Acknowledgement of Full Payment. You acknowledge and agree that the payments provided under paragraph 1 of this Agreement are in complete satisfaction of any and all compensation due to you from the Company, whether for services provided to the Company or otherwise, through the Separation Date and that, except as expressly provided under this Agreement, no further compensation is owed to you.
Acknowledgement of Full Payment. You acknowledge and agree that the payments and other benefits provided under this Agreement are in complete satisfaction of any and all compensation and benefits due to you from the Company or any of its Affiliates, whether for services provided to the Company or otherwise, through the Separation Date. You further acknowledge that, except as expressly provided under this Agreement, no further compensation or benefits are owed or will be provided to you by the Company or any of its Affiliates.
Acknowledgement of Full Payment. You acknowledge and agree that the payments to be provided in accordance with paragraph 2 of this Agreement are in complete satisfaction of any and all compensation due to you from the Company, whether for services provided to the Company or otherwise, through the Separation Date and that, except as expressly provided under this Agreement, no further compensation is owed to you. Further, it is agreed that severance pay and other benefits to which you are entitled under Paragraph 3 of this Agreement shall be reduced by any other payments or benefits to which you may be entitled under applicable law as a result of termination of your employment, including without limitation any federal, state or local law with respect to plant closings, mass layoffs or group benefit plan continuation following termination or the like, but exclusive of any unemployment benefits to which you are eligible under applicable law.
Acknowledgement of Full Payment. You acknowledge and agree that the payments provided under paragraph 2 of this Agreement are in complete satisfaction of any and all compensation due to you from the Company, whether for services provided to the Company or otherwise, through the above date of this letter and that, except as expressly provided under this Agreement, no further compensation is owed to you. Without limiting the generality of the foregoing, except as provided in paragraph 3 above, you expressly waive and relinquish any and all rights you have, or might have, to any bonus or other incentive compensation or other compensation, of any kind or description, under any plan or program of the Company.
Acknowledgement of Full Payment. Except as provided for above in this Agreement or the Merger Agreement (as defined below) and with the exception of any vested right Executive may have under the terms of a written ERISA-qualified benefit plan (e.g., 401(k) account), Executive acknowledges and agrees that Executive has received full payment for any and all compensation and benefits owed, and has no rights to any salary, fees, wages, benefits, overtime, bonuses, equity, earned vacation time, earned sick time, earned personal days or holidays, severance pay, notice pay, commissions or other form or compensation or remuneration, or expense reimbursement from the Company.
Acknowledgement of Full Payment. XXXXXXX acknowledges and agrees that has received payment in full by the CITY for all wages, overtime, bonuses, or other forms of compensation to which he was entitled as a result of his employment with the CITY.
Acknowledgement of Full Payment. Durham acknowledges and agrees that the payment of the amounts described in Sections 4, 7 and 8 shall constitute full and complete satisfaction of any and all amounts properly due and owing to Durham as a result of his employment with Crdentia or the termination of his employment.
Acknowledgement of Full Payment. The Executive acknowledges and agrees that the payments provided under Section 2 of this Agreement are in complete satisfaction of any and all compensation due to the Executive from the Company, whether for services provided to the Company or otherwise, through the Separation Date and that, except as expressly provided under this Agreement, no further compensation is owed to the Executive. Except as otherwise expressly provided in Section 3(c) hereof, the Executive’s participation in all employee benefit plans of the Company has ended as of the Separation Date in accordance with the terms of those plans, and the Executive will not continue to earn vacation or other paid time off after the Separation Date.
Acknowledgement of Full Payment. Notwithstanding the foregoing obligations of the parties hereunder, the parties hereto further agree and acknowledge that the delivery by Seller to Buyer of (i) the Orco Purchased Bonds; (ii) the Collateral; or (iii) any combination of the foregoing pursuant to the requirements of this Article II, shall constitute full payment by Seller for the Equus Acquired Shares delivered by Buyer hereunder.
Acknowledgement of Full Payment. You agree that the payments set forth herein shall be the only form of compensation, payments, and benefits provided to you by the Company, whether for services provided to the Company or otherwise, through the Separation Date and that, except as expressly provided under this Agreement, no further compensation, payment, or benefit is owed to you. Without limiting the foregoing, you agree that you are not entitled to any payment, grant, or benefit under the Company’s long-term incentive plans.
