Your Understanding Sample Clauses

The "Your Understanding" clause serves to confirm that the party has read, comprehended, and agrees to the terms and conditions outlined in the agreement. Typically, this clause requires the party to acknowledge that they have had the opportunity to ask questions, seek clarification, or consult with advisors before accepting the contract. Its core practical function is to ensure that all parties are aware of their rights and obligations, thereby reducing the risk of future disputes over misunderstandings or claims of ignorance regarding the contract's contents.
POPULAR SAMPLE Copied 1 times
Your Understanding. By signing this Agreement, you admit and agree that: a. You have read this Agreement. b. You understand it is legally binding, and you were advised to review it with a lawyer of your choice. c. You have had (or had the opportunity to take) at least 21 calendar days to discuss it with a lawyer of your choice before signing it and, if you sign it before the end of that period, you do so of your own free will and with the full knowledge that you could have taken the full period. d. You realize and understand that the release covers certain claims, demands, and causes of action against the Company and any Released Persons relating to your employment or termination of employment, including those under ADEA. e. You understand that the terms of this Agreement are not part of an exit incentive or other employment termination program being offered to a group or class of employees. f. You are signing this Agreement knowingly, voluntarily and with the full understanding of its consequences, and you have not been forced or coerced in any way.
Your Understanding. By signing below, you acknowledge that you have read this Agreement and fully understand and agree to it.
Your Understanding. By signing this Agreement, you admit and agree that: a. You have read this Agreement. b. You understand it is legally binding, and you were advised to review it with a lawyer of your choice. c. You have had (or had the opportunity to take) at least 21 calendar days to discuss it with a lawyer of your choice before signing it and, if you sign it before the end of that period, you do so of your own free will and with the full knowledge that you could have taken the full period. d. You realize and understand that the release covers certain claims, demands, and causes of action against the Company and any Released Persons relating to your employment or termination of employment, including those under ADEA, whether or not you know or suspect them to exist at the present time (but the release does not apply to claims described in paragraph 4.h). e. You understand the terms of this Agreement and that it is not part of an exit incentive or other employment termination program being offered to a group or class of employees. f. You are signing this Agreement voluntarily and with the full understanding of its consequences, and you have not been forced or coerced in any way.
Your Understanding. You understand that the transactions covered by this agreement are meant to facilitate the sale of recorded optical media products by us for our mutual benefit. Accordingly, you agree that we will not be held responsible for delays or defective performance by the manufacturer. In no event will we be liable for damages for such delays or defective performance, including any special, incidental or consequential damages, even if we have knowledge of the possibility of such potential loss or damage.
Your Understanding. By signing below, you acknowledge that you have read this Agreement and fully understand and agree to it. PLEASE READ CAREFULLY. THIS AGREEMENT INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS, EXCEPT AS SPECIFIED IN THIS AGREEMENT. CALPINE CORPORATION Dated: April 11, 2008 By: /s/ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ SVP of Human Resources
Your Understanding. By signing this Agreement, you admit and agree that: a. you have read the Agreement; b. you understand it is legally binding, and you were advised to review it with a lawyer of your choice prior to executing this Agreement; c. you have had (or have had the opportunity to take) 21 calendar days to review it and discuss it with a lawyer of your choice before signing it, and, if you sign before the end of that period, you do so of your own free will and with the full knowledge that you could have taken the full period; d. you realize and understand the release covers all claims, demands, and causes of action against the Company and any Released Persons (but does not apply to claims described in Paragraph 9.g), including claims under the ADEA, whether or not you know or suspect them to exist at the present time; and e. you understand the terms of the Agreement, you are signing voluntarily and with the full understanding of its consequences, and you have not been forced or coerced in any way.
Your Understanding. By signing this Agreement, you admit and agree that: a. you have read the Agreement; b. you understand it is legally binding, and you were advised to review it with a lawyer of your choice; c. you have had (or have had the opportunity to take) 21 calendar days to review it and discuss it with a lawyer of your choice before signing it, and, if you sign before the end of that period, you do so of your own free will and with the full knowledge that you could have taken the full period; d. you realize and understand the release covers all claims, demands, and causes of action against the Company and any Released Persons (but does not apply to claims described in paragraph 4.g), including claims under the Age Discrimination in Employment Act of 1967, whether or not you know or suspect them to exist at the present time; and e. you understand the terms of the Agreement, you are signing voluntarily and with the full understanding of its consequences, and you have not been forced or coerced in any way.

Related to Your Understanding

  • Statement of Understanding By executing this Agreement, Employee acknowledges that (a) Employee has had at least twenty-one (21) or forty-five (45) days, as applicable in accordance with the Age Discrimination in Employment Act, as amended, (the “ADEA”) to consider the terms of this Agreement (and any attachment necessary or desirable in accordance with the ADEA) and has considered its terms for such a period of time or has knowingly and voluntarily waived Employee’s right to do so by executing this Agreement and returning it to Company; (b) Employee has been advised by Company to consult with an attorney regarding the terms of this Agreement; (c) Employee has consulted with, or has had sufficient opportunity to consult with, an attorney of Employee’s own choosing regarding the terms of this Agreement; (d) any and all questions regarding the terms of this Agreement have been asked and answered to Employee’s complete satisfaction; (e) Employee has read this Agreement and fully understands its terms and their import; (f) except as provided by this Agreement, Employee has no contractual right or claim to the benefits and payments described herein; (g) the consideration provided for herein is good and valuable; and (h) Employee is entering into this Agreement voluntarily, of Employee’s own free will, and without any coercion, undue influence, threat, or intimidation of any kind or type whatsoever.