Common use of Withholding Funds Clause in Contracts

Withholding Funds. In the event that the Employee shall owe an obligation of any type whatsoever to SRA at any time during or after the termination of employment hereunder, then, subject to any mandatory provisions of law, the Employee expressly authorizes SRA to withhold or deduct an amount equal to said obligation from any wages due to the Employee back from SRA or any amounts due hereunder. For purposes of this provision, wages shall mean any remuneration, compensation, bonus, commission, and/or fringe benefit provided in return for services provided by the Employee.

Appears in 8 contracts

Samples: Severance Agreement (SRA Companies, Inc.), Severance Agreement (SRA Companies, Inc.), Severance Agreement (SRA Companies, Inc.)

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Withholding Funds. In the event that the Employee shall owe an obligation of any type whatsoever to SRA at any time during or after the termination of employment hereunder, then, subject to any mandatory provisions of law, the Employee expressly authorizes SRA to withhold or deduct an amount equal to said obligation from any wages due to the Employee back from SRA or any amounts due hereunderSRA. For purposes of this provision, wages shall mean any remuneration, compensation, bonus, commission, and/or fringe benefit provided in return for services provided by the Employee.

Appears in 2 contracts

Samples: Employment Agreement (Sra International Inc), Employment Agreement (Sra International Inc)

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