Common use of Labor Code Section 206 Clause in Contracts

Labor Code Section 206. 5. Executive agrees that Axesstel has paid to Executive his/her salary and vacation accrued as of the Separation Date and that these payments represent all such monies due to Executive through the Separation Date. In light of the payment by Axesstel of all wages due, or to become due to Executive, California Labor Code Section 206.5 is not applicable. That section provides in pertinent part as follows: “No employer shall require the execution of any release of any claim or right on account of wages due, or to become due, or made as an advance on wages to be earned, unless payment of such wages has been made.”

Appears in 4 contracts

Samples: Executive Employment Agreement (Axesstel Inc), Executive Employment Agreement (Axesstel Inc), Executive Employment Agreement (Axesstel Inc)

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Labor Code Section 206. 5. Executive agrees that Axesstel has paid to Executive his/her salary and vacation accrued as of the Separation Date and that these payments represent all such monies due to Executive through the Separation Date. In light of the payment by Axesstel of all wages due, or to become due to Executive, California Labor Code Section 206.5 is not applicable. That section provides in pertinent part as follows: No employer shall require the execution of any release of any claim or right on account of wages due, or to become due, or made as an advance on wages to be earned, unless payment of such wages has been made.

Appears in 2 contracts

Samples: Executive Severance Compensation Agreement (Axesstel Inc), Executive Severance Compensation Agreement (Axesstel Inc)

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