Common use of Acknowledgement of Payment of Wages Clause in Contracts

Acknowledgement of Payment of Wages. Executive acknowledges that he has received all amounts owed for his regular and usual salary (including, but not limited to, any bonus, severance, incentives or other wages but excluding salary for the current payroll period), and usual benefits through the date of this Release Agreement (except for the benefits due to the Executive in connection with the execution and delivery of this Release Agreement pursuant to Section 5.3 of the Employment Agreement). Executive currently owns shares of common stock of the Company and, other than his rights as a shareholder with respect to such shares and his rights as to the equity-based awards referred to in Exhibit E-1 hereto (which shall be governed by and subject to termination pursuant to the terms and conditions of the written agreements evidencing the applicable awards), Executive has received all equity and equity-based securities and awards to which he is entitled from the Company and each of the Releasees and is not entitled to any new securities or awards in the future from or with respect to the Company or any of the Releasees.

Appears in 5 contracts

Samples: Stock Option Agreement (Seracare Life Sciences Inc), Employment Agreement (Seracare Life Sciences Inc), Employment Agreement (Seracare Life Sciences Inc)

AutoNDA by SimpleDocs

Acknowledgement of Payment of Wages. Executive acknowledges that he she has received all amounts owed for his her regular and usual salary (including, but not limited to, any bonus, severance, incentives or other wages but excluding salary for the current payroll period), and usual benefits through the date of this Release Agreement (except for the benefits due to the Executive in connection with the execution and delivery of this Release Agreement pursuant to Section 5.3 of the Employment Agreement). Executive currently owns [ ] shares of common stock of the Company and, other than his her rights as a shareholder with respect to such shares and his her rights as to the equity-based awards referred to in Exhibit E-1 hereto (which shall be governed by and subject to termination pursuant to the terms and conditions of the written agreements evidencing the applicable awards), Executive has received all equity and equity-based securities and awards to which he she is entitled from the Company and each of the Releasees and is not entitled to any new securities or awards in the future from or with respect to the Company or any of the Releasees.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Seracare Life Sciences Inc), Nonqualified Stock Option Agreement (Seracare Life Sciences Inc), Nonqualified Stock Option Agreement (Seracare Life Sciences Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.