Common use of Compensation Paid Clause in Contracts

Compensation Paid. Executive represents, warrants, and agrees that all forms of compensation and other monies, including paychecks, paid to Executive by the Company to date have been accurately calculated, have represented the proper amounts due to Executive, and have been based on the Company’s merit‐based compensation system. The consideration set forth in paragraphs 3 and 4 of this Agreement is consideration for the complete release and the Effective Final Release and is in excess of what Executive is entitled to receive. If Executive or someone on Executive’s behalf claims any entitlement to further compensation from the Company, Executive agrees that the Company is entitled to full offset of the amounts set forth in this Agreement.

Appears in 3 contracts

Samples: Retirement Agreement (Blue Bird Corp), Retirement Agreement (Blue Bird Corp), Consulting Agreement (Blue Bird Corp)

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Compensation Paid. Executive represents, warrants, and agrees that all forms of compensation and other monies, including paychecks, paid to Executive by the Company SecureWorks to date have been accurately calculated, have represented the proper amounts due to Executive, and have been based on the Company’s merit‐based SecureWorks' merit-based compensation system. The consideration set forth in paragraphs paragraph 3 and 4 of this Agreement is consideration for the complete release and the Effective Final Release and is in excess of what Executive is entitled to receive. If Executive or someone on Executive’s behalf claims any entitlement to further compensation from the CompanySecureWorks, Executive agrees that the Company SecureWorks is entitled to full offset of the amounts set forth in this Agreement.

Appears in 2 contracts

Samples: Separation Agreement and Release (SecureWorks Corp), Separation Agreement and Release (SecureWorks Corp)

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Compensation Paid. Executive represents, warrants, and agrees that all forms of compensation and other monies, including paychecks, paid to Executive by the Company to date have been accurately calculated, have represented the proper amounts due to Executive, Executive and have been based on the Company’s merit‐based compensation system. The consideration Certain of the payments and benefits set forth in paragraphs Paragraphs 3 and 4 of this Agreement is consideration for the complete release and the Effective Final General Release and is in excess of what Executive is entitled to receive. If Executive or someone on Executive’s behalf claims any entitlement to further compensation from the Company, Executive agrees that the Company is entitled to full offset of the amounts set forth in this Agreement.

Appears in 1 contract

Samples: Retirement Agreement (Atrion Corp)

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