Common use of DISPUTED COMPENSATION Clause in Contracts

DISPUTED COMPENSATION. In the event that the Company should at any time dispute any payment or vesting of compensation as provided herein to executive, Company agrees that it will provide Executive with a timely and immediate written notice of such dispute detailing the specific compensation that it disputes and detailing all of the legal reasons and the detailed factual basis for its objection thereto. Such written notice will be provided to Executive in advance of the payment or vesting of any such disputed payment to Executive. Providing such a notice does not eliminate or obviate the Company’s responsibility to make such a payment of compensation, its dispute or objection notwithstanding. In the event that the reasons for the dispute or objection arise after the disbursement or vesting of such compensation to Executive, then Company agrees that it will provide notice to Executive at the earlier of: 1) twenty one (21) days from the date of any such disbursement or vesting; 2) if Company knew or reasonably should have known of the basis for such an objection at the time of the disbursement of vesting, then the notice must be provided within seven (7) days of such disbursement or vesting; 3) if Company did not know and reasonably could not be expected to known of the basis for such an objection then the notice must be provided within one hundred and twenty (120) days of the disbursement, payment or vesting of such benefit. Any request or demand by the Company for reimbursement of compensation paid to Executive pursuant to this agreement is waved if not made within the limitation period described in this paragraph. No action will be brought or maintained by the Company against Executive, either in a court of law or in arbitration, or otherwise, to recover compensation paid to executive if the Company has not fully complied with this section 15. Under no circumstances will any action will be brought or maintained by the company against executive, either in a court of law or in arbitration, or otherwise, to recover compensation already vested or paid to executive, even if prior notice of the dispute or objection as described above has been served, if more than three hundred and sixty five (365) days have passed since the payment or vesting which the company would otherwise seek to recover or overturn. This section 15 shall not apply to any compensation that Executive should receive that is over and above the compensation specifically described in this Agreement.

DISPUTED COMPENSATION. In the event that the Company should at any time anytime dispute any payment or vesting of compensation as provided herein to executive, Company agrees that it will provide Executive with a timely and immediate written notice of such dispute detailing the specific compensation that it disputes and detailing all of the legal reasons and the detailed factual basis for its objection thereto. Such written notice will be provided to Executive in advance of the payment or vesting of any such disputed payment to Executive. Providing such a notice does not eliminate or obviate the Company’s 's responsibility to make such a payment of compensation, its dispute or objection notwithstanding. In the event that the reasons for the dispute or objection arise after the disbursement or vesting of such compensation to Executive, then Company agrees that it will provide notice to Executive at the earlier of: 1) of twenty one (21) days from the date of any such disbursement or vesting; 2) vesting if Company knew or reasonably should have known of the basis for such an objection at the time of the disbursement of vesting, then the notice must be provided within seven (7) days of such disbursement or vesting; 3) , or if Company did not know and or reasonably could not be expected to known of the basis for such an objection then the notice must be provided objection, within one hundred and twenty thirty one (120131) days of the disbursement, payment or vesting of such benefit. Any request or demand by the Company for reimbursement of compensation paid to Executive pursuant to this agreement is waved if not made within the limitation period described in this paragraph. No action will be brought or maintained by the Company against Executive, either in a court of law or in arbitration, or otherwise, to recover compensation paid to executive if the Company has not fully complied with this section 1516. Under no circumstances will any action will be brought or maintained by the company against executive, either in a court of law or in arbitration, or otherwise, to recover compensation already vested or paid to executive, even if prior notice of the dispute or objection as described above has been served, if more than three hundred and sixty five (365) days have passed since the payment or vesting which the company would otherwise seek to recover or overturn. This section 15 16 shall not apply to any compensation that Executive should receive that is over and above the compensation specifically described in this Agreement.

DISPUTED COMPENSATION. In the event that the Company should at any time anytime dispute any payment or vesting of compensation as provided herein to executive, Company agrees that it will provide Executive with a timely and immediate written notice of such dispute detailing the specific compensation that it disputes and detailing all of the legal reasons and the detailed factual basis for its objection thereto. Such written notice will be provided to Executive in advance of the payment or vesting of any such disputed payment to Executive. Providing such a notice does not eliminate or obviate the Company’s 's responsibility to make such a payment of compensation, its dispute or objection notwithstanding. In the event that the reasons for the dispute or objection arise after the disbursement or vesting of such compensation to Executive, then Company agrees that it will provide notice to Executive at the earlier of: 1) of twenty one (21) days from the date of any such disbursement or vesting; 2) vesting if Company knew or reasonably should have known of the basis for such an objection at the time of the disbursement of vesting, then the notice must be provided within seven (7) days of such disbursement or vesting; 3) , or if Company did not know and or reasonably could not be expected to known of the basis for such an objection then the notice must be provided objection, within one hundred and twenty thirty one (120131) days of the disbursement, payment or vesting of such benefit. Any request or demand by the Company for reimbursement of compensation paid to Executive pursuant to this agreement is waved if not made within the limitation period described in this paragraph. No action will be brought or maintained by the Company against Executive, either in a court of law or in arbitration, or otherwise, to recover compensation paid to executive if the Company has not fully complied with this section 15. Under no circumstances will any action will be brought or maintained by the company against executive, either in a court of law or in arbitration, or otherwise, to recover compensation already vested or paid to executive, even if prior notice of the dispute or objection as described above has been served, if more than three hundred and sixty five (365) days have passed since the payment or vesting which the company would otherwise seek to recover or overturn. This section 15 16 shall not apply to any compensation that Executive should receive that is over and above the compensation specifically described in this Agreement.

DISPUTED COMPENSATION. In the event that the Company should at any time dispute any payment or vesting of compensation as provided herein to executive, Company agrees that it will provide Executive with a timely and immediate written notice of such dispute detailing the specific compensation that it disputes and detailing all of the legal reasons and the detailed factual basis for its objection thereto. Such written notice will be provided to Executive in advance of the payment or vesting of any such disputed payment to Executive. Providing such a notice does not eliminate or obviate the Company’s 's responsibility to make such a payment of compensation, its dispute or objection notwithstanding. In the event that the reasons for the dispute or objection arise after the disbursement or vesting of such compensation to Executive, then Company agrees that it will provide notice to Executive at the earlier of: 1) of twenty one (21) days from the date of any such disbursement or vesting; 2) vesting if Company knew or reasonably should have known of the basis for such an objection at the time of the disbursement of vesting, then the notice must be provided within seven (7) days of such disbursement or vesting; 3) , or if Company did not know and or reasonably could not be expected to known of the basis for such an objection then the notice must be provided objection, within one hundred and twenty thirty one (120131) days of the disbursement, payment or vesting of such benefit. Any request or demand by the Company for reimbursement of compensation paid to Executive pursuant to this agreement is waved if not made within the limitation period described in this paragraph. No action will be brought or maintained by the Company against Executive, either in a court of law or in arbitration, or otherwise, to recover compensation paid to executive if the Company has not fully complied with this section 15. Under no circumstances will any action will be brought or maintained by the company against executive, either in a court of law or in arbitration, or otherwise, to recover compensation already vested or paid to executive, even if prior notice of the dispute or objection as described above has been served, if more than three hundred and sixty five (365) days have passed since the payment or vesting which the company would otherwise seek to recover or overturn. This section 15 shall not apply to any compensation that Executive should receive that is over and above the compensation specifically described in this Agreement.