Common use of Maximum Settlement Amount Clause in Contracts

Maximum Settlement Amount. Subject to the terms and conditions of this Agreement, the maximum amount, “Maximum Settlement Amount,” excluding payroll taxes, that Defendant is obligated to pay under this Settlement Agreement is One Million Three Hundred Seventy-Five Thousand Dollars ($1,375,000).

Maximum Settlement Amount. Subject to the terms and conditions of this Agreement, the maximum amount, “Maximum Settlement Amount,” , excluding payroll taxes, that Defendant is are obligated to pay under this Settlement Agreement is One Million Three Two Hundred Seventy-Five Thousand Dollars ($1,375,000200,000).