Common use of Acknowledgment of Full Compensation Clause in Contracts

Acknowledgment of Full Compensation. The Executive acknowledges and agrees that he received from the Company and the Bank all wages, fringe benefits (including without limitation by enumeration vacation pay, insurance benefits, retirement and pension benefits, stock options, severance pay, bonus payments, and expense reimbursement) and all other compensation owed by the Company and the Bank to the Executive through and including the date of this Agreement. The Executive further confirms that he is not entitled to any further compensation arising out of his employment.

Appears in 6 contracts

Samples: Executive Service and Settlement Agreement (State Financial Services Corp), Executive Service and Settlement Agreement (State Financial Services Corp), Executive Service and Settlement Agreement (Associated Banc-Corp)

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