Common use of Payments and Benefits Clause in Contracts

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21, 2015 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 2 contracts

Samples: Separation Agreement (Derma Sciences, Inc.), Separation Agreement (Derma Sciences, Inc.)

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Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21November 19, 2015 2012 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive he is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under Sections 2 and 3 of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 1 contract

Samples: Separation Agreement (Scripps Networks Interactive, Inc.)

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21July 31, 2015 2016 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 1 contract

Samples: Separation Agreement (Derma Sciences, Inc.)

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the payments and benefits (collectively, the “Severance Benefits”) set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21July 26, 2015 2017 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. For the avoidance of doubt, Executive agrees acknowledges that Executive is unless and until this Release becomes effective and irrevocable pursuant to its terms, he will not be entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”)Severance Benefits.

Appears in 1 contract

Samples: Separation Agreement (Global Power Equipment Group Inc.)

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall will provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21October 3, 2015 2012 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive he is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under Sections 2 and 3 of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 1 contract

Samples: Separation Agreement (Visteon Corp)

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the benefits (collectively, the “Severance Benefits”) set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21September 24, 2015 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. For the avoidance of doubt, Executive agrees acknowledges that Executive is unless and until this Release becomes effective and irrevocable pursuant to its terms, he will not be entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”)Severance Benefits.

Appears in 1 contract

Samples: Separation Agreement (Global Power Equipment Group Inc.)

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21June 24, 2015 2013 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive he is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under Sections 2 and 3 of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 1 contract

Samples: Separation Agreement (Global Power Equipment Group Inc.)

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Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21September 4, 2015 2013 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive he is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under Sections 2 and 3 of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B C to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 1 contract

Samples: Separation Agreement (Scripps Networks Interactive, Inc.)

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall will provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21January 5, 2015 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under Sections 2 and 3 of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 1 contract

Samples: Separation Agreement (Global Power Equipment Group Inc.)

Payments and Benefits. Upon the effectiveness of the terms set forth herein, the Company shall provide Executive with the benefits set forth in Section 3 of the Separation Agreement between Executive and the Company dated as of December 21August 1, 2015 2017 (the “Separation Agreement”), upon the terms, and subject to the conditions, of the Separation Agreement. Executive agrees that Executive is not entitled to receive any additional payments as wages, vacation or bonuses except as otherwise provided under Sections 2 or 3 of the Separation Agreement and the Consulting Services Agreement attached as Exhibit B to the Separation Agreement (the “Consulting Services Agreement”).

Appears in 1 contract

Samples: Separation Agreement (Global Power Equipment Group Inc.)

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