Common use of Legal Counsel; Mutual Drafting Clause in Contracts

Legal Counsel; Mutual Drafting. Each party recognizes that this is a legally binding contract and acknowledges and agrees that they have had the opportunity to consult with legal counsel of their choice. Each party has cooperated in the drafting, negotiation and preparation of this Agreement. Hence, in any construction to be made of this Agreement, the same shall not be construed against either party on the basis of that party being the drafter of such language. The Executive agrees and acknowledges that he has read and understands this Agreement, is entering into it freely and voluntarily, and has been advised to seek counsel prior to entering into this Agreement and has had ample opportunity to do so. The Company agrees to reimburse the Executive for all expenses and costs (including fees for legal counsel), incurred by his relating to advice, drafting, negotiation, and preparation of this Agreement and any related agreements, up to a maximum of Five Thousand Dollars ($5,000.00) in the aggregate.

Appears in 5 contracts

Samples: Employment Agreement (Seracare Life Sciences Inc), Employment Agreement (Seracare Life Sciences Inc), Stock Option Agreement (Seracare Life Sciences Inc)

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Legal Counsel; Mutual Drafting. Each party recognizes that this is a legally binding contract and acknowledges and agrees that they have had the opportunity to consult with legal counsel of their choice. Each party has cooperated in the drafting, negotiation and preparation of this Agreement. Hence, in any construction to be made of this Agreement, the same shall not be construed against either party on the basis of that party being the drafter of such language. The Executive agrees and acknowledges that he she has read and understands this Agreement, is entering into it freely and voluntarily, and has been advised to seek counsel prior to entering into this Agreement and has had ample opportunity to do so. The Company agrees to reimburse the Executive for all expenses and costs (including fees for legal counsel), incurred by his her relating to advice, drafting, negotiation, and preparation of this Agreement and any related agreements, up to a maximum of Five Ten Thousand Dollars ($5,000.0010,000.00) in the aggregate.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Seracare Life Sciences Inc), Nonqualified Stock Option Agreement (Seracare Life Sciences Inc), Nonqualified Stock Option Agreement (Seracare Life Sciences Inc)

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