Common use of No Separate Fund Clause in Contracts

No Separate Fund. All severance benefits payable under this Agreement are payable from the Company’s general assets. There is no separate trust or fund established for the payment of severance benefits under this Agreement. All amounts payable hereunder shall be less all appropriate deductions, including federal, state and local withholding taxes.

Appears in 12 contracts

Samples: Severance Agreement (Alphatec Holdings, Inc.), Employment Agreement (Alphatec Holdings, Inc.), Severance Agreement (Alphatec Holdings, Inc.)

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No Separate Fund. All severance benefits payable under this Agreement are payable from the Company’s 's general assets. There is no separate trust or fund established for the payment of severance benefits under this Agreement. All amounts payable hereunder shall be less all appropriate deductions, including federal, state and local withholding taxes.

Appears in 1 contract

Samples: Employment Agreement (Alphatec Holdings, Inc.)

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