Common use of Consideration to Employee Clause in Contracts

Consideration to Employee. After receipt of this Release fully endorsed by Employee, and the expiration of the seven day revocation period provided by the Older Workers Benefit Protection Act without Employee’s revocation, the Company shall pay the applicable benefits to the Employee specified in Section 4(iii) of the Agreement.

Appears in 1 contract

Sources: Change of Control Agreement (Precision Castparts Corp)

Consideration to Employee. After receipt of this Release fully endorsed by Employee, and the expiration of the seven day revocation period provided by the Older Workers Benefit Protection Act without Employee’s 's revocation, the Company shall pay the applicable benefits to the Employee specified in Section 4(iii) of the Agreement.

Appears in 1 contract

Sources: Change of Control Agreement (Precision Castparts Corp)