No Further Obligations of the Company Sample Clauses

No Further Obligations of the Company. Except as expressly provided in this Section 4, following the termination of the Executive’s employment with the Company, the Company will have no further obligation or liability to the Executive or the Executive’s heirs, administrators or executors with respect to compensation, severance, bonus or any other benefits.
Sample 1
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No Further Obligations of the Company. Executive acknowledges that the Severance Payment and other consideration is provided to him in full and complete satisfaction and discharge of any and all obligations that the Company and/or any Released Party has or may have to him and that that he has been paid all the wages, bonuses and benefits that are due to him. Notwithsatanding the foregoing, Executive shall continue to enjoy rights to indemnifiaction as set forth in Article VIII of the Company’s Amended and Restated Bylaws.
Sample 1
No Further Obligations of the Company. Executive acknowledges that the Severance Payment and other consideration is provided to him in full and complete satisfaction and discharge of any and all obligations that the Company and/or any Released Party has or may have to him on or before the date hereof, other than obligations arising after the date of this Release Agreement under the express terms of the Retention Agreement and the Consulting Agreement, and that that he has been paid all the wages, bonuses and benefits that are due to him. Notwithstanding the foregoing, Executive shall continue to enjoy rights to indemnification as set forth in Article VIII of the Company's Amended and Restated Bylaws and the Indemnification Agreements dated as of November between the Executive and the Company and between the Executive and certain wholly owned subsidiaries of the Company.
Sample 1
No Further Obligations of the Company. The payments and other consideration and benefits to Willxxxx xxx forth in this Severance Agreement shall be in lieu, and in complete discharge, of all obligations owed by the Company to Willxxxx. Xxthout limiting the generality of the foregoing, Willxxxx xxxll have no right to receive any payments or benefits from or on behalf of the Company on account of automobiles, health, disability or life insurance or other items. Willxxxx xxxnowledges he is not entitled to coverage under COBRA, as he has not previously maintained health insurance through the Company. Nothing herein shall affect Willxxxx'x xxxhts with respect to his interests in the Company's 401(k) Plan.
Sample 1
No Further Obligations of the Company. Executive acknowledges that the consideration provided to him under this Agreement is provided to him in full and complete satisfaction and discharge of any and all obligations that the Company and/or any Company Released Party has or may have to him on or before the date hereof, other than obligations arising after the date of this Agreement under the express terms of this Agreement, and that, upon receipt of the payment called for under paragraph 7, he will have been paid all the wages, bonuses and benefits that are due to him. Notwithstanding the foregoing, Executive shall continue to enjoy rights to indemnification as set forth in Article VIII of the Company’s Amended and Restated Bylaws and any standard form Indemnification Agreement between the Executive and the Company with respect to his service as an officer of the Company.
Sample 1

Related to No Further Obligations of the Company

  • No Further Obligations Except as expressly provided above or as otherwise required by law, the Company will have no obligations to Employee in the event of the termination of this Agreement for any reason.

  • No Further Obligation Except for the obligation to make the Capital Contribution required to be made by Section 4.1, the Member shall not have any obligation to provide funds to the Company, whether by Capital Contributions, loans, return of monies received pursuant to the terms of this Agreement or otherwise.

  • 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.

  • Further Obligations of the Company Whenever the Company is required hereunder to register any Registrable Securities, it agrees that it shall also do the following:

  • 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:

  • 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:

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

  • No Further Liability The liability of the Company, its Affiliates and its Subsidiaries under this Agreement is limited to the obligations set forth herein and no terms or provisions of this Agreement shall be construed to impose any liability on the Company, its Affiliates, its Subsidiaries or the Committee in favor of any person or entity with respect to any loss, cost, tax or expense which the person or entity may incur in connection with or arising from any transaction related to this Agreement.

  • Obligations of the Company Upon Termination (a) Termination by the Company for Cause or by the Executive other than for Good Reason. If, during the Employment Period, or any Additional Employment Period, the Executive’s employment with the Company is terminated by the Company for Cause or by the Executive other than for Good Reason (and not due to death or Disability), the Company shall have no further payment obligations to the Executive or his legal representatives under this Agreement, other than for:

  • Obligation of the Company In connection with the registration of the Registrable Securities, the Company shall do each of the following:

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