Right of Offset. Notwithstanding any other provision of the Plan or the Agreement, the Corporation may reduce the amount of any payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation that is or becomes due and payable and the Participant shall be deemed to have consented to such reduction.
Appears in 15 contracts
Samples: Stock Option Award Agreement (Alynx, Co.), Nonqualified Stock Option Agreement (Targacept Inc), Stock Incentive Plan (Alynx, Co.)
Right of Offset. Notwithstanding any other provision of the Plan or the Agreement, the Corporation may reduce the amount of any payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation that is or becomes due and payable Corporation, and the Participant shall be deemed to have consented to such reduction.
Appears in 5 contracts
Samples: Restricted Stock Unit Agreement (Chanticleer Holdings, Inc.), 2014 Stock Incentive Plan (Chanticleer Holdings, Inc.), Stock Option Agreement (Pokertek Inc)
Right of Offset. Notwithstanding any other provision of the Plan or the Agreement, the Corporation may reduce the amount of any payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation that is or becomes then due and payable and the Participant shall be deemed to have consented to such reduction.
Appears in 4 contracts
Samples: Nonqualified Stock Option Agreement (Targacept Inc), Nonqualified Stock Option Agreement (Targacept Inc), Restricted Stock Award Agreement (Targacept Inc)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation or an Affiliate that is or becomes due and payable and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.
Appears in 4 contracts
Samples: Stock Option Agreement (ECPM Holdings, LLC), Stock Option Agreement (ECPM Holdings, LLC), 2007 Stock Incentive Plan (ECPM Holdings, LLC)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Corporation that is or becomes due and payable payable, and the Participant shall be deemed to have consented to such reduction.
Appears in 4 contracts
Samples: Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Xenith Bankshares, Inc.
Right of Offset. Notwithstanding any other provision of the Plan or the Agreement, the Corporation may reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Corporation that is or becomes due and payable and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.), Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.), Restricted Stock Award Agreement (Atlantic Capital Bancshares, Inc.)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Corporation or an Affiliate that is or becomes due and payable and the Participant shall be deemed to have consented to such reductionpayable.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Pokertek, Inc.), Restricted Stock Award Agreement (Pokertek Inc)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may at any time (subject to any Code Section 409A considerations), reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Corporation or an Affiliate that is or becomes due and payable payable, and the Participant shall be deemed to have consented to such reduction.
Appears in 2 contracts
Samples: 2016 Stock Incentive Plan (GeoVax Labs, Inc.), Nonqualified Stock Option Agreement (GeoVax Labs, Inc.)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may reduce the amount of any payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation that is or becomes then due and payable and the Participant shall be deemed to have consented to such reduction.
Appears in 2 contracts
Samples: Agreement (BigString CORP), Agreement (BigString CORP)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Corporation or an Affiliate that is or becomes due and payable payable. [Signatures of the Corporation and the Participant shall be deemed to have consented to such reductionfollow on Schedule A/Grant Notice.] POKERTEK, INC. 2007 STOCK INCENTIVE PLAN Director Nonqualified Stock Option Agreement
Appears in 1 contract
Samples: Stock Incentive Plan (Pokertek Inc)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may reduce the amount of any payment otherwise payable distributable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation or an Affiliate that is or becomes due and payable and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.
Appears in 1 contract
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may (subject to any Code Section 409A considerations) reduce the amount of any payment otherwise payable distributable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation or an Affiliate that is or becomes due and payable and payable, and, by entering into this Agreement, the Participant shall be deemed to have consented to such reduction.
Appears in 1 contract
Samples: Agreement (Acorn Energy, Inc.)
Right of Offset. Notwithstanding any other provision of the Plan or the this Agreement, the Corporation may reduce the amount of any payment or benefit otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to or on behalf of the Corporation or an Affiliate that is or becomes due and payable payable. [Signatures of the Corporation and the Participant shall be deemed to have consented to such reductionfollow on Schedule A/Grant Notice.] POKERTEK, INC. 2007 STOCK INCENTIVE PLAN Independent Contractor Nonqualified Stock Option Agreement
Appears in 1 contract
Right of Offset. Notwithstanding any other provision of the Plan or the Agreement, the Corporation may (subject to any Code Section 409A considerations) reduce the amount of any payment otherwise payable to or on behalf of the Participant by the amount of any obligation of the Participant to the Corporation that is or becomes due and payable and the Participant shall be deemed to have consented to such reduction.
Appears in 1 contract
