Common use of Payments and Consideration Clause in Contracts

Payments and Consideration. In consideration for Executive's execution of this Agreement, and subject to the fulfillment of all of its terms and conditions by Executive, and provided Executive has not exercised his right of revocation as described in Article 13, Company shall pay Executive the amounts described below, less all applicable taxes and other lawful withholdings, as follows:

Appears in 2 contracts

Samples: Separation and Release Agreement (Woodward, Inc.), Separation and Release Agreement (Woodward, Inc.)

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Payments and Consideration. In consideration for Executive's execution of this Agreement, and subject to the fulfillment of all of its terms and conditions by Executive, and provided Executive has not exercised his right of revocation as described in Article 1314, Company shall pay Executive the amounts described belowin section 2.3 of the Executive Severance and CIC Agreement, less all applicable taxes and other lawful withholdings, as follows:

Appears in 1 contract

Samples: Separation and Release Agreement (Woodward, Inc.)

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Payments and Consideration. In consideration for Executive's execution of this Agreement, and subject to the fulfillment of all of its terms and conditions by Executive, and provided Executive has not exercised his right of revocation as described in Article 13, Company shall pay and Executive the amounts described below, less all applicable taxes and other lawful withholdings, agree as follows:

Appears in 1 contract

Samples: Separation and Release Agreement (Woodward, Inc.)

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