Common use of Valid Consideration Clause in Contracts

Valid Consideration. Employee and Company agree that payment by Company to Employee of the amounts described in Section 2 of this Agreement is not required by Company policies or procedures or by any contractual obligation of Company, and is offered by Company solely as consideration for this Agreement.

Valid Consideration. Employee and Company agree that payment by Company to Employee of the amounts described in Section 2 3 of this Agreement is not required by Company policies or procedures or by any contractual obligation of Company, and is offered by Company solely as consideration for this Agreement.