Common use of No Setoff; Withholding Taxes Clause in Contracts

No Setoff; Withholding Taxes. There shall be no right of setoff or counterclaim, with respect to any claim, debt or obligation, against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 16 contracts

Samples: Severance Agreement (Metabasis Therapeutics Inc), Severance Agreement (Actionpoint Inc), Severance Agreement (Microcide Pharmaceuticals Inc)

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No Setoff; Withholding Taxes. There shall be no right of setoff or counterclaim, with respect to any claim, debt or obligation, obligation against payments to the Employee Executive under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect for payment of all federal, state and local employment taxes and any other taxes required to be withheld by law.

Appears in 10 contracts

Samples: Change in Control Agreement (Azz Inc), Change in Control Agreement (Azz Inc), Change in Control Agreement

No Setoff; Withholding Taxes. There shall will be no right of setoff or counterclaim, with respect to any claim, debt or obligation, against payments to the Employee Executive under this Agreement. All payments made under this Agreement shall will be subject to reduction to reflect taxes required to be withheld by law.

Appears in 8 contracts

Samples: Change of Control Agreement (Network Equipment Technologies Inc), Change of Control Agreement (Network Equipment Technologies Inc), Change of Control Agreement (Network Equipment Technologies Inc)

No Setoff; Withholding Taxes. There shall be no right of setoff or counterclaim, with respect to any claim, debt or obligation, obligation against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 8 contracts

Samples: Severance Agreement (Metabasis Therapeutics Inc), Severance Agreement (Metabasis Therapeutics Inc), Severance Agreement (Metabasis Therapeutics Inc)

No Setoff; Withholding Taxes. There shall be no right of setoff or counterclaim, counterclaim with respect to any claim, debt or obligation, obligation against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 5 contracts

Samples: Employment Agreement (Health Systems International Inc), Employment Agreement (Health Systems International Inc), Employment Agreement (Health Systems International Inc)

No Setoff; Withholding Taxes. There shall be no right of setoff or -------------------------------- counterclaim, with respect to any claim, debt or obligation, against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 2 contracts

Samples: Executive Compensation Agreement (Ross Systems Inc/Ca), Executive Compensation Agreement (Ross Systems Inc/Ca)

No Setoff; Withholding Taxes. There shall be no right of setoff or counterclaim, with respect to any claim, debt or obligation, against payments to the Employee Executive under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 1 contract

Samples: Change in Control Agreement (N2h2 Inc)

No Setoff; Withholding Taxes. There shall be no right of setoff or ---------------------------- counterclaim, with respect to any claim, debt or obligation, against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 1 contract

Samples: Severance Agreement (Essential Therapeutics Inc)

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No Setoff; Withholding Taxes. There shall be no right of ---------------------------- setoff or counterclaim, with respect to any claim, debt or obligation, against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 1 contract

Samples: Severance Agreement (Essential Therapeutics Inc)

No Setoff; Withholding Taxes. There shall be no right of setoff or counterclaim, with respect to any claim, debt or obligation, against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to a reduction to reflect taxes required to be withheld by law.

Appears in 1 contract

Samples: Employment Agreement (Urs Corp /New/)

No Setoff; Withholding Taxes. There shall be no right of setoff or counterclaim, with respect to any claim, debt or obligation, against payments to the Employee Sayward under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 1 contract

Samples: Severance Agreement (Sicor Inc)

No Setoff; Withholding Taxes. There shall be no right of setoff ---------------------------- or counterclaim, with respect to any claim, debt or obligation, against payments to the Employee under this Agreement. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

Appears in 1 contract

Samples: Severance Agreement (Microcide Pharmaceuticals Inc)

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