Sufficiency of Consideration; No Admission of Liability. The parties agree that the consideration paid to EMPLOYEE by the terms of this Release is good and sufficient consideration for this Release. EMPLOYEE acknowledges that neither this Release, nor any of the payments or benefits tendered in conjunction herewith, shall be taken or construed to be an admission or concession of any kind with respect to alleged liability or alleged wrongdoing by THE COMPANY.
Appears in 7 contracts
Samples: Employment Agreement (Par Pharmacuetical, Inc.), Separation Agreement and Release (Par Pharmacuetical, Inc.), Employment Agreement (Par Pharmaceutical Companies, Inc.)
Sufficiency of Consideration; No Admission of Liability. The parties agree that the consideration paid to EMPLOYEE by the terms of this Release is good and sufficient consideration for this Release. Release EMPLOYEE acknowledges that neither this Release, nor any of the payments or benefits tendered in conjunction herewith, shall be taken or construed to be an admission or concession of any kind with respect to alleged liability or alleged wrongdoing by THE COMPANY.
Appears in 4 contracts
Samples: Employment Agreement (Par Pharmaceutical Companies, Inc.), Employment Agreement (Par Pharmacuetical, Inc.), Employment Agreement (Par Pharmacuetical, Inc.)
Sufficiency of Consideration; No Admission of Liability. The parties agree that the consideration paid to EMPLOYEE Employee by the terms of this Release is good and sufficient consideration for this Release. EMPLOYEE Employee acknowledges that neither this Release, nor any of the payments or benefits tendered in conjunction herewith, shall be taken or construed to be an admission or concession of any kind with respect to alleged liability or alleged wrongdoing by THE COMPANYthe Company.
Appears in 2 contracts
Samples: Separation Agreement and Release, Separation Agreement and Release (Par Pharmaceutical Companies, Inc.)
