Settlement of Amounts Due. You agree that the payments and benefits mentioned in this Letter Agreement (along with payments/benefits previously provided to you by Xxxxxx.xxx) are the only payments and benefits you will receive in connection with your employment and its termination, and that they completely satisfy all liabilities of Xxxxxx.xxx to you arising prior to the date of this Letter Agreement, and you agree that you are not owed any amounts for salary, wages, commissions, bonuses, or vacation pay.
Settlement of Amounts Due. The Employee accepts the Benefits set forth in the Agreement, together with any payments and benefits previously provided by the Company to him, as full, complete and unconditional payment, settlement, accord and/or satisfaction of any and all obligations and liabilities of the Released Parties to the Employee, and with respect to all Claims that could be asserted by the Employee against the Released Parties arising out of the Employee's employment and/or other relationship with the Company, its subsidiaries and/or affiliates, or any change in and/or cessation of such employment or relationship, including, without limitation, any and all Claims for wages, salary, vacation pay, compensation, draws, incentive pay, bonuses, stock, stock options, deferred compensation, commissions, severance pay, attorney's fees, ownership or equity interests in the Company, exemplary damages or other benefits, costs or sums.
Settlement of Amounts Due. You agree that the payments and benefits mentioned in this Letter Agreement are the only payments and benefits you will receive in connection with the termination of your employment following the closing of the Transaction.
Settlement of Amounts Due. 1. Invoice or VAT invoice shall be the document evidencing the settlement of amounts due between the Parties.
2. Unless the Agreement states otherwise, all invoices or VAT invoices of the Seller should be paid in full by the Buyer by wire transfer to the bank account indicated on the invoice or VAT invoice.
3. All claims (amounts due) of the Buyer against the Seller, resulting from any reason, especially claims resulting from the Agreement, shall not be deducted from the amounts due to the Seller as payment of price for the Goods and shall not entitle to delay or refusal to pay for the Goods.
4. In the event of settlements of amounts due with foreign entities, the Seller shall cover only the banking costs that arose within the territory of its own country.
5. The payment date specified in the Agreement shall be reserved for the benefit if the Seller, meaning, that it shall be met if, prior to the lapse thereof, the amount due to the Seller as payment of price for the Goods is credited to the Seller’s account.
6. Untimely payment, regardless of the right to charge interest, may constitute grounds for the Seller to withhold further deliveries for so long as the Buyer is in arrears. In the event of delay in payment, the Seller may additionally demand compensation for the loss suffered as a result thereof.
7. The Seller may, at its own discretion, grant the Buyer a credit limit, up to which, the Buyer may purchase Goods with deferred payment date. At the Buyer’s request, the Seller shall inform the Buyer of the current balance of its credit limit. The Seller may condition granting the aforementioned limit to the Buyer upon the fulfilment of specified requirements, especially upon the establishment of specified collateral.
8. In the event of exceeding or annulment of the credit limit referred to in Article 5.7, the Seller shall have the right to: i) withhold further deliveries, ii) refuse to deliver the Goods, iii) fulfil the order only in part if the fulfilment of the order in full would result in exceeding the agreed credit limit, iv) terminate the Agreement with the effect as of the day of submitting a written notice to the Buyer. The Seller shall be entitled to exercise the aforementioned rights also when the Buyer is in arrears with the payment for the Goods for more than 7 days. The Seller may exercise the aforementioned rights and additionally request immediate repayment of the limit already used, regardless of its due date, when there are justified conc...
Settlement of Amounts Due. Except for the Company's obligations under the surviving provisions of the Employment Agreement as set forth in Section 14(k) thereof or the Stock Option Agreement granted April 15, 2004 and any stock option agreement by and between Employee and Company dated after April 15, 2004, Employee accepts the Severance set forth in the Employment Agreement, together with any payments and benefits previously provided by the Company to him, as full, complete and unconditional payment, settlement, accord and/or satisfaction of any and all obligations and liabilities of the Released Parties to Employee, and with respect to all Claims that could be asserted by Employee against the Released Parties arising out of Employee's employment and/or other relationship with the Company, its subsidiaries and/or affiliates, or any change in and/or cessation of such employment or relationship, including, without limitation, any and all Claims for wages, salary, vacation pay, compensation, draws, incentive pay, bonuses, stock, stock options, deferred compensation, commissions, severance pay, attorney's fees, ownership or equity interests in the Company, exemplary damages or other benefits, costs or sums.
Settlement of Amounts Due. Employee acknowledges and agrees that the amounts set forth in Section 1 constitute complete and unconditional payment, settlement, accord and/or satisfaction for any and all obligations and liabilities of the Company and its subsidiaries and affiliates to Employee, and with respect to all claims, causes of action and damages that could be asserted by Employee against the Company and its subsidiaries and affiliates arising out of Employee’s employment with, change in employment status with and termination of employment from the Company, including, without limitation, any and all claims for wages, salary, vacation pay, compensation, draws, incentive pay, bonuses, stock and stock options, deferred compensation, restricted stock, commissions, reimbursement of expenses, severance pay, notice pay, salary continuation pay, attorney’s fees, ownership or equity in the Company, exemplary damages or other benefits, costs or sums.
Settlement of Amounts Due. You agree that the amounts set forth above in Sections 1 and 2, together with any amounts previously provided to You by the Releasees, shall be complete and unconditional payment, settlement, satisfaction and accord with respect to all obligations and liabilities of the Releasees to You arising out of your employment, or the cessation of said employment with OMTOOL, whether financial or otherwise, including, without limitation, any and all claims for back wages, salary, draws, commissions, bonuses, vacation pay, compensation, severance pay, attorney’s fees, compensatory damages, exemplary damages, or other cost or sums. You will have until October 31, 2003 to submit business expenses related to your employment with OMTOOL for approval and reimbursement.
Settlement of Amounts Due. Mr. Xxxx xxxepts the consideration provided for in this Agreement and Release as full, complete and unconditional payment, settlement, satisfaction and/or accord with respect to the sale of his securities and any and all obligations and liabilities of the Releasees to the Releasor, and with respect to all claims that could be asserted by Releasor against the Releasees, including, without limitation, all potential claims for wages, salary, commissions, bonuses, draws, incentive pay, deferred compensation, stock and/or stock options, severance pay, vacation pay, attorneys' fees, compensatory damages, exemplary damages, payment(s), expenses and/or other compensation or benefits of any kind.
Settlement of Amounts Due. You agree that the payments and benefits mentioned in this Letter Agreement (along with payments/benefits previously provided to you by Xxxxxx.xxx) are the only payments and benefits you will receive in connection with your employment and its termination, and that they completely satisfy all liabilities of Xxxxxx.xxx to you arising prior to the date of this Letter Agreement, except for the Company’s obligation to pay you for any shares of common stock that were purchased by you upon the exercise of unvested stock options and which have not vested as of the Termination Date should the Company elect to exercise its repurchase option under your applicable stock option agreements.
Settlement of Amounts Due. The amounts set forth in Sections 1 and 2 shall be complete and unconditional payment, settlement, accord and satisfaction with respect to all obligations and liabilities of the Company to you, including, without limitation, all claims for wages, salary, bonuses, vacation pay, capital stock of the Company or rights to acquire capital stock or other securities of the Company, severance pay, retention pay, or any other benefits, costs or sums.
