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 and benefits provided under paragraphs 1 and 2 of this Agreement are in complete satisfaction of any and all compensation or benefits due to you from the Company or its affiliates 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 under the Employment Agreement, under the Transaction Bonus Agreement between you and the Company dated as of April 15, 2008, or otherwise. The payments made by the Company under this Agreement will be reduced by all taxes and other amounts required to be withheld by the Company under applicable law and all other lawful deductions authorized by you.

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

Acknowledgement of Full Payment and Withholding. (a) You acknowledge and agree that the payments and benefits to be provided under paragraphs 1 and 2 of this Agreement are in complete satisfaction of any and all compensation or benefits due to you from the Company or its affiliates affiliates, pursuant to the terms of your Employment Agreement or otherwise, through the Retirement Separation 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. (b) Except as specifically set forth herein, whether under the Employment Agreement, under the Transaction Bonus Agreement between you and the Company dated as of April 15, 2008, or otherwise. The payments made by the Company under this Agreement will be reduced by all taxes and other amounts required to be withheld by the Company under applicable law and all other lawful deductions authorized by you.