Common use of No Other Payments Due Clause in Contracts

No Other Payments Due. Employee acknowledges and agrees that he has received or will receive on the Termination Date all salary, accrued vacation, commissions, bonuses, compensation or other such sums due to Employee other than the Settlement Payment to be paid after the Termination Date pursuant to Section 2 of this Agreement and other consideration set forth in this Agreement. In light of the payment by the Company of all wages due, or to become due to Employee, the parties further acknowledge and agree that California Labor Code Section 206.5 is not applicable to the Parties hereto. 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.

No Other Payments Due. Employee acknowledges and agrees that he that, as of the Termination Date, Employee has received or will receive on the Termination Date all salary, accrued vacation, commissions, bonuses, compensation or other such sums due to Employee as of the Termination Date other than the Settlement Payment amounts, if any, to be paid after the Termination Date pursuant to Section 2 of this Agreement and other consideration set forth in this Agreement. In As of the Termination Date, in light of the payment to be made by the Company of all wages due, or to become due to Employee, the parties Parties further acknowledge and agree that California Labor Code Section 206.5 is not applicable to the Parties hereto. 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.

No Other Payments Due. Employee Executive acknowledges and agrees that he has upon receipt of the payments to be made on and after the Separation Date pursuant to this Agreement, Executive will have received or will receive on the Termination Date all salary, accrued vacation, commissions, bonuses, wages, compensation or other such sums due to Employee Executive as of the Separation Date, other than the Settlement Payment amounts, if any, to be paid after the Termination Separation Date pursuant to Section 2 of this Agreement and other consideration set forth in this Agreement. In light of The Parties further acknowledge and agree that, upon the payment by the Company of all wages due, or to become due due, to EmployeeExecutive, the parties further acknowledge and agree that California Labor Code Section 206.5 is will not be applicable to the Parties hereto. 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.

No Other Payments Due. Employee acknowledges and agrees that he that, as of the Termination Date, Employee has received or will receive on the Termination Date all salary, accrued vacation, commissions, bonuses, compensation or other such sums due to Employee as of the Termination Date other than the Settlement Payment amounts, if any, to be paid after the Termination Date pursuant to Section 2 of this Agreement and other consideration set forth in this Agreement. In As of the Termination Date, in light of the payment to be made by the Company of all wages due, or to become due to Employee, the parties Parties further acknowledge and agree that California Labor Code Section 206.5 is not applicable to the Parties hereto. 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.