuant to this Agreement, consideration in addition to anything of value to which Employee is already entitled; c. (b) Employee has been advised, and hereby is advised in writing, to discuss this Agreement with an attorney of Employee’s choice and Employee has had an adequate opportunity to do so prior to executing this Agreement; d. (c) Employee fully understands the final and binding effect of this Agreement; the only promises made to Employee to sign this Agreement are those contained stated herein; and Employee is signing this Agreement knowingly, voluntarily and of Employee’s own free will, and Employee understands and agrees to each of the terms of this Agreement; e. Employee has been provided with, and attached to this Agreement as Exhibit A is, a listing of: (Ad) the job titles and ages of all employees selected for participation in the exit incentive program or other employment termination program pursuant to which Employee is being offered this Agreement; (B) the job titles and ages of all employees who were considered but not selected for participation in the program; and (C) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to such program; f. The only matters relied upon by Employee and causing Employee to sign this Agreement are the provisions set forth in writing within the four corners of this Agreement; and; g. (e) Employee would not otherwise have been entitled to the Severance Benefits, or any portion thereof, but for Employee’s agreement to be bound by the terms of this Agreement; (f) No Company Party has provided any tax or legal advice regarding this Agreement and Employee has had an adequate the opportunity to receive sufficient tax and legal advice from advisors of Employee’s own choosing such that Employee enters into this Agreement with full understanding of the tax and legal implications thereof; and (g) Employee has been provided with, and attached to this Agreement as Exhibit A is, a listing of: (i) titles and ages of all individuals selected for participation in the program pursuant to which Employee is being offered this Agreement; (ii) titles and ages of all individuals in the same decisional unit who were not selected for participation in the program; and (iii) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to such program.

Appears in 1 contract

Samples: General Release of Claims (Natural Resource Partners Lp)

Employee’s Acknowledgments. By executing and delivering this Agreement, Employee expressly acknowledges that: a. (a) Employee has carefully read this Agreement and has had sufficient time (and at least 45 [21] [45] days) to consider itthis Agreement before signing it and delivering it to the Company; b. Employee is receiving, pursuant to this Agreement, consideration in addition to anything of value to which Employee is already entitled; c. Employee has been advised, and hereby is advised in writing, to discuss this Agreement with an attorney of Employee’s choice and Employee has had an adequate opportunity to do so prior to executing this Agreement; d. Employee fully understands the final and binding effect of this Agreement; the only promises made to Employee to sign this Agreement are those contained herein; and Employee is signing this Agreement knowingly, voluntarily and of Employee’s own free will, and Employee understands and agrees to each of the terms of this Agreement; e. (b) [If 45-day period applies: Employee has been provided with, and attached to this Agreement as Exhibit A is, a listing of: (A) the job titles and ages of all employees selected for participation in the exit incentive program or other employment termination program pursuant to which Employee is being offered this Agreement; (B) the job titles and ages of all employees in the same job classification or organizational unit who were considered but not selected for participation in the program; and (C) information about the unit affected by the program, including any eligibility factors for such program and any time limits applicable to such program;] f. (c) Employee has been advised, and hereby is advised in writing, to discuss this Agreement with an attorney of Employee’s choice and Employee has had adequate opportunity to do so prior to executing this Agreement; (d) Employee fully understands the final and binding effect of this Agreement; the only promises made to Employee to sign this Agreement are those stated herein; and Employee is signing this Agreement knowingly, voluntarily and of Employee’s own free will, and understands and agrees to each of the terms of this Agreement; (e) The only matters relied upon by Employee and causing Employee to sign this Agreement are the provisions set forth in writing within the four corners of this Agreement; (f) Employee would not otherwise have been entitled to the consideration described in Section 1 above, or any portion thereof, but for Employee’s agreement to be bound by the terms of this Agreement; and g. (g) No Company Party has provided any tax or legal advice regarding this Agreement and Employee has had an adequate the opportunity to receive sufficient tax and legal advice from advisors of Employee’s own choosing such that Employee enters into this Agreement with full understanding of the tax and legal implications thereof.

Appears in 1 contract

Samples: Employment Agreement (Pacific Drilling S.A.)

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