Common use of Source of Payment Clause in Contracts

Source of Payment. Any payments to Executive under this Agreement shall be paid from the Company’s general assets.

Appears in 11 contracts

Sources: Employment Agreement (Williams Industrial Services Group Inc.), Employment Agreement (Williams Industrial Services Group Inc.), Employment Agreement (Williams Industrial Services Group Inc.)

Source of Payment. Any payments to Executive under this Agreement Arrangement shall be paid from the Company’s general assets.

Appears in 1 contract

Sources: Severance Agreement (Global Power Equipment Group Inc.)