Common use of No Set-Off, Etc Clause in Contracts

No Set-Off, Etc. The Company’s obligation to make the payments and perform it obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Executive or others. All payments by the Company hereunder shall be final, and the Company shall not seek to recover from Executive any part of any payment for any reason whatsoever.

Appears in 6 contracts

Samples: Control Severance Agreement (Raytheon Co/), Control Severance Agreement (Raytheon Co/), Control Severance Agreement (Raytheon Co/)

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No Set-Off, Etc. The Company’s 's obligation to make the payments and perform --------------- it obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Executive or others. All payments by the Company hereunder shall be final, and the Company shall not seek to recover from Executive any part of any payment for any reason whatsoever.

Appears in 2 contracts

Samples: Control Severance Agreement (Raytheon Co/), Raytheon Co/

No Set-Off, Etc. The Company’s 's obligation to make the payments and perform it obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Executive or others. All payments by the Company hereunder shall be final, and the Company shall not seek to recover from Executive any part of any payment for any reason whatsoever.

Appears in 2 contracts

Samples: Company Change in Control Severance Agreement (Raytheon Co/), Control Severance Agreement (Raytheon Co/)

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No Set-Off, Etc. The Company’s obligation to make the payments and perform it its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Executive or others. All payments by the Company hereunder shall be final, and the Company shall not seek to recover from Executive any part of any payment for any reason whatsoever.

Appears in 1 contract

Samples: Control Severance Agreement (Raytheon Co/)

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