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Common use of Right of Set Clause in Contracts

Right of Set. OFF By accepting this Agreement, you consent to a deduction from any amounts the Company owes you from time to time, to the extent of the amounts you owe the Company under the paragraph above. If the Company does not recover by means of set-off the full amount you owe it, calculated as set forth above, you agree to pay immediately the unpaid balance to the Company upon the Company's demand.

Appears in 5 contracts

Samples: Employment Agreement (Critical Path Inc), Nonstatutory Stock Option Agreement (Critical Path Inc), Nonstatutory Stock Option Agreement (Critical Path Inc)

Right of Set. OFF By accepting this Agreement, you consent to a deduction from any amounts the Company owes you from time to time, ; to the extent of the amounts you owe the Company under the paragraph above. If the Company does not recover by means of set-off the full amount you owe it, calculated as set forth above, you agree to pay immediately the unpaid balance to the Company upon the Company's demand.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Critical Path Inc), Nonstatutory Stock Option Agreement (Critical Path Inc)