Common use of Payment Obligations Absolute Clause in Contracts

Payment Obligations Absolute. The Company’s obligation to pay Employee the amounts and to make the arrangements provided herein 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 the Company (including its subsidiaries) may have against him or anyone else. All amounts payable by the Company shall be paid without notice or demand. Employee shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Agreement.

Appears in 11 contracts

Samples: Employment Agreement (Cobalt International Energy, Inc.), Severance Agreement (Cobalt International Energy, Inc.), Severance Agreement (Cobalt International Energy, Inc.)

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Payment Obligations Absolute. The Company’s obligation to pay Employee make the amounts payments and to make the arrangements provided for herein shall be absolute and unconditional unconditional, and shall not be affected by any circumstances, including, without limitation, any set-offoffset, counterclaim, recoupment, defense defense, or other right which the Company (including its subsidiaries) may have against him the Executive or anyone else, except those arising under this Agreement. All amounts payable by the Company hereunder shall be paid without notice or demand. Employee The Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Agreement, except to the extent provided in Sections 2.3(b) hereof.

Appears in 6 contracts

Samples: Combination Agreement (Covalent Group Inc), Executive Severance Agreement (Covalent Group Inc), Executive Severance Agreement (Encorium Group Inc)

Payment Obligations Absolute. The Company’s obligation to pay Employee make the amounts payments and to make the arrangements provided for herein shall be absolute and unconditional unconditional, and shall not be affected by any circumstances, circumstances including, without limitation, any set-offoffset, counterclaim, recoupment, defense defense, or other right which the Company (including its subsidiaries) may have against him the Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Employee Each and every payment made hereunder by the Company shall be final. The Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of affect the Company’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Agreement.

Appears in 4 contracts

Samples: Control Severance Agreement (Woodward Governor Co), Severance Agreement (Woodward, Inc.), Severance Agreement (Woodward, Inc.)

Payment Obligations Absolute. The Except as specifically provided in this Agreement, the Company’s obligation to pay Employee the Executive the amounts and to make the arrangements provided herein 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 the Company (including its subsidiaries) may have against him or anyone else. All amounts payable by the Company shall be paid without notice or demand. Employee The Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Global Partners Lp), Employment Agreement (Global Partners LP), Employment Agreement (Global Partners Lp)

Payment Obligations Absolute. The Company’s obligation to pay Employee the amounts and to make the arrangements provided herein 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 the Company (including its Affiliates and subsidiaries) may have against him or anyone else. All amounts payable by the Company shall be paid without notice or demand. Employee shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Cobalt International Energy, Inc.), Employment Agreement (Cobalt International Energy, Inc.)

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Payment Obligations Absolute. The Company’s obligation to pay Employee Executive the amounts and to make the arrangements provided herein 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 the Company (including its subsidiaries) may have against him or anyone else. All amounts payable by the Company shall be paid without notice or demand. Employee Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make (or cause to be made) the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Kosmos Energy Ltd.)

Payment Obligations Absolute. The Company’s 's obligation to pay Employee the amounts and to make the payments and the arrangements provided for herein shall be absolute and unconditional unconditional, and shall not be affected by any circumstances, circumstances including, without limitation, any set-offoffset, counterclaim, recoupment, defense defense, or other right which the Company (including its subsidiaries) may have against him the Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Employee Each and every payment made hereunder by the Company shall be final. The Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of affect the Company’s 's obligations to make (or cause to be made) the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Change in Control Agreement (Woodward, Inc.)

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