Common use of Payment Authority Clause in Contracts

Payment Authority. Any officer of Employer (other than Executive) is authorized to issue and execute a check, initiate a wire transfer or otherwise effect payment on behalf of Employer to satisfy Employer’s obligations to pay all amounts due to Executive under this Agreement.

Appears in 2 contracts

Sources: Change of Control Agreement (Noble Energy Inc), Change of Control Agreement (Noble Energy Inc)

Payment Authority. Any officer of Employer (other than Executive) is authorized to issue and execute a check, initiate a wire transfer or otherwise effect payment on behalf of Employer to satisfy Employer’s 's obligations to pay all amounts due to Executive under this Agreement.

Appears in 2 contracts

Sources: Change of Control Agreement (Noble Affiliates Inc), Change of Control Agreement (Noble Affiliates Inc)

Payment Authority. Any officer of Employer (other than ExecutiveEmployee) is authorized to issue and execute a check, initiate a wire transfer or otherwise effect payment on behalf of Employer to satisfy Employer’s 's obligations to pay all amounts due to Executive Employee under this AgreementSection 10.

Appears in 2 contracts

Sources: Employment Agreement (Compusa Inc), Employment Agreement (Rocky Mountain Chocolate Factory Inc)

Payment Authority. Any officer of Employer (other than Executive) is authorized to issue and execute a check, initiate a wire transfer or otherwise effect payment on behalf of Employer to satisfy Employer’s obligations to pay all amounts due to Executive under this AgreementSection 9; provided, however, any such payment shall comply with applicable Employer policies on funds disbursement.

Appears in 1 contract

Sources: Executive Employment Agreement (Marvel Entertainment, Inc.)