Common use of Satisfaction of Liabilities Clause in Contracts

Satisfaction of Liabilities. No amounts shall be payable by the Company to the Executive under this ARTICLE IV until the Executive executes a general release in a form reasonably acceptable to the Company. Upon the delivery of such executed general release to the Company and subject to the Company’s compliance with Section 4.4, the Company shall have no further liability of any kind or nature whatsoever to the Executive under this Agreement.

Appears in 11 contracts

Samples: Employment Agreement (Lindsay Corp), Employment Agreement (Lindsay Corp), Employment Agreement (Lindsay Corp)

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Satisfaction of Liabilities. No amounts shall be payable by the Company to the Executive under this ARTICLE IV Error! Reference source not found. until the Executive executes a general release in a form reasonably acceptable to the Company. Upon the delivery of such executed general release to the Company and subject to the Company’s compliance with Section 4.4, the Company shall have no further liability of any kind or nature whatsoever to the Executive relating to this Agreement under law or this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Lindsay Manufacturing Co)

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