Common use of Complete Payment Clause in Contracts

Complete Payment. The Executive agrees to accept the payments to be made to him under this Agreement as full and complete compensation for the services required to be performed by him under this Agreement. Upon the payment of the amounts provided in this Agreement, the Corporation shall have no further liability of any kind or nature whatsoever to the Executive under this Agreement, except such liability, if any, as may continue under any plan or for the benefits (in accordance with the express terms hereof) referred to in Sections 1(c)(ii) and 2(c) hereof. Notwithstanding the foregoing, Executive expressly reserves any rights he may have at law, equity or otherwise in the event that his employment or his consulting engagement by the Corporation is terminated in contravention of this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Shorewood Packaging Corp), Employment Agreement (Shorewood Packaging Corp), Employment Agreement (Shorewood Packaging Corp)

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