Consideration for Agreement from Company Sample Clauses

Consideration for Agreement from Company. In return for this Agreement, and in full and final settlement, compromise, and release of any and all claims that Employee has or may have against the Released Parties (as defined below in Paragraph 3), including Company (as described in Paragraph 3 below), and provided that Employee complies with the obligations under this Agreement, Employer shall pay and provide Employee the payments and benefits described in Sections 9(a)(i)-(ii) of the Employment Agreement.
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Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), Company agrees to pay as severance to Employee the sum of Two Hundred Seventy Thousand Dollars and 00/100 Cents ($270,000.00), less applicable federal and state withholding and all other ordinary payroll deductions, to be paid in accordance with Company’s ordinary payroll practices over a period of approximately twelve months. These payments will begin on Company’s next regularly scheduled pay date following the expiration of the seven-day revocation period noted in 4.11, and only if Employee does not revoke this Agreement, and shall continue until paid in full (the “Severance Pay Period”). Employee hereby acknowledges the sufficiency of this payment from Company.
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Consideration for Agreement from Company. In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), Company agrees to provide the following consideration:
Sample 1
Consideration for Agreement from Company. In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 4 below), and for other valuable consideration described herein, Company agrees to provide the following consideration, provided, in each case, that relevant payments and/or benefits will be (i) only if the seven-day revocation period noted in Section 6.10 has passed and only if Employee does not revoke this Agreement; and (ii) subject to all applicable federal and state withholding and all other ordinary payroll deductions:
Sample 1
Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), Company agrees to pay as severance to Employee the following, in accordance with Section 9(d) of the Employment Agreement: the sum of Two Million Five Hundred Fifty Thousand Dollars and No Cents ($2,550,000.00), less applicable federal and state withholding and all other ordinary payroll deductions, to be paid in accordance with Company’s ordinary payroll practices over a period of approximately eighteen (18) months following expiration of the seven day revocation period noted in Section 4.11 (subject to delay as provided in the Employment Agreement), and only if Employee does not revoke this Agreement, and shall continue until paid in full (the “Severance Pay Period”). Employee hereby acknowledges the sufficiency of this payment from Company. Notwithstanding anything to the contrary herein, any amounts that could have been paid prior to the expiration of the aforementioned seven-day revocation period had this Agreement been executed immediately following the Employee’s Separation Date, shall be paid as soon as practicable following the actual expiration of the seven-day revocation period, consistent with Section 9(d)(v) of the Employment Agreement. In addition, because the 90-day period during which payments of severance must commence under the terms of Section 9(d)(v) of the Employment Agreement (if payable hereunder) begins and ends within the 2014 calendar year, no delay in payments is required under Section 9(d)(v) of the Employment Agreement, and, because all severance payments to be made during the period of six months following the Employee’s Separation Date are exempt from Code Section 409A, by reason of the short-term deferral and/or separation pay exemptions found in Treasury Regulation Section 1.409A-1(b)(4) and (9), respectively, no delay of any such severance payments shall be required by reason of the provisions of Section 18 of the Employment Agreement regarding payments to “specified employees.”
Sample 1
Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee's claims (as described in Section 3 below), Company agrees to pay as severance to Employee the following, in accordance with Section 9(d) of the Employment Agreement: the sum of __________________Dollars and ___________Cents ($ ), less applicable federal and state withholding and all other ordinary payroll deductions, to be paid in accordance with Company’s ordinary payroll practices over a period of approximately eighteen (18) months following expiration of the seven day revocation period noted in Section 4.11 (subject to delay as provided in the Employment Agreement), and only if Employee does not revoke this Agreement, and shall continue until paid in full (the “Severance Pay Period”). Employee hereby acknowledges the sufficiency of this payment from Company.
Sample 1
Consideration for Agreement from Company. 2.1 In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 4 below), CCOH agrees to pay as severance to Employee the total amount of of Two Million Five Hundred Forty-Seven Thousand Six Hundred Dollars and no/100 Cents ($2,547,600.00), (the “Severance Payment”), as follows:
Sample 1
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Consideration for Agreement from Company. (a) In return for this Agreement and in full and final settlement, compromise, and release of all of Employee’s claims (as described in Section 3 below), and provided Employee does not revoke this Agreement, Company agrees to pay as severance to Employee on the date that is 60 days after the Termination Date (the “Payment Date”) the sum of (i) $ (the “Severance Payment”) plus (ii) $ (the “Pro-Rata Bonus”). Both the Severance Payment and the Pro-Rata Bonus shall be subject to applicable federal and state withholding and all other ordinary payroll deductions. Employee hereby acknowledges the sufficiency of these payments from Company.1
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Consideration for Agreement from Company 
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Related to Consideration for Agreement from Company

  • Release from Contract An employee under contract shall be released from the obligations of the contract upon request under the following conditions:

  • NOTICE TO EMPLOYEES REGARDING THE FEDERAL EARNED INCOME CREDIT The Contractor shall notify its employees, and shall require each subcontractor to notify its employees, that they may be eligible for the Federal Earned Income Credit under the federal income tax laws. Such notice shall be provided in accordance with the requirements set forth in Internal Revenue Service Notice No. 1015.

  • Release of D&O Lock-up Period If the Representative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.24 hereof for an officer or director of the Company and provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit C hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

  • Transfer of Incentive Distribution Rights The General Partner or any other holder of Incentive Distribution Rights may transfer any or all of its Incentive Distribution Rights without the approval of any Limited Partner or any other Person.

  • Change in Control Agreement An Agreement Regarding Change in Control in effect between the Company (or the Surviving Entity) and the Employee, if any.

  • Revenue Sharing Agreement This Note is subject to the Company’s Revenue Sharing Agreement attached hereto as Exhibit B as if all the terms of the Revenue Sharing Agreement were set forth in this Note.

  • Separation Agreement and General Release The Company’s obligation to make the Severance Payment or to pay the Salary Continuation is conditioned on Executive’s or his legal representative’s executing a separation agreement and general release of claims related to or arising from Executive’s employment with the Company or the termination of employment, against the Company and its affiliates (and their respective officers and directors) in a form reasonably determined by the Company, which shall be provided by the Company to Executive within five (5) days following the Date of Termination; provided, that, if Executive should fail to execute (or revokes) such release within 60 days following the Date of Termination, the Company shall not have any obligation to provide the Severance Payment or the Salary Continuation. If Executive executes the release within such 60 day period and does not revoke the release within seven (7) days following the execution of the release, the Severance Payment will be made in accordance with Section 4(a)(ii) or the Salary Continuation shall commence at such time, as applicable.

  • ASSIGNMENT SEPARATE FROM CERTIFICATE FOR VALUE RECEIVED, I, _____________________, hereby sell, assign and transfer unto ( ) shares of the Common Stock of Heska Corporation, standing in my name on the books of said corporation represented by Certificate No. herewith and do hereby irrevocably constitute and appoint to transfer said stock on the books of the within-named corporation with full power of substitution in the premises. Dated: , 20 .

  • What Will Happen After We Receive Your Letter When we receive your letter, we must do two things:

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

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