Common use of The Companys Payment Obligation Clause in Contracts

The Companys Payment Obligation. a. The Company’s obligation to make the payments and the arrangements provided for herein shall be absolute and unconditional, and shall not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against Executive or anyone else. All amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company shall not seek to recover all or any part of such payment from Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 1 contract

Samples: Severance Agreement (Commerce Bancshares Inc /Mo/)

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The Companys Payment Obligation. a. Section i.The Company’s 's obligation to make the payments and the arrangements provided for herein shall will be absolute and unconditional, and shall will not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which that the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall will be paid without notice or demand. Each and every payment made hereunder by the Company shall will be final, and the Company shall will not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 1 contract

Samples: Severance Agreement (TechnipFMC PLC)

The Companys Payment Obligation. a. Section 5.1 The Company’s obligation to make the payments and the arrangements provided for herein shall will be absolute and unconditional, and shall will not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which that the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall will be paid without notice or demand. Each and every payment made hereunder by the Company shall will be final, and the Company shall will not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 1 contract

Samples: Executive Severance Agreement (TechnipFMC PLC)

The Companys Payment Obligation. a. Section 6.1 The Company’s 's obligation to make the payments and the arrangements provided for herein shall will be absolute and unconditional, and shall will not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall will be paid without notice or demand. Each and every payment made hereunder by the Company shall will be final, and the Company shall will not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 1 contract

Samples: Executive Severance Agreement (TechnipFMC PLC)

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The Companys Payment Obligation. a. 6.1 The Company’s 's obligation to make the payments and the arrangements provided for herein shall will be absolute and unconditional, and shall will not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall will be paid without notice or demand. Each and every payment made hereunder by the Company shall will be final, and the Company shall will not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 1 contract

Samples: Severance Agreement (FMC Technologies Inc)

The Companys Payment Obligation. a. The Company’s obligation to make the payments and the arrangements provided for herein shall will be absolute and unconditional, and shall will not be affected by any circumstances, including, without limitation, any offset, counterclaim, recoupment, defense, or other right which the Company may have against the Executive or anyone else. All amounts payable by the Company hereunder shall will be paid without notice or demand. Each and every payment made hereunder by the Company shall will be final, and the Company shall will not seek to recover all or any part of such payment from the Executive or from whomsoever may be entitled thereto, for any reasons whatsoever.

Appears in 1 contract

Samples: Severance Agreement (FMC Corp)

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