Common use of Personal Contribution Clause in Contracts

Personal Contribution. ▇▇. ▇▇▇▇▇▇▇▇ agrees to pay MAN a personal contribution for the adjustment of losses (“Personal Contribution”) in the amount of EUR 1,000,000.00 (in words: one million Eu- ro). This independent obligation to pay the Personal Contribution does not represent an ac- knowledgment by ▇▇. ▇▇▇▇▇▇▇▇ with regard to possible violations of his duties with regard to his function as executive board member of MAN and/or MAN Nutzfahrzeuge AG.

Appears in 1 contract

Sources: Settlement Agreement

Personal Contribution. ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ agrees to pay MAN a personal contribution for the adjustment of losses (“Personal Contribution”) in the amount of EUR 1,000,000.00 800,000.00 (in words: one million Eu- roeight hundred thou- sand Euro). This independent obligation to pay the Personal Contribution does not represent an ac- knowledgment acknowledgment by ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ with regard to possible violations of his duties with regard to his function as executive board member of MAN and/or MAN Nutzfahrzeuge AGMAN.

Appears in 1 contract

Sources: Settlement Agreement