Common use of EMPLOYER LIABLE FOR PAYMENT Clause in Contracts

EMPLOYER LIABLE FOR PAYMENT. Except as the Committee may determine otherwise in connection with a Change in Control, the Employer is liable for the payment of any amounts that become due under this Agreement.

Appears in 15 contracts

Samples: Performance Share Award Agreement, Performance Restricted Stock Units Award Agreement (Quanex Building Products CORP), Performance Restricted Stock Units Award Agreement (Quanex Building Products CORP)

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EMPLOYER LIABLE FOR PAYMENT. Except as the Committee may determine otherwise in connection with a Change in Control, the Employer (or the Company, as applicable) is liable for the payment of any amounts that become due under this Agreement.

Appears in 3 contracts

Samples: Annual Incentive Award Agreement (Quanex Building Products CORP), Performance Restricted Stock Units Award Agreement (Quanex Building Products CORP), Annual Incentive Award Agreement (Quanex Building Products CORP)

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EMPLOYER LIABLE FOR PAYMENT. Except as the Committee may determine otherwise in connection with a Change in Control, the Employer (or the Company, as applicable), is liable for the payment of any amounts that become due under this Agreement.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Quanex Building Products CORP), Restricted Stock Unit Award Agreement (Quanex Building Products CORP)

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