Common use of Compensation to Executive Clause in Contracts

Compensation to Executive. In consideration for the general release and for the covenants contained herein, the Company agrees to pay to Executive the following amounts, subject to the terms hereof. Except as set forth in this Agreement, Executive acknowledges that there is no other compensation, wages, salary, or other amounts due and owing to him from the Company:

Appears in 2 contracts

Samples: Euramax International PLC, Separation Agreement and General Release (Westpoint Stevens Inc)

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Compensation to Executive. In consideration for the general release and for the covenants contained herein, the Company agrees to pay to Executive Executive, the following amounts, subject to the terms hereof. Except as set forth in this Agreement, Executive acknowledges that there is no other compensation, wages, salary, or other amounts due and owing to him from the Company:

Appears in 1 contract

Samples: Separation Agreement and General Release (Westpoint Stevens Inc)

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Compensation to Executive. In consideration for the general release and for the covenants contained herein, the Company agrees to pay to Executive the following amounts, subject to the terms hereof. Except as Executive acknowledges that other than the obligations set forth in this AgreementAgreement and obligations, if any, that may arise for indemnification of Executive acknowledges that there is under Company's Certificate of Incorporation and Bylaws relating to his conduct as an officer of Company, Company shall have no other compensation, wages, salary, or other amounts due and owing financial obligations to him from the Company:Executive.

Appears in 1 contract

Samples: Separation Agreement and General Release (Westpoint Stevens Inc)

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