Reader Gabriel Kurcab, a lawyer at the Cincinnati law firm Katz Teller, sent me the following traditional recital of consideration, which he had found in a medical director agreement:
NOW THEREFORE, KNOW ALL MEN BY THESE PRESENTS, accepting the above WHEREAS clause as true and incorporating same as if fully stated herein, that the parties hereto, in consideration of the premises and the mutual promises and undertakings herein well and truly to be formed, do agree as hereinafter set forth.
Freak-show traditional contract legalese gets old quickly, but it’s not a bad idea to remind oneself occasionally of what the worst of the worst looks like. Gabriel referred to this recital of consideration as “the human centipede of legal prose.” (If you don’t get that allusion, consider yourself fortunate!)
For my most recent discussion of the traditional recital of consideration, see this 2013 blog post. Because some think that the traditional recital of consideration has a role to play, in the fourth edition of MSCD I’ll attempt to put a stake through its heart.
(Go here for my post prompted by use of well and truly in this recital of consideration.)