Common use of PAYMENTS TO INCOMPETENTS Clause in Contracts

PAYMENTS TO INCOMPETENTS. If Printpack shall determine that any person to whom any payment is to be made pursuant to this Agreement is unable to care for his affairs because of illness, incapacity, or accident, or is a minor, any payment due (unless a prior claim therefore shall have been made by a duly-appointed guardian, committee or other legal representative of such person) may be paid by Printpack to the spouse, a child, a parent, or a brother or sister, of such person, or to any person deemed by Printpack to have incurred expense for such person otherwise entitled to payment, in such manner and proportions as Printpack may determine. Any such payment shall be a complete discharge of Printpack's liabilities under this Agreement.

Appears in 4 contracts

Samples: Family Security Agreement (Printpack Inc), Family Security Agreement (Printpack Inc), Family Security Agreement (Printpack Inc)

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PAYMENTS TO INCOMPETENTS. If Printpack shall determine that any person to whom any payment is to be made pursuant to this Agreement is unable to care for his affairs because of illness, incapacity, or accident, or is a minor, any payment due (unless a prior claim therefore shall have been made by a duly-appointed guardian, committee or other legal representative of such person) may be paid by Printpack to the spouse, a child, a parent, or a brother or sister, of such person, or to any person deemed by Printpack to have incurred expense for such person otherwise entitled to payment, in such manner and proportions as Printpack may determine. Any such payment shall be a complete discharge of Printpack's the liabilities of Printpack under this Agreement.

Appears in 2 contracts

Samples: Deferred Income Agreement (Printpack Inc), Deferred Income Agreement (Printpack Inc)

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PAYMENTS TO INCOMPETENTS. If Printpack shall determine that any person to whom any payment is to be made pursuant to this Agreement is unable to care for his affairs because of illness, incapacity, or accident, or is a minor, any payment due (unless a prior claim therefore shall have been made by a duly-appointed guardian, committee or other legal representative of such person) may be paid by Printpack to the spouse, a child, a parent, parents or a brother or sister, sister of such person, or to any person deemed by Printpack to have incurred expense for such person otherwise entitled to payment, in such manner and proportions as Printpack may determine. Any such payment shall be a complete discharge of Printpack's the liabilities of Printpack under this Agreement.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Printpack Inc)

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