Wage Claims. The parties intend that all obligations to pay compensation to Executive be obligations solely of the Company. Therefore, intending to be bound by this provision, Executive hereby waives any right to claim payment of amounts owed to him, now or in the future, from directors or officers of the Company in the event of the Company’s insolvency.
Appears in 5 contracts
Samples: Merger Agreement (Isco International Inc), Employment Agreement (Isco International Inc), Employment Agreement (Isco International Inc)