Common use of Outstanding Obligations Clause in Contracts

Outstanding Obligations. The Parties acknowledge by this Agreement that the consideration provided and received by each other is fair, just and reasonable and that no further consideration, compensation or obligation will be due, payable or owing with regard to the Employment Agreement as of the date of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement Termination (Citizens Inc), Employment Agreement Termination (Citizens Inc), Termination Agreement (Citizens Inc)

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Outstanding Obligations. The Parties acknowledge by this Agreement that the consideration provided and received by each other is fair, just and reasonable and that no further consideration, compensation or obligation will be due, payable or owing with regard to the Employment Agreement Contract as of the execution date of this Agreement.

Appears in 2 contracts

Samples: Termination Agreement, Termination Agreement

Outstanding Obligations. 2. The Parties acknowledge by this Agreement that the consideration provided and received by each other is fair, just and reasonable and that no further consideration, compensation or obligation will be due, payable or owing with regard to the Employment Agreement Contract as of the execution date of this Agreement. In particular, the parties confirm that the transfers of equity and issuance of stock contemplated in the Contract have not occurred and no party has any obligation to transfer or to pay any amount to any other party under the Contract.

Appears in 1 contract

Samples: Termination Agreement (Sino-Global Shipping America, Ltd.)

Outstanding Obligations. The Parties acknowledge by this Agreement that the consideration provided and received by each other is fair, just and reasonable and that no further consideration, compensation compesansation or obligation will be due, payable or owing with regard to the Employment Agreement Contract as of the execution date of this Agreement.

Appears in 1 contract

Samples: Termination Agreement

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Outstanding Obligations. 2. The Parties acknowledge by this Agreement that the consideration provided and received by each other is fair, just and reasonable and that no further consideration, compensation or obligation will be due, payable or owing with regard to the Employment Agreement Contract as of the execution date of this Agreement.

Appears in 1 contract

Samples: Termination Agreement

Outstanding Obligations. 3. The Parties acknowledge by this Agreement that the consideration provided and received by each other is fair, just and reasonable and that no further consideration, compensation or obligation will be due, payable or owing with regard to the Employment Agreement as of the closing date of this Agreement.

Appears in 1 contract

Samples: Mutual Agreement (Maptelligent, Inc.)

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