The Company's Obligations Under This Agreement Sample Clauses

The Company's Obligations Under This Agreement. Executive shall not be ---------------------------------------------- entitled to any of the benefits of Sections 1 and 2 if the Company terminates Executive's employment or if Executive resigns under circumstances other than as specifically set forth in Sections 1 and 2. The Benefits set forth in Sections 1 and 2 constitute the sole obligations of the Company to Executive upon any termination or resignation and are in lieu of any damages or other compensation that Executive may claim under other Company policies or otherwise, except for Executive's salary which has been earned up to the date of termination or resignation, compensation for any accrued and unused vacation up to the date of termination or resignation, reimbursement for business expenses incurred up to the date of termination or resignation (in accordance with the customary policies of the Company), and any benefits that the Company is required to provide to Executive after the date of termination or resignation under COBRA or pursuant to any ERISA plans of the Company. The benefits on termination or resignation provided in this Agreement are in substitution for any severance or termination benefits otherwise available under Company policies of general application. The benefits on termination or resignation provided in this Agreement shall not be reduced by any compensation or benefits received by Executive from any subsequent employer or any other third party.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
The Company's Obligations Under This Agreement. Employee shall not be ---------------------------------------------- entitled to any of the benefits of sections 1 and 2 if the Company terminated Employee's employment with Cause or if Employee resigns under circumstances other than as specifically set forth in sections 1 and 2. The Benefits set forth in sections 1 and 2 constitute the sole obligations of the Company to Employee upon any termination or resignation and are in lieu of any damages or other compensation that Employee may claim under other Company policies or otherwise except for Employee's salary which has been earned up the date of termination or resignation, compensation for any accrued and unused vacation up to the date of termination or resignation, reimbursement for business expenses incurred up to the date of termination or resignation (in accordance with the customary policies of the Company), and any benefits that the Company is required to provide to Employee after the date of termination or resignation under COBRA or pursuant to any ERISA plans of the Company. The benefits on termination or resignation provided in this Agreement are in substitution for any severance or termination benefits otherwise available under Company policies of general application. The benefits on termination or resignation provided in this Agreement shall not be reduced by any compensation or benefits received by Employee from any subsequent employer or any other third party.
Sample 1Sample 2See All (4)
The Company's Obligations Under This Agreement. The benefits set forth in this Section 4 constitute the sole obligations of the Company to Executive upon any termination or resignation and are in lieu of any damages or other compensation that Executive may claim under other Company policies or otherwise, except for the following: (i) Executive’s salary which has been earned up to the date of termination or resignation, (ii) compensation for any accrued and unused vacation up to the date of termination or resignation, (iii) reimbursement for business expenses incurred up to the date of termination or resignation (in accordance with the customary policies of the Company), and (iv) any benefits that the Company is required to provide to Executive after the date of termination or resignation under COBRA or pursuant to any ERISA plans of the Company. The benefits on termination or resignation provided in this Agreement are in substitution for any severance or termination benefits otherwise available under Company policies of general application.
Sample 1Sample 2Sample 3
The Company's Obligations Under This Agreement. The benefits set forth in this Section 4 constitute the sole obligations of the Company to Executive upon any termination or resignation and are in lieu of any damages or other compensation that Executive may claim under other Company policies or otherwise, except for the following: (i) Executive’s salary which has been earned up to the date of termination or resignation, (ii) compensation for any accrued and unused vacation up to the date of termination or resignation, (iii) reimbursement for business expenses incurred up to the date of termination or resignation (in accordance with the customary policies of the Company), (iv) any benefits that the Company is required to provide to Executive after the date of termination or resignation under COBRA or pursuant to any ERISA plans of the Company, and (v) legal fees and expenses incurred by Executive as a result of such termination of employment, not to exceed $5,000. The benefits on termination or resignation provided in this Agreement are in substitution for any severance or termination benefits otherwise available under Company policies of general application.
Sample 1Sample 2Sample 3
The Company's Obligations Under This Agreement. (a) From the date hereof until the termination of this Agreement, the Company shall:
Sample 1Sample 2
The Company's Obligations Under This Agreement. Executive shall ---------------------------------------------- not be entitled to any of the benefits of Section 1 if the Company terminates Executive's employment or if Executive resigns under circumstances other than as specifically set forth in Section 1. The Benefits set forth in Section 1 constitute the sole obligations of the Company to Executive upon any termination or resignation and are in lieu of any damages or other compensation that Executive may claim under other Company policies or otherwise, except for Executive's salary which has been carnal up to the date of termination or resignation, compensation for any accrued and unused vacation up to the date of termination or resignation, reimbursement for business expenses incurred up to the date of termination or resignation (in accordance with the customary policies of the Company), and any benefits that the Company is required to provide to Executive after the date of termination or resignation under COBRA or pursuant to any ERISA plans of the
Sample 1Sample 2
The Company's Obligations Under This Agreement. The benefits set forth in Paragraphs 1 and 2 constitute the sole obligations of the Company to Executive under this Agreement and are in lieu of any damages or other compensation that Executive may claim under other Company policies or otherwise, except for Executive's base salary which has been earned up to the Separation Date, compensation for any accrued and unused vacation up to the Separation Date, reimbursement for business expenses incurred up to the Separation Date (in accordance with the customary policies of the Company), and any benefits that the Company is required to provide to Executive after the Separation Date under COBRA or pursuant to any ERISA plan(s) of the Company. The benefits provided in this Agreement are in substitution for any severance or termination benefits otherwise available under Company policies of general application. The benefits provided in this Agreement shall not be reduced by any compensation or benefits received by Executive from any subsequent employer or any other third party.
Sample 1
AutoNDA by SimpleDocs
The Company's Obligations Under This Agreement. From the date hereof until the termination of this Agreement, the Company shall: (a) pay to the Consultant Compensation as specified above; (b) provide the Consultant full and complete access to inspect and appraise its assets and operating location and will disclose and make available to the Consultant or its representatives during regular business hours, all books, agreements, papers and records relating to the financial condition, ownership and operation of the Company as shall be reasonably requested; and (c) without the prior written consent of the Consultant, not disclose the work product of Consultant to any third party unless required by law.
Sample 1

Related to The Company's Obligations Under This Agreement

  • Termination of Company's Obligations This Indenture will be discharged, and will cease to be of further effect as to all Notes issued under this Indenture, when:

  • Termination of the Company’s Obligations The Company shall have no further obligations pursuant to this Agreement at such time as no Registrable Shares are outstanding, provided, however, that the Company’s obligations under Sections 3, 6 and 10 of this Agreement shall remain in full force and effect following such time.

  • Release Upon Termination of the Company’s Obligations In the event (i) that the Company delivers to the Trustee an Officer’s Certificate and Opinion of Counsel certifying that all the Obligations under this Indenture, the Notes, the Note Guarantees and the Security Documents have been satisfied and discharged by the payment in full of the Company’s obligations under the Notes, the Note Guarantees, this Indenture and the Security Documents, and all such Obligations have been so satisfied, or (ii) a discharge, Legal Defeasance or Covenant Defeasance of this Indenture occurs under Article 8 or 14, the Trustee at the written request of the Company shall deliver to the Company and the Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Collateral, and any rights it has under the Security Documents, and upon receipt by the Collateral Agent of such notice, the Collateral Agent shall be deemed not to hold a Lien in the Collateral on behalf of the Trustee, and the Trustee shall do or cause to be done, at the Company’s sole cost and expense, all acts reasonably necessary to release such Lien in favor of the Trustee as soon as is reasonably practicable.

  • Conditions of the Company’s Obligations at the Closing The obligations of the Company owed to the Purchaser to consummate the Closing under Section 1 of this Agreement, unless otherwise waived in writing by the Company, are subject to the fulfillment at or before the Closing of each of the following conditions:

  • CONDITIONS OF THE COMPANY'S OBLIGATION TO SELL The obligation hereunder of the Company to issue and sell the Securities to the Investor is further subject to the satisfaction, at or before each Closing Date, of each of the following conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

  • Conditions of the Company’s Obligations at Closing The obligations of the Company to each Purchaser under this Agreement are subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived:

  • CONDITIONS TO COMPANY’S OBLIGATIONS HEREUNDER The obligations of the Company to the Investor hereunder are subject to the satisfaction of each of the following conditions, provided that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion by providing the Investor with prior written notice thereof:

  • Conditions of the Company’s Obligations The obligations of the Company to the Purchaser under this Agreement are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

  • The Company’s Obligations The Company shall provide Employee with any and all necessary or appropriate current financial information and access to current information and records regarding all material transactions involving the Company and/or its subsidiaries and/or affiliates, including but not limited to acquisition of assets, personnel contracts, dispositions of assets, service agreements and registration statements or other state or federal filings or disclosures to carry out his duties and responsibilities hereunder. In addition, the Company agrees to provide Employee, as a condition to his services hereunder, such staff, equipment and office space as is reasonably necessary for Employee to perform his duties hereunder.

  • CONDITIONS TO COMPANY’S OBLIGATIONS AT THE CLOSING The Company’s obligation to complete the sale and issuance of the Securities and deliver Securities to each Purchaser, individually, as set forth in the Schedule of Purchasers at the Closing shall be subject to the following conditions to the extent not waived by the Company:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!