Common use of Consideration Given to You Clause in Contracts

Consideration Given to You. In exchange for agreeing to be bound by the terms, conditions, and restrictions stated in this Agreement, ▇▇▇▇▇▇▇ Mac will provide you with: A. Employment (offer of employment or continued employment), and B. Participation in either ▇▇▇▇▇▇▇ Mac’s Incentive Program for Vice Presidents and Non-Officers (if you are a Vice President), or ▇▇▇▇▇▇▇ Mac’s Executive Management Compensation Program (if you are a Senior Vice President or above). which you agree is adequate consideration for your agreement to be bound by the provisions of this Agreement.

Appears in 1 contract

Sources: Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp)

Consideration Given to You. In exchange for agreeing to be bound by the terms, conditions, and restrictions stated in this Agreement, ▇▇▇▇▇▇▇ Mac will provide you with: A. Employment (offer of employment or continued employment), and B. Participation in either ▇▇▇▇▇▇▇ Mac’s 2022 Incentive Program for Vice Presidents and Non-Officers (if you are a Vice President), or ▇▇▇▇▇▇▇ Mac’s 2022 Executive Management Compensation Program (if you are a Senior Vice President or above, other than the Chief Executive Officer). which you agree is adequate consideration for your agreement to be bound by the provisions of this Agreement.

Appears in 1 contract

Sources: Restrictive Covenant and Confidentiality Agreement (Federal Home Loan Mortgage Corp)