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 Section 1 of this Agreement will be in complete satisfaction of any and all compensation and benefits due to you from the Company, 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, except as expressly provided hereunder, no further compensation or benefits are owed or will be provided to you by the Company. All payments made by the Company 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: Severance Agreement (Aegerion Pharmaceuticals, Inc.)

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Acknowledgement of Full Payment and Withholding. (a) You acknowledge and agree that the payments provided under Section 1 of this Agreement will be are in complete satisfaction of any and all compensation and or benefits due to you you, including vacation pay, from the Company, whether for services provided to the Company, under the employment agreement between you and the Company dated August 19, 2010 (the “Employment Agreement”), Agreement or otherwise, through the Separation Date. You further acknowledge Date and that, except as expressly provided hereunderunder this Agreement, no further compensation or benefits are owed or will be provided paid to you by you. You and the Company. Company hereby waive any notice that may be required from the other party, including pursuant to the Employment Agreement. (b) All payments made by the Company 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: Separation Agreement (Eargo, Inc.)

Acknowledgement of Full Payment and Withholding. You acknowledge and agree that the payments provided under Section 1 of this Agreement will be in complete satisfaction of any and all compensation and benefits due to you from the Company, whether for services provided to the Company, under the employment agreement Amended and Restated Employment Agreement between you and the Company dated August 191, 2010 2014 (the “Employment Agreement”), or otherwise, through the Separation Date. You further acknowledge that, except as expressly provided hereunder, no further compensation or benefits are owed or will be provided to you by the Company. All payments made by the Company 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: Severance Agreement (Aegerion Pharmaceuticals, Inc.)

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Acknowledgement of Full Payment and Withholding. (a) You acknowledge and agree that the payments provided under Section 1 of this Agreement will be are in complete satisfaction of any and all compensation and or benefits due to you from the Company, 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 Date and that, except as expressly provided hereunderunder this Agreement, no further compensation or benefits are owed or will be provided paid to you. You further acknowledge and agree that you by will not be entitled to receive the Severance Payments, Pro-Rata Bonus or COBRA Premiums in connection with your separation from employment with the Company. . (b) All payments made by the Company 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: Separation Agreement (Paratek Pharmaceuticals, Inc.)

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