Common use of Valid Consideration Clause in Contracts

Valid Consideration. Executive recognizes and agrees that Coinstar's commitments and undertakings herein are not required by Coinstar's policies or procedures or by any contractual obligation of Coinstar and are solely as consideration for resolution of the severance arrangements between Executive and Coinstar arising out of his employment.

Valid Consideration. Executive recognizes and agrees that Coinstar's ’s commitments and undertakings herein are not required by Coinstar's ’s policies or procedures or by any contractual obligation of Coinstar and are solely as consideration for resolution of the severance arrangements between Executive and Coinstar arising out of his her employment.