Common use of Payment Obligations Absolute Clause in Contracts

Payment Obligations Absolute. Company's obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4, and, except as provided in paragraph 4.7 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer) shall in no event effect any reduction of Company's obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4.

Appears in 16 contracts

Samples: Employment Agreement (Continental Airlines Inc /De/), Employment Agreement (Continental Airlines Inc /De/), Employment Agreement

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Payment Obligations Absolute. Company's ’s obligation to pay Executive Employee the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive Employee shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 4.4 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer, or otherwise) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 2 contracts

Samples: Employment Agreement (Expressjet Holdings Inc), Employment Agreement (Expressjet Holdings Inc)

Payment Obligations Absolute. Except as otherwise provided in the Agreement, Company's ’s obligation to pay Executive Employee the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive Employee shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 4.4 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer, or otherwise) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 2 contracts

Samples: Employment Agreement (Expressjet Holdings Inc), Employment Agreement (Expressjet Holdings Inc)

Payment Obligations Absolute. Company's obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer) shall in no event effect any reduction of Company's obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 2 contracts

Samples: Employment Agreement (Expressjet Holdings Inc), Employment Agreement (Expressjet Holdings Inc)

Payment Obligations Absolute. Company's ’s obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 4.4 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer, or otherwise) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 2 contracts

Samples: Employment Agreement (Expressjet Holdings Inc), Employment Agreement (Expressjet Holdings Inc)

Payment Obligations Absolute. Company's obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4, and, except as provided in paragraph 4.7 with respect to Continuation Coverage, and the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer) shall in no event effect any reduction of Company's obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4.

Appears in 1 contract

Samples: Employment Agreement (Turn Works Acquisition Iii Sub a Inc)

Payment Obligations Absolute. Company's obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-set off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4, and, except as provided in paragraph 4.7 4.8 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer) shall in no event effect any reduction of Company's obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4.

Appears in 1 contract

Samples: Employment Agreement (Continental Airlines Inc /De/)

Payment Obligations Absolute. Company's obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him Executive or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4, and, except as provided in paragraph 4.7 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer) shall in no event effect any reduction of Company's obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4.

Appears in 1 contract

Samples: Employment Agreement (Continental Airlines Inc /De/)

Payment Obligations Absolute. Company's obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4, and, except as provided in paragraph 4.7 4.10 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer) shall in no event effect any reduction of Company's obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4.

Appears in 1 contract

Samples: Employment Agreement (Monday LTD)

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Payment Obligations Absolute. Except as otherwise provided in this Agreement, Company's ’s obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 1 contract

Samples: Employment Agreement (Expressjet Holdings Inc)

Payment Obligations Absolute. Except as otherwise provided in this Agreement, Company's ’s obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 shall Vshall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4V, and, except as provided in paragraph 4.7 5.4 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer, or otherwise) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4.V.

Appears in 1 contract

Samples: Employment Agreement (Expressjet Holdings Inc)

Payment Obligations Absolute. Company's ’s obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 5.4 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer, or otherwise) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 1 contract

Samples: Amended And (Expressjet Holdings Inc)

Payment Obligations Absolute. Except as otherwise provided in this Agreement, Company's ’s obligation to pay Executive Employee the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him her or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive Employee shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 4.4 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer, or otherwise) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 1 contract

Samples: Employment Agreement (Expressjet Holdings Inc)

Payment Obligations Absolute. Except as otherwise provided in the Agreement, Company's ’s obligation to pay Executive the amounts and to make the arrangements provided in this Article 4 IV shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which Company (including its subsidiaries and affiliates) may have against him or anyone else. All amounts payable by Company shall be paid without notice or demand. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Article 4IV, and, except as provided in paragraph 4.7 4.4 with respect to Continuation Coverage, the obtaining of any such other employment (or the engagement in any endeavor as an independent contractor, sole proprietor, partner, or joint venturer, or otherwise) shall in no event effect any reduction of Company's ’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Article 4IV.

Appears in 1 contract

Samples: Employment Agreement (Expressjet Holdings Inc)

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