Common use of Sufficient Consideration Clause in Contracts

Sufficient Consideration. The conversion of CSARs to Converted CSARs and the elimination of discrete Exercise Windows therefor effected by this Amendment constitutes good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Executive’s acceptance of the this Amendment.

Appears in 6 contracts

Samples: 2018 Executive Award Agreement (UL Solutions Inc.), 2020 Executive Award Agreement (UL Solutions Inc.), Executive Award Agreement (UL Solutions Inc.)

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Sufficient Consideration. The conversion of CSARs to Converted CSARs and the elimination of discrete Exercise Windows therefor effected by this Amendment constitutes good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the ExecutiveEmployee’s acceptance of the this Amendment.

Appears in 4 contracts

Samples: 2017 Employee Award Agreement (UL Solutions Inc.), 2016 Employee Award Agreement (UL Solutions Inc.), 2016 Employee Award Agreement (UL Solutions Inc.)

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