Common use of Complete Satisfaction Clause in Contracts

Complete Satisfaction. In consideration of the payment of the Cash Settlement, the Executive, P▇▇▇▇ and Town Square Bank hereby agree that the full payment of the Cash Settlement, as determined in accordance Section 2.1 and the obligations of Section 2.2, shall be in complete satisfaction of all rights to payments due to Executive under the Prior Agreement.

Appears in 2 contracts

Sources: Settlement Agreement (Poage Bankshares, Inc.), Settlement Agreement (Poage Bankshares, Inc.)

Complete Satisfaction. In consideration of the payment of the Cash Settlement, the Executive, P▇▇▇▇ and Town Square Bank hereby agree that the full payment of the Cash Settlement, as determined in accordance Section 2.1 and the obligations of Section 2.22.1, shall be in complete satisfaction of all rights to payments due to Executive under the Prior Agreement.

Appears in 1 contract

Sources: Settlement Agreement (Poage Bankshares, Inc.)