PRELIMINARY UNDERSTANDING Sample Clauses - Law ...

PRELIMINARY UNDERSTANDING. A. Supplier is in the business of developing, manufacturing and selling components that are required to achieve the desired ... PRELIMINARYUNDERSTANDINGSampleClausesFilter&SearchClause:PRELIMINARYUNDERSTANDINGContractTypeJurisdictionCountryIncludeKeywordsExcludeKeywordsAdditionalfiltersareavailableinsearchOpenSearchRemoveAdvertisingRemoveAdvertisingOpenSplitViewDownloadShareCitePRELIMINARYUNDERSTANDING. A.Supplierisinthebusinessofdeveloping,manufacturingandsellingcomponentsthatarerequiredtoachievethedesiredfunctionalityofsomeofCisco’sproducts.Sample1Sample2Sample3SeeAll(5)SaveCopyRemoveAdvertisingPRELIMINARYUNDERSTANDING. A.CiscoandSupplierhaveenteredintoacertainMasterPurchaseAgreement(“MPA”)simultaneouslywiththisEscrowAgreementinwhichSupplieragreestosellcertainProductstoCiscoanditsauthorizedcontractmanufacturers(“CiscoCMs”)andhaslicensedtoCisco,CiscoCMsandCisco’send-userscertainSuppliersoftware;Sample1SaveCopyRelatedClausesStatementofUnderstandingPriorUnderstandingAdditionalUnderstandingsCompleteUnderstandingMEMORANDUMOFUNDERSTANDINGLETTEROFUNDERSTANDINGAcknowledgementofFullUnderstandingLETTEROFUNDERSTANDINGNOUnderstandingFullUnderstandingRelatedtoPRELIMINARYUNDERSTANDINGStatementofUnderstandingByexecutingthisAgreement,Employeeacknowledgesthat(a)Employeehashadatleasttwenty-one(21)orforty-five(45)days,asapplicableinaccordancewiththeAgeDiscriminationinEmploymentAct,asamended,(the“ADEA”)toconsiderthetermsofthisAgreement[andanyattachmentnecessaryordesirableinaccordancewiththeADEA]andhasconsidereditstermsforsuchaperiodoftimeorhasknowinglyandvoluntarilywaivedEmployee’srighttodosobyexecutingthisAgreementandreturningittoCompany;(b)EmployeehasbeenadvisedbyCompanytoconsultwithanattorneyregardingthetermsofthisAgreement;(c)Employeehasconsultedwith,orhashadsufficientopportunitytoconsultwith,anattorneyofEmployee’sownchoosingregardingthetermsofthisAgreement;(d)anyandallquestionsregardingthetermsofthisAgreementhavebeenaskedandansweredtoEmployee’scompletesatisfaction;(e)EmployeehasreadthisAgreementandfullyunderstandsitstermsandtheirimport;(f)exceptasprovidedbythisAgreement,Employeehasnocontractualrightorclaimtothebenefitsandpaymentsdescribedherein;(g)theconsiderationprovidedforhereinisgoodandvaluable;and(h)EmployeeisenteringintothisAgreementvoluntarily,ofEmployee’sownfreewill,andwithoutanycoercion,undueinfluence,threat,orintimidationofanykindortypewhatsoever.HAVINGREADANDUNDERSTOODTHISAGREEMENT,CONSULTEDCOUNSELORVOLUNTARILYELECTEDNOTTOCONSULTCOUNSEL,ANDHAVINGHADSUFFICIENTTIMETOCONSIDERWHETHERTOENTERINTOTHISAGREEMENT,THEUNDERSIGNEDHEREBYEXECUTETHISAGREEMENTONTHEDATESSETFORTHBELOW.EMPLOYEEJDASOFTWAREGROUP,INC.By:Date:Date:PriorUnderstandingThisAgreementandtheotherLoanDocumentssupersedeallpriorunderstandingsandagreements,whetherwrittenororal,betweenthepartiesheretoandtheretorelatingtothetransactionsprovidedforhereinandtherein,includinganypriorconfidentialityagreementsandcommitments.AdditionalUnderstandingsYouagree,foryourselfandothersactingonyourbehalf,thatyou(andthey)havenotdisparagedandwillnotdisparage,makenegativestatementsaboutoractinanymannerwhichisintendedtoordoesdamagetothegoodwillof,orthebusinessorpersonalreputationsoftheCompany,anyofitsaffiliatesoranyoftheirrespectiveincumbentorformerofficers,directors,agents,consultants,employees,successorsandassigns.ThisagreementinnowayrestrictsorpreventsyoufromprovidingtruthfultestimonyconcerningtheCompanyoritsaffiliatesasrequiredbycourtorderorotherlegalprocess;providedthatyouaffordtheCompanywrittennoticeandanopportunitytorespondpriortosuchdisclosure.Inaddition,youagreethattheCompanyistheownerofallrights,titleandinterestinandtoalldocuments,tapes,videos,designs,plans,formulas,models,processes,computerprograms,inventions(whetherpatentableornot),schematics,music,lyrics,programmingideasandothertechnical,business,financial,advertising,sales,marketing,customer,programmingorproductdevelopmentplans,forecasts,strategies,informationandmaterials(inanymediumwhatsoever)developedorpreparedbyyouorwithyourcooperationduringthecourseofyouremploymentbytheCompany(the“Materials”).TheCompanywillhavethesoleandexclusiveauthoritytousetheMaterialsinanymannerthatitdeemsappropriate,inperpetuity,withoutadditionalpaymenttoyou.CompleteUnderstandingThisAgreementsupersedesanypriorcontracts,understandings,discussionsandagreementsrelatingtoemploymentbetweenEmployee,ontheonehand,andtheCompanyanditssubsidiariesandAffiliates,ontheother,andconstitutesthecompleteunderstandingbetweenthepartieswithrespecttothesubjectmatterhereof.Nostatement,representation,warrantyorcovenanthasbeenmadebyeitherpartywithrespecttheretoexceptasexpresslysetforthherein.MEMORANDUMOFUNDERSTANDINGRe:NursesCommitteeThepartiesacknowledgethattheRegisteredNurses’UnionNewfoundlandandLabrador(RNUNL)haveindicatedthattheyhaveissuesofconcernuniquetoNurseswholiveandworkinLabradorandthattheRNUNLwillattempttoaddresstheseconcernsthroughacommitteewhichwillbeestablishedsubsequenttothesenegotiations.LETTEROFUNDERSTANDINGPromptlyfollowingtheCommencementDate,TenantshallexecuteLandlord’sLetterofUnderstandinginsubstantiallytheformattachedheretoasExhibitCandmadeaparthereof,acknowledging(a)theCommencementDateofthisLease,and(b)exceptforanypunchlistitems,thatTenanthasacceptedtheLeasedPremises.IfTenanttakespossessionofandoccupiestheLeasedPremises,TenantshallbedeemedtohaveacceptedtheLeasedPremisesandthattheconditionoftheLeasedPremisesandtheBuildingwasatthetimesatisfactoryandinconformitywiththeprovisionsofthisLeaseinallrespects,subjecttoanypunchlistitems.AcknowledgementofFullUnderstandingTHEEXECUTIVEACKNOWLEDGESANDAGREESTHATHEHASFULLYREAD,UNDERSTANDSANDVOLUNTARILYENTERSINTOTHISAGREEMENT.THEEXECUTIVEACKNOWLEDGESANDAGREESTHATHEHASHADANOPPORTUNITYTOASKQUESTIONSANDCONSULTWITHANATTORNEYOFHISCHOICEBEFORESIGNINGTHISAGREEMENT.LETTEROFUNDERSTANDINGNO1Duringthe1989contractnegotiations,thePartiesdiscussedtherequirementforupgradingandtrainingofemployeeswithintheindustry.ItwasagreedthatitwasintheinterestofthePartiestoestablishanongoingtrainingprogramthatwouldprovideasafeandknowledgeableworkforce.Tothisend,thePartiesagreetoformulatespecificprovisionsthatwillachievethisgoal.AGREEDTOBYTHEUNION:AGREEDTOBYTHEEMPLOYERLOCALUNION258OFTHEASPLUNDHCANADAULC.IBEWDOUGS.McKAYR.MADDALOZZOBusinessManagerandManagerFinancialSecretaryDateDateUnderstandingTheExecutiverepresentsandagreesthathefullyunderstandshisrightstodiscussallaspectsofthisAgreementwithhisprivateattorney,thattotheextenthedesires,heavailedhimselfofthisright,thathehascarefullyreadandfullyunderstandsalloftheprovisionsofthisAgreement,thatheiscompetenttoexecutethisAgreement,thathisdecisiontoexecutethisAgreementhasnotbeenobtainedbyanyduressandthathefreelyandvoluntarilyentersintothisAgreement,andthathehasreadthisdocumentinitsentiretyandfullyunderstandsthemeaning,intent,andconsequencesofthisAgreement.FullUnderstandingEmployeerepresentsthathefullyunderstandshisrighttodiscussallaspectsofthisAgreementwithhisprivateattorney,andthattotheextent,ifany,Employeedesired,Employeeavailedhimselfofthisright.EmployeefurtherrepresentsthathehascarefullyreadandfullyunderstandsalloftheprovisionsofthisAgreement,thatEmployeeiscompetenttoexecutethisAgreement,thatEmployee’sagreementtoexecuteanddeliverthisAgreementhasnotbeenobtainedbyanyduressandthatEmployeefreelyandvoluntarilyentersintoit,andthatEmployeehasreadthisAgreementinitsentiretyandfullyunderstandsthemeaning,intentandconsequencesofthisAgreement.