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 11 contracts

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

AutoNDA by SimpleDocs

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.. Exhibit 10.2

Appears in 1 contract

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

AutoNDA by SimpleDocs

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: Alphatec Change in Control Agreement (Alphatec Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.