Common use of Provisions Independent Clause in Contracts

Provisions Independent. The covenants on the part of the Participant in this Paragraph C shall be construed as an agreement independent of any other agreement, including any employee benefit agreement, and independent of any other provision of this Agreement, and the existence of any claim or cause of action of the Participant against the Company, whether predicated upon this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of such covenants.

Appears in 21 contracts

Samples: Terms and Conditions (Pepsico Inc), Terms and Conditions (Pepsico Inc), Performance Stock (Pepsico Inc)

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Provisions Independent. The covenants on the part of the Participant in this Paragraph C Section B shall be construed as an agreement independent of any other agreement, including any employee benefit agreement, and independent of any other provision of this Agreement, and the existence of any claim or cause of action of the Participant against the Company, whether predicated upon this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of such covenants.

Appears in 4 contracts

Samples: Stock Option Award Agreement (Osiris Therapeutics, Inc.), Employment Agreement (Sucampo Pharmaceuticals, Inc.), Stock Option Agreement Terms and Conditions (Sucampo Pharmaceuticals, Inc.)

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Provisions Independent. The covenants on the part of the Participant in this Paragraph C B shall be construed as an agreement independent of any other agreement, including any employee benefit agreement, and independent of any other provision of this Agreement, and the existence of any claim or cause of action of the Participant against the Company, whether predicated upon this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of such covenants.

Appears in 3 contracts

Samples: Pepsico Restricted Stock (Pepsico Inc), Pepsico Stock Option Retention Award (Pepsico Inc), Pepsico Pro (Pepsico Inc)

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