Common use of Payment Obligations Absolute Clause in Contracts

Payment Obligations Absolute. The Company’s obligation to make the payments and provide the benefits provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 11 contracts

Samples: Agreement (Jo-Ann Stores Inc), Agreement (Jo-Ann Stores Inc), Agreement (Jo-Ann Stores Inc)

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Payment Obligations Absolute. The Company’s 's obligation to pay the Employee the compensation and to make the payments and provide the benefits arrangements provided for herein shall be absolute and unconditional, unconditional and shall not be affected by any circumstances, including, without limitation, any offsetset-off, counterclaim, recoupment, defense, defense or other right which that the Company may have against Executive him or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company shall will not seek to recover all or any part of such payment from Executive the Employee or from whomsoever whosoever may be entitled thereto, for any reasons reason whatsoever.

Appears in 6 contracts

Samples: Severance Agreement (New York State Electric & Gas Corp), Severance Agreement (Rochester Gas & Electric Corp), Severance Agreement (Rochester Gas & Electric Corp)

Payment Obligations Absolute. The Company’s Company 's obligation to pay the Employee the compensation and to make the payments and provide the benefits arrangements provided for herein shall be absolute and unconditional, unconditional and shall not be affected by any circumstances, including, without limitation, any offsetset-off, counterclaim, recoupment, defense, defense or other right which that the Company may have against Executive him or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company shall will not seek to recover all or any part of such payment from Executive the Employee or from whomsoever whosoever may be entitled thereto, for any reasons reason whatsoever.

Appears in 4 contracts

Samples: Corporation Severance Agreement (Rochester Gas & Electric Corp), Severance Agreement (Rochester Gas & Electric Corp), Severance Agreement (Rochester Gas & Electric Corp)

Payment Obligations Absolute. The Company’s 's obligation to make the payments and provide the benefits arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against Executive the Employee or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demandany other party. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from Executive the Employee or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 3 contracts

Samples: Employment Agreement (Weirton Steel Corp), Employment Agreement (Weirton Steel Corp), Employment Agreement (Allegheny Technologies Inc)

Payment Obligations Absolute. The Company’s 's obligation to make ---------------------------- the payments and provide the benefits arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demandany other party. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 2 contracts

Samples: Employment Agreement (World Wrestling Federation Entertainment Inc), Employment Agreement (World Wrestling Federation Entertainment Inc)

Payment Obligations Absolute. The Company’s 's obligation to make the payments and provide the benefits provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 2 contracts

Samples: Employment Agreement (Jo-Ann Stores Inc), Employment Agreement (Jo-Ann Stores Inc)

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Payment Obligations Absolute. The Company’s obligation to make the payments and provide the benefits arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demandany other party. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 2 contracts

Samples: Employment Agreement (Axcelis Technologies Inc), Employment Agreement (Axcelis Technologies Inc)

Payment Obligations Absolute. The Company’s Company 's obligation to pay the Employee the compensation and to make the payments and provide the benefits arrangements provided for herein shall be absolute and unconditional, unconditional and shall not be affected by any circumstances, including, without limitation, any offsetset-off, counterclaim, recoupment, defense, defense or other right which that the Company may have against Executive him or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, final and the Company shall will not seek to recover all or any part of such payment from Executive the Employee or from whomsoever whosoever may be entitled thereto, for any reasons whatsoeverreason whatsoever .

Appears in 1 contract

Samples: Severance Agreement (Rochester Gas & Electric Corp)

Payment Obligations Absolute. The Company’s 's obligation to make the payments and provide the benefits arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demandany other party. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 1 contract

Samples: Employment Agreement (Axcelis Technologies Inc)

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