Common use of Payments as Consideration Clause in Contracts

Payments as Consideration. Executive understands and agrees that he/she would not be entitled to receive severance monies specified in Paragraph 3 above, except for her execution of this Separation Agreement and Release and the fulfillment of the promises contained herein.

Appears in 5 contracts

Samples: Executive Agreement (Axion Power International, Inc.), Executive Employment Agreement (Axion Power International, Inc.), Executive Agreement (Axion Power International, Inc.)

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Payments as Consideration. Executive understands and agrees that he/she would not be entitled to receive severance monies specified in Paragraph 3 above, except for her his execution of this Separation Agreement and Release and the fulfillment of the promises contained herein.

Appears in 1 contract

Samples: Executive Employment Agreement (Axion Power International, Inc.)

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