Common use of Acknowledgement of Full Payment and Withholding Clause in Contracts

Acknowledgement of Full Payment and Withholding. You acknowledge and agree that the payments provided under Sections 1 and 3 of 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, under the Employment Agreement, or otherwise, through the Separation Date. You further acknowledge that no further compensation or benefits (including any equity or equity-based compensation) are owed or will be provided to you by the Company or any of its Affiliates. All payments made by the Company hereunder will be reduced by any tax or other amounts required to be withheld by the Company under applicable law and all other lawful deductions authorized by you.

Appears in 3 contracts

Samples: Letter Agreement (Renalytix PLC), Letter Agreement (Neogenomics Inc), Letter Agreement (Neogenomics Inc)

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Acknowledgement of Full Payment and Withholding. You acknowledge and agree that the payments provided under Sections 1 and 3 Section 2 of this Agreement are in complete satisfaction of any and all compensation and or benefits due to you from the Company or any of its Affiliates, whether for services provided to the Company, under the Employment Agreement, Company or otherwise, through the Separation Date. You further acknowledge that that, except as expressly provided hereunder, no further compensation or benefits (including any equity or equity-based compensation) are owed or will be provided to you by the Company or any of its Affiliates. All payments made by the Company hereunder will under this Agreement shall be reduced by any tax or other amounts required to be withheld by the Company under applicable law and all other lawful deductions authorized by you.

Appears in 2 contracts

Samples: Letter Agreement (MACOM Technology Solutions Holdings, Inc.), Letter Agreement (MACOM Technology Solutions Holdings, Inc.)

Acknowledgement of Full Payment and Withholding. You acknowledge and agree that the payments and benefits provided under Sections paragraphs 1 and 3 2 of this Agreement are in complete satisfaction of any and all compensation and or benefits due to you from the Company or any of its Affiliatesaffiliates through the Retirement Date and Transition Period and that, except as expressly provided under this Agreement, no further compensation or benefits are owed or will be paid to you, whether for services provided to the Company, under the Employment Agreement, under the Transaction Bonus Agreement between you and the Company dated as of April 15, 2008, or otherwise, through the Separation Date. You further acknowledge that no further compensation or benefits (including any equity or equity-based compensation) are owed or will be provided to you by the Company or any of its Affiliates. All The payments made by the Company hereunder under this Agreement will be reduced by any tax or all taxes and other amounts required to be withheld by the Company under applicable law and all other lawful deductions authorized by you.

Appears in 1 contract

Samples: LifeCare Holdings, Inc.

Acknowledgement of Full Payment and Withholding. You acknowledge and agree that the payments provided under Sections Section 1 and 3 of this Agreement are will be in complete satisfaction of any and all compensation and benefits due to you from the Company or any of its AffiliatesCompany, whether for services provided to the Company, under the Amended and Restated Employment Agreement between you and the Company dated August 1, 2014 (the “Employment Agreement”), or otherwise, through the Separation Date. You further acknowledge that that, except as expressly provided hereunder, no further compensation or benefits (including any equity or equity-based compensation) are owed or will be provided to you by the Company or any of its AffiliatesCompany. All payments made by the Company hereunder will under this Agreement shall be reduced by any tax or other amounts required to be withheld by the Company under applicable law and all other lawful deductions authorized by you.

Appears in 1 contract

Samples: Letter Agreement (Aegerion Pharmaceuticals, Inc.)

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Acknowledgement of Full Payment and Withholding. You acknowledge and agree that the payments provided under Sections Section 1 and 3 of this Agreement are will be in complete satisfaction of any and all compensation and benefits due to you from the Company or any of its AffiliatesCompany, whether for services provided to the Company, under the employment agreement between you and the Company dated August 19, 2010 (the “Employment Agreement”), or otherwise, through the Separation Date. You further acknowledge that that, except as expressly provided hereunder, no further compensation or benefits (including any equity or equity-based compensation) are owed or will be provided to you by the Company or any of its AffiliatesCompany. All payments made by the Company hereunder will under this Agreement shall be reduced by any tax or other amounts required to be withheld by the Company under applicable law and all other lawful deductions authorized by you.

Appears in 1 contract

Samples: Letter Agreement (Aegerion Pharmaceuticals, Inc.)

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