Clauses > Consideration


Standard Consideration 


  1. Consideration. In consideration of the commitments and obligations made by [PARTY NAME], [COMPANY NAME] agrees to pay to [PARTY NAME] a payment in the amount of [CASH CONSIDERATION AMOUNT],payable in [NUMBER OF INSTALLMENT PAYMENTS] equal [PERIOD OF INSTALLMENT PAYMENTS] installments.

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Party weight: Neutral


  1. Consideration. [PARTY NAME] expressly acknowledges that the obligations of this Agreement are supported by good and adequate consideration.

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  1. Consideration. [PARTY B] hereby acknowledges that their obligations under this agreement are supported by and in consideration for the salary, benefits, and other amounts [PARTY A] is obligated to provide [PARTY B] under the Employment Agreement.

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Party weight: Neutral


  1. Consideration. [PARTY NAME] acknowledges that the obligations of this Agreement are supported by the consideration provided under the [Severance Agreement].

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  1. Consideration. The grant of the Stock is made in consideration of the services to be rendered by Grantee to the Company.

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