Common use of No Right of Offset Clause in Contracts

No Right of Offset. Effective upon the occurrence of a Change in Control, the Company waives, and will not assert, any right to set off the amount of any claims, liabilities, damages or losses the Company may have against any amounts payable by the Company to the Executive whether under this Agreement or otherwise.

Appears in 4 contracts

Samples: Severance Benefit Agreement (Leggett & Platt Inc), Severance Benefit Agreement (Leggett & Platt Inc), Severance Benefit Agreement (Leggett & Platt Inc)

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No Right of Offset. Effective upon the occurrence of a Change in ------------------ Control, the Company waives, and will not assert, any right to set off the amount of any claims, liabilities, damages or losses the Company may have against any amounts payable by the Company to the Executive whether under this Agreement or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Leggett & Platt Inc)

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