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. Choice of Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of California.
Appears in 4 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, 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. Choice of Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of California, except their choice-of-law provisions.
Appears in 1 contract
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 for payment of all federal, state and local employment taxes and any other taxes required to be withheld by law. Choice of Law. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of California, without regard to principals of conflicts of law.
Appears in 1 contract
Samples: Employment Agreement (Xencor Inc)
