Acknowledgement Clause Example from Business Contracts

This example Acknowledgement clause appears in 2 contracts from 2 companies

Acknowledgement. Optionee acknowledges that Optionee (a) has received a copy of the Plan, (b) has had an opportunity to review the terms of this Agreement and the Plan, (c) understands the terms and conditions of this Agreement and the Plan and (d) agrees to such terms and conditions.