Acknowledgement of Executive Clause Samples

Acknowledgement of Executive. EXECUTIVE ACKNOWLEDGES THAT HE HAS HAD THE OPPORTUNITY TO CONSULT TAX AND LEGAL COUNSEL IN REGARD TO THIS AGREEMENT, THAT HE HAS READ AND UNDERSTANDS THIS AGREEMENT, THAT HE IS FULLY AWARE OF ITS LEGAL EFFECT, AND THAT HE HAS ENTERED INTO IT FREELY AND VOLUNTARILY AND BASED ON HIS OWN JUDGMENT AND NOT ON ANY REPRESENTATIONS, UNDERSTANDINGS, OR PROMISES OTHER THAN THOSE CONTAINED IN THIS AGREEMENT.
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Acknowledgement of Executive. The Executive hereby acknowledges that: ---------------------------- (a) the Company and Business Services have not and will not do anything to specifically set aside any of its assets to cover its obligations herein, and the Executive does not have any rights under any specific assets in order to secure the Company's obligations hereunder; (b) the Company and Business Services have not given the Executive any assurances that it will be able to fund its obligations hereunder in any way whatsoever; and (c) should the Company be unable to comply with its obligations in section 6.1, the Executive's only right against the Company and Business Services would be to enforce this Agreement against the Company and Business Services in the courts and to seek recovery as an unsecured creditor against the assets of the Company.
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Acknowledgement of Executive. Executive acknowledges that, with the payments and benefits identified in Section 3 above, he will have received all compensation and benefits owed to him in connection with his employment with and termination from Company. Except for any vested benefits under Company’s 401(k) plan or as otherwise explicitly set forth herein, Executive acknowledges that he is not and shall never be entitled to any additional compensation, benefits or consideration from Company.
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Acknowledgement of Executive. The Executive has reviewed this Agreement in its entirety, has had an opportunity to obtain the advice of counsel prior to executing this Agreement and fully understands all terms and conditions relating to the Shares. The Executive hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Compensation Committee of the Board of Directors of the Company upon any questions arising under this Agreement, and further agrees to notify the Company upon any change in the residence address set forth on the signature page hereto.
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Acknowledgement of Executive. The Executive hereby acknowledges that the ----------------------------- insurance benefits provided hereunder are provided in complete satisfaction of the Company's obligation to provide the insurance benefits provided for in Section 9(b) of the Employment Agreement. Executive further acknowledges that the benefits provided hereunder are provided in lieu of certain benefits otherwise payable to the Executive under the Company's Amended and Restated Key Plan, as provided in the Employment Agreement and in the Agreement Relating to Benefits under The ▇▇▇▇ Disney Company Amended and Restated Key Plan executed by the Executive and the Company to be effective December 21, 2000.
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Related to Acknowledgement of Executive

  • Acknowledgement of Receipt I acknowledge that I have received the Dog into my possession.

  • Acknowledgement of Rights The Company acknowledges that, with respect to any Securities held by Firstar Capital Trust or a trustee of such trust, if the Property Trustee of such Trust fails to enforce its rights under this Indenture as the holder of the Securities held 71 81 as the assets of Firstar Capital Trust any holder of Capital Securities may institute legal proceedings directly against the Company to enforce such Property Trustee's rights under this Indenture without first instituting any legal proceedings against such Property Trustee or any other person or entity. Notwithstanding the foregoing, if an Event of Default has occurred and is continuing and such event is attributable to the failure of the Company to pay principal of or premium, if any, or interest on the Securities when due, the Company acknowledges that a holder of Capital Securities may directly institute a proceeding for enforcement of payment to such holder of the principal of or premium, if any, or interest on the Securities having a principal amount equal to the aggregate liquidation amount of the Capital Securities of such holder on or after the respective due date specified in the Securities.

  • Employee Acknowledgement Executive acknowledges that Executive has read and understands this Agreement, is fully aware of its legal effect, has not acted in reliance upon any representations or promises made by the Company other than those contained in writing herein, and has entered into this Agreement freely based on Executive’s own judgment.

  • Acknowledgement of Risk (a) The Purchaser acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains a clinical stage business and requires substantial funds in addition to the proceeds from the sale of the Securities, (ii) an investment in the Company is speculative, and only Purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities, (iii) the Purchaser may not be able to liquidate its investment, (iv) transferability of the Securities is extremely limited, (v) in the event of a disposition of the Securities, the Purchaser could sustain the loss of its entire investment, and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future. Such risks are more fully set forth in the SEC Documents; (b) The Purchaser is able to bear the economic risk of holding the Securities for an indefinite period, and has knowledge and experience in financial and business matters such that it is capable of evaluating the risks of the investment in the Securities; and (c) The Purchaser has, in connection with the Purchaser’s decision to purchase Securities, not relied upon any representations or other information (whether oral or written) other than as set forth in the representations and warranties of the Company contained herein and the information disclosed in the SEC Documents, and the Purchaser has, with respect to all matters relating to this Agreement and the offer and sale of the Securities, relied solely upon the advice of such Purchaser’s own counsel and has not relied upon or consulted any counsel to the Company.

  • Executive Acknowledgement Executive acknowledges that Executive has read and understands this Agreement, is fully aware of its legal effect, has not acted in reliance upon any representations or promises made by the Company other than those contained in writing herein, and has entered into this Agreement freely based on Executive’s own judgment. [Signature Page Follows]