Common use of FULL PAYMENTS Clause in Contracts

FULL PAYMENTS. The Company's obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement. The Company agrees to pay, from time to time promptly upon invoice, to the full extent permitted by law, all legal fees and expenses which the Executive may reasonably incur as a result of any contest, question or controversy (regardless of the outcome thereof and whether or not litigation is involved) by the Company, the Executive or others over the validity or enforceability of, or liability under, any provision of this Agreement or any guarantee of performance thereof (including as a result of any contest by the Executive about the amount of any payment pursuant to Section 9 of this Agreement).

Appears in 2 contracts

Sources: Employment Agreement (Cordant Technologies Inc), Executive Employment Agreement (Cordant Technologies Inc)