Common use of Payment Obligations Absolute Clause in Contracts

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 13 contracts

Samples: Key Executive Employment and Severance Agreement, Key Executive Employment and Severance Agreement (Fiserv Inc), Key Executive Employment and Severance Agreement (Fiserv Inc)

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Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone else. Except as provided in Section 1514, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 12 contracts

Samples: Executive Employment and Severance Agreement (Wisconsin Gas Co), Executive Employment and Severance Agreement (Hein Werner Corp), Executive Employment and Severance Agreement (Hein Werner Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or her or anyone else. Except as provided in Section 15, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 12 contracts

Samples: Key Executive Employment and Severance Agreement (nVent Electric PLC), Key Executive Employment and Severance Agreement (PENTAIR PLC), Key Executive Employment and Severance Agreement (PENTAIR PLC)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive Employee the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the ExecutiveEmployee, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 9 contracts

Samples: Key Executive Employment and Severance Agreement (Alliant Energy Corp), Key Executive Employment and Severance Agreement (Alliant Energy Corp), Key Executive Employment and Severance Agreement (Interstate Power & Light Co)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 8 contracts

Samples: Executive Employment and Severance Agreement (Wisconsin Public Service Corp), Key Executive Employment and Severance Agreement (Wisconsin Public Service Corp), Key Executive Employment and Severance Agreement (Wisconsin Public Service Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone else. Except as provided in Section 1514, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 7 contracts

Samples: Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc), Key Executive Employment and Severance Agreement (Badger Meter Inc)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company will not seek to recover all or any part of such payment from the Executive, Executive or from whomsoever may be entitled thereto, for any reason whatsoeverwhatever except as provided in Section 8(d) above.

Appears in 7 contracts

Samples: Severance Agreement (Peoples Heritage Financial Group Inc), Employment Agreement (Peoples Heritage Financial Group Inc), Severance Agreement (Banknorth Group Inc/Me)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which that the Company may have against him the Executive or anyone else. Except as provided in Section 158(b) and Section 14, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 7 contracts

Samples: Key Executive Employment and Severance Agreement (Oshkosh Corp), Key Executive Employment and Severance Agreement (Oshkosh Corp), Key Executive Employment and Severance Agreement (Oshkosh Corp)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein in this Agreement shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder under this Agreement by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever whoever may be entitled theretoto such payment, for any reason whatsoeverreason.

Appears in 6 contracts

Samples: Change of Control Employment Agreement (Belden Inc), Change of Control Employment Agreement (Belden Inc), Change of Control Employment Agreement (Belden Inc)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1516 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 5 contracts

Samples: Executive Employment and Severance Agreement (Banta Corp), Executive Employment and Severance Agreement (Banta Corp), Key Executive Employment and Severance Agreement (Banta Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period term of the Executive’s employment hereunder to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except , except as provided in Section 15, all 9(b)(iii). All amounts payable by the Company hereunder shall be paid without notice (except as provided in Section 12) or demand. Each and every payment made hereunder by the Company shall be final, and the The Company will not seek to recover all or any part of any such payment from the Executive, Executive or from whomsoever may be entitled thereto, for any reason whatsoever, except as provided in Section 9(b)(iii).

Appears in 5 contracts

Samples: Executive Employment Contract (Sensient Technologies Corp), Executive Employment Contract (Sensient Technologies Corp), Executive Employment Contract (Sensient Technologies Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period term of the Executive’s employment hereunder to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except , except as provided in Section 15, all 9(b)(iii). All amounts payable by the Company hereunder shall be paid without notice (except as provided in Section 11) or demand. Each and every payment made hereunder by the Company shall be final, and the The Company will not seek to recover all or any part of any such payment from the Executive, Executive or from whomsoever may be entitled thereto, for any reason whatsoever, except as provided in Section 9(b)(iii).

Appears in 4 contracts

Samples: Executive Employment Contract (Sensient Technologies Corp), Executive Employment Contract (Sensient Technologies Corp), Executive Employment Contract (Sensient Technologies Corp)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 4 contracts

Samples: Key Executive Employment and Severance Agreement (Pentair Inc), Key Executive Employment and Severance Agreement (Pentair Inc), Key Executive Employment and Severance Agreement (Pentair Inc)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Subsection 10(b) and Section 1516 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 3 contracts

Samples: Key Executive Employment and Severance Agreement (Mgic Investment Corp), Key Executive Employment and Severance Agreement (Mgic Investment Corp), Key Executive Employment and Severance Agreement (Mgic Investment Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which that the Company may have against him the Executive or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 3 contracts

Samples: Key Executive Employment and Severance Agreement (Midwest Express Holdings Inc), Key Executive Employment and Severance Agreement (Midwest Air Group Inc), Key Executive Employment and Severance Agreement (Midwest Express Holdings Inc)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each Except as provided in Subsection 9(b) of this Agreement, each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Schultz Holding Co Inc), Key Executive Employment and Severance Agreement (Schultz Sav O Stores Inc)

Payment Obligations Absolute. The Company’s 's obligation during and ---------------------------- after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section ------- 15, all amounts payable by the Company hereunder shall be paid without notice or -- demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Fiserv Inc), Key Executive Employment and Severance Agreement (Fiserv Inc)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 2 contracts

Samples: Key Executive Employment and Severance Agreement (Integrys Energy Group, Inc.), Key Executive Employment and Severance Agreement (Integrys Energy Group, Inc.)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which that the Company may have against him the Executive or anyone else. Except as provided in Section 1514, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 2 contracts

Samples: Executive Employment and Severance Agreement (Oshkosh Truck Corp), Executive Employment and Severance Agreement (Oshkosh Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 2 contracts

Samples: Executive Employment and Severance Agreement (Integrys Energy Group, Inc.), Executive Employment and Severance Agreement (Integrys Energy Group, Inc.)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 2 contracts

Samples: Executive Employment Agreement (Long Island Lighting Co), Executive Employment Agreement (Long Island Lighting Co)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company will not seek to recover all or any part of such payment from the Executive, Executive or from whomsoever may be entitled thereto, for any reason whatsoeverwhatever except as provided in Section 8(d) above.

Appears in 1 contract

Samples: Severance Agreement (Banknorth Group Inc/Me)

Payment Obligations Absolute. The Company’s 's ---------------------------- obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Executive Employment and Severance Agreement (WPS Resources Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone else. Except as provided in Section 1514, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever. 16.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoffset-off, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone elseany third party. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company will not seek seek, nor permit its subsidiaries, affiliates, successors or assigns to seek, to recover all or any part of such payment from the Executive, Executive or from whomsoever whosoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Employment Agreement (Star Banc Corp /Oh/)

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Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstancescircum stances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1516 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Employment Agreement (M&t Bank Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company will not seek to recover all or any part of such payment from the Executive, Executive or from whomsoever whosoever may be entitled thereto, for any reason whatsoeverwhatever except as provided in Section 8(d) above.

Appears in 1 contract

Samples: Severance Agreement (Banknorth Group Inc/Me)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period term of the Executive's employment hereunder to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice (except as provided in Section 12 of this Agreement) or demand. Each and every payment made hereunder by the Company shall be final, and the The Company will not seek to recover all or any part of any such payment from the Executive, Executive or from whomsoever may be entitled thereto, for any reason whatsoever, except as provided in subparagraph 9(b)(ii) of this Agreement.

Appears in 1 contract

Samples: Executive Employment Contract (Universal Foods Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone else. Except as provided in Subsection 6(c) and Section 1512, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Mgic Investment Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Employment Agreement (Fresh Brands Inc)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make makes the benefit benefits and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone elseany other Person. Except as provided in Section 1514 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be finalExcept as provided in Section 9 of this Agreement, and the Company will not seek to recover all or any part of such any payment made by the Company hereunder from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Abr Information Services Inc)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitationlimitations, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each Except as provided in Subsection 9(b) of this Agreement, each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Northland Cranberries Inc /Wi/)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period Executive’s employment with Certified or the Company to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Employment Agreement (Fresh Brands Inc)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period term of the Executive's employment hereunder to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except , except as provided in Section 15, all 9(b)(iii). All amounts payable by the Company hereunder shall be paid without notice (except as provided in Section 12) or demand. Each and every payment made hereunder by the Company shall be final, and the The Company will not seek to recover all or any part of any such payment from the Executive, Executive or from whomsoever may be entitled thereto, for any reason whatsoever, except as provided in Section 9(b)(iii).

Appears in 1 contract

Samples: Executive Employment Contract (Universal Foods Corp)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make makes the benefit benefits and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him the Executive or anyone elseany other Person. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the The Company will not seek to recover all or any part of such any payment made by the Company hereunder from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Abr Information Services Inc)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay provide the Executive the amounts and to make the benefit and other arrangements benefits provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else, except to the extent otherwise required by applicable law or stock exchange listing requirements. Except as provided in Section 156, all amounts payable benefits provided by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Employment Agreement (Pentair LTD)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period term of this Agreement to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company will not seek to recover all or any part of such payment from the Executive, Executive or from whomsoever whosoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Employment Agreement (Drug Emporium Inc)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or her or anyone else. Except as provided in Section 15, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to ​ ​ ​ recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Change in Control Employment and Severance Agreement (Mayville Engineering Company, Inc.)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period term of the Executive’s employment hereunder to pay the Executive the amounts compensation and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense defense, or other right which the Company may have against him or anyone else. Except , except as provided in Section 15, all 9(b)(iii). All amounts payable by the Company hereunder shall be paid without notice (except as provided in Section 11) or demand. Each and every payment made hereunder by the Company shall be final, and the The Company will not seek to recover all or any part of any such payment from the Executive, Executive or from whomsoever may be entitled thereto, for any reason whatsoever, except as provided in Section 9(b)(iii).

Appears in 1 contract

Samples: Executive Employment Contract (Sensient Technologies Corp)

Payment Obligations Absolute. The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein in this Agreement shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 1515 of this Agreement, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder under this Agreement by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever whoever may be entitled theretoto such payment, for any reason whatsoeverreason.

Appears in 1 contract

Samples: Change of Control Employment Agreement (Belden CDT Inc.)

Payment Obligations Absolute. The Company’s 's obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which that the Company may have against him the Executive or anyone else. Except as provided in Section 1514, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

Appears in 1 contract

Samples: Key Executive Employment and Severance Agreement (Oshkosh Truck Corp)

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