Sufficiency of Consideration; No Admission of Liability. The parties agree that the consideration tendered to EMPLOYEE is good and sufficient consideration for this Agreement, to the extent it imposes upon EMPLOYEE obligations in addition to those contained in the Employment Agreement. EMPLOYEE acknowledges that neither this Agreement, nor any consideration pursuant to this Agreement, 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 2 contracts
Samples: Separation and Release Agreement (Par Pharmaceutical Companies, Inc.), Separation and Release Agreement (Par Pharmaceutical Companies, Inc.)
Sufficiency of Consideration; No Admission of Liability. The parties agree that the consideration tendered paid to EMPLOYEE is good and sufficient consideration for this Agreement. The parties further agree that these amounts are greater than what EMPLOYEE is entitled to receive under THE COMPANY’s policies, to any other verbal or written agreement between the extent it imposes upon EMPLOYEE obligations in addition to those contained in the Employment Agreementparties, and applicable law. EMPLOYEE acknowledges that neither this Agreement, nor payment of any consideration pursuant to this Agreement, 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 1 contract
Samples: Separation and Release Agreement (New Jersey Resources Corp)
Sufficiency of Consideration; No Admission of Liability. The parties agree that the consideration tendered paid to EMPLOYEE by the terms of this Agreement is good and sufficient consideration for this Agreement, to the extent it imposes upon EMPLOYEE obligations in addition to those contained in the Employment Agreement. EMPLOYEE acknowledges that neither this Agreement, nor payment of any consideration pursuant to this Agreement, 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 1 contract
Samples: Separation and Release Agreement (Par Pharmaceutical Companies, Inc.)
Sufficiency of Consideration; No Admission of Liability. The parties agree that the consideration tendered provided to EMPLOYEE is good and sufficient consideration for this Agreement, to the extent it imposes upon EMPLOYEE obligations in addition to those contained in the Employment Agreement. EMPLOYEE acknowledges that neither this Agreement, nor any consideration pursuant to contemplated within this Agreement, shall be taken or construed to be an admission or concession of any kind with respect to alleged any liability or alleged wrongdoing by THE COMPANY.
Appears in 1 contract
Samples: Separation and Release Agreement (Par Pharmaceutical Companies, Inc.)