[step:Define $\Theta_x(f)$ as a Banach-algebra-valued contour integral and verify well-definedness]
For each $f \in \mathcal{O}(U)$, the function
\begin{align*}
F_f : U \setminus \sigma_A(x) &\to A \\
\zeta &\mapsto f(\zeta)\,(\zeta \cdot 1 - x)^{-1}
\end{align*}
is well-defined: for $\zeta \in U \setminus \sigma_A(x)$, $\zeta \notin \sigma_A(x)$ means $\zeta \cdot 1 - x \in G(A)$, so the resolvent $(\zeta \cdot 1 - x)^{-1} \in A$ exists. The map $\zeta \mapsto (\zeta \cdot 1 - x)^{-1}$ is holomorphic on $\rho_A(x) = \mathbb{C} \setminus \sigma_A(x)$ as an $A$-valued function: differentiability follows from the **resolvent equation**
\begin{align*}
(\zeta \cdot 1 - x)^{-1} - (\eta \cdot 1 - x)^{-1} = (\eta - \zeta)\,(\zeta \cdot 1 - x)^{-1}(\eta \cdot 1 - x)^{-1},
\end{align*}
which gives $\frac{d}{d\zeta}(\zeta \cdot 1 - x)^{-1} = -(\zeta \cdot 1 - x)^{-2}$. Multiplying by the scalar holomorphic $f$ keeps $F_f$ holomorphic on $U \setminus \sigma_A(x)$, hence continuous on the image of $\gamma$.
Define
\begin{align*}
\Theta_x(f) := \frac{1}{2\pi i} \oint_\gamma f(\zeta)(\zeta \cdot 1 - x)^{-1}\, d\zeta \in A,
\end{align*}
where the integral is the Banach-space-valued contour integral (a Bochner integral against arc-length, well-defined since $F_f$ is continuous on the compact image of $\gamma$).
Independence from the choice of admissible contour: if $\gamma, \gamma'$ are two admissible contours for $(x, U)$, then their formal difference $\gamma - \gamma'$ is a cycle in $U \setminus \sigma_A(x)$ (closed: each individual contour is closed), and $n(\gamma - \gamma', \lambda) = n(\gamma, \lambda) - n(\gamma', \lambda) = 0$ for $\lambda \in \mathbb{C} \setminus (U \setminus \sigma_A(x))$ — at points of $\sigma_A(x)$ both equal $1$, and at points of $\mathbb{C} \setminus U$ both equal $0$. By the **Cauchy theorem for cycles homologous to zero in an open set** applied to the holomorphic $A$-valued integrand $F_f$ on $U \setminus \sigma_A(x)$,
\begin{align*}
\oint_\gamma F_f\, d\zeta - \oint_{\gamma'} F_f\, d\zeta = \oint_{\gamma - \gamma'} F_f\, d\zeta = 0.
\end{align*}
The Banach-valued Cauchy theorem reduces to the scalar case by composing with continuous linear functionals $\ell \in A^*$: for each $\ell$, $\zeta \mapsto \ell(F_f(\zeta))$ is scalar-holomorphic on $U \setminus \sigma_A(x)$, and the scalar Cauchy theorem for cycles homologous to zero gives $\oint_{\gamma - \gamma'} \ell(F_f)\, d\zeta = 0$; since $A^*$ separates points on $A$ (Hahn–Banach), the $A$-valued integral itself vanishes.
Hence $\Theta_x(f)$ is independent of $\gamma$.
[/step]