Common use of NEW AND ADDITIONAL CONSIDERATION Clause in Contracts

NEW AND ADDITIONAL CONSIDERATION. 8.1 The Executive acknowledges and agrees that the increase in the amount payable to the Executive pursuant to this Agreement upon a Change of Control constitutes new and additional consideration in favour of the Executive in connection with the execution and delivery of this Agreement by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Cynapsus Therapeutics Inc.), Employment Agreement (Cynapsus Therapeutics Inc.)

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NEW AND ADDITIONAL CONSIDERATION. 8.1 The Executive acknowledges and agrees that the increase in the amount payable to of the Executive pursuant to this Agreement upon a Change of Control Executive’s Base Salary constitutes new and additional consideration in favour of the Executive in connection with the execution and delivery of this Agreement by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Cynapsus Therapeutics Inc.), Employment Agreement (Cynapsus Therapeutics Inc.)

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NEW AND ADDITIONAL CONSIDERATION. 8.1 The Executive acknowledges and agrees that the increase in the amount payable to of the Executive pursuant to this Agreement Executive’s Base Salary upon a Change of Control constitutes new and additional consideration in favour of the Executive in connection with the execution and delivery of this Agreement by the Executive.

Appears in 1 contract

Samples: Employment Agreement (Cynapsus Therapeutics Inc.)

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