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: Separation Agreement (Renalytix PLC), Separation Agreement (Neogenomics Inc), Separation Agreement (Neogenomics Inc)

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Acknowledgement of Full Payment and Withholding. (a) You acknowledge and agree that the payments and benefits to be 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, whether for services provided pursuant to the Company, under the terms of your Employment Agreement, Agreement or otherwise, through the Separation Date. You further acknowledge that Date and that, except as expressly provided under this Agreement, no further compensation or benefits (including any equity or equity-based compensation) are owed or will be provided paid to you by you. (b) Except as specifically set forth herein, the Company or any of its Affiliates. All 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: Severance Agreement (Rxi Pharmaceuticals Corp)

Acknowledgement of Full Payment and Withholding. (a) You acknowledge and agree that the payments and benefits provided under Sections 1 Section 2 and 3 Section 5 of this Agreement are in complete satisfaction of any and all compensation and benefits due to you from the Company or any of and its Affiliates, whether for services provided to the Company, under the Employment Agreement, Company or its Affiliates or otherwise, through the Separation Date. You further acknowledge that Date and that, except as expressly provided under this Agreement, no further compensation or benefits (including any equity or equity-based compensation) are is owed or will be provided paid to you by the Company or any of its Affiliates. . (b) All payments made by the Company hereunder will under this Agreement shall be reduced by any tax or 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: Separation Agreement (McAfee Corp.)

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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: Retirement Agreement (LifeCare Holdings, Inc.)

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