Common use of Waiver and Acknowledgement Clause in Contracts

Waiver and Acknowledgement. As additional consideration for this Renewal, you hereby agree and acknowledge that the provisions of Section 2(C) of the Original Agreement are deleted and deemed void ab initio. You release any and all rights you had, now have or shall in the future have pursuant to the terms of such Section 2(C) and agree that the Company is under no obligation with respect to the matters described herein.

Appears in 2 contracts

Samples: Employment Agreement (Global Preferred Holdings Inc), Employment Agreement (Global Preferred Holdings Inc)

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Waiver and Acknowledgement. As additional consideration for this Renewal, you hereby agree and acknowledge that the provisions of Section 2(C) of the Original Agreement are deleted and deemed void ab initio. You release any and all rights you had, now have or shall in the future have pursuant to the terms of such Section 2(C) and agree that the Company is under no obligation with respect to the matters described hereintherein.

Appears in 1 contract

Samples: Employment Agreement (Global Preferred Holdings Inc)

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Waiver and Acknowledgement. As additional consideration for this RenewalAmendment, you hereby agree and acknowledge that the provisions of Section 2(C) of the Original Agreement are deleted and deemed void ab initio. You release any and all rights you had, now have or shall in the future have pursuant to the terms of such Section 2(C) and agree that the Company is under no obligation with respect to the matters described hereintherein.

Appears in 1 contract

Samples: Employment Agreement (Global Preferred Holdings Inc)

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