Common use of No right of set-off or counterclaim Clause in Contracts

No right of set-off or counterclaim. There shall be no right of set-off or ----------------------------------- counterclaim, in respect of any claim (other than a claim for violation of this Agreement), debt, or obligation against any payments to the Executive, his beneficiaries, or estates provided for in this Agreement.

Appears in 3 contracts

Samples: Executive Employment Agreement (First Reliance Bancshares Inc), Executive Employment Agreement (First Reliance Bancshares Inc), Executive Employment Agreement (First Reliance Bancshares Inc)

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No right of set-off or counterclaim. There shall be no right of set-off or ----------------------------------- counterclaim, in respect of any claim (other than a claim for violation of this Agreement), debt, or obligation against any payments to the ExecutiveXxxxxx, his beneficiaries, or estates estate provided for in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (First Reliance Bancshares Inc)

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