Benefits Exclusive Sample Clauses

Benefits Exclusive. The severance benefits (including without limitation the Severance Amount) and all other payments provided in this Agreement are exclusive and in lieu of any other termination or severance benefits to which Executive may be entitled in the event of Executive’s termination of employment with the Entity (Company). Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and no such payment shall be offset or reduced by the amount of any compensation or benefits provided to the Executive in any subsequent employment, except as provided in paragraph 3(d).
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Benefits Exclusive. Except as herein otherwise expressly provided, nothing in this Agreement, expressed or implied, is intended or shall be construed to confer upon any Person other than Borrower and Lender, any right, remedy or claim, legal or equitable, under or by reason of this Agreement or any provision hereof, this Agreement and all its provisions being for the sole and exclusive benefit of Borrower and Lender.
Benefits Exclusive. The Executive acknowledges that, in the event of termination of Executive's employment during the Term of his employment hereunder pursuant to paragraph (a) or (b) of this Section 8, the payments and benefits to be made or provided to Executive pursuant to this Section 8 are to be in full satisfaction of the Corporation's obligations to Executive under this Employment Agreement and, in such an event, Executive shall not be entitled to any other payments or benefits, whether pursuant to this Agreement or otherwise, except as otherwise required by applicable law.
Benefits Exclusive. Except as herein otherwise provided, nothing in this Agreement, expressed or implied, is intended or shall be construed to confer upon any person, firm or corporation, other than the City and the Noteholder, any right, remedy or claim, legal or equitable, under or by reason of this Agreement or any provision hereof, this Agreement and all of its provisions being intended to be and being for the sole and exclusive benefit of the City and the Noteholder.
Benefits Exclusive. Except as herein otherwise expressly provided, nothing in this Agreement, expressed or implied, is intended or shall be construed to confer upon any person, firm or corporation, other than the Company and the Secured Party, any right, remedy or claim, legal or equitable, under or by reason of this Agreement or any provision hereof, this Agreement and all its provisions being intended to be and being for the sole and exclusive benefit of the Company and the Secured Party.
Benefits Exclusive. Except as otherwise provided herein, nothing in this Loan Agreement, expressed or implied, is intended or shall be construed to confer upon any Person, other than the City and the Registered Owner, any right, remedy, or claim, legal or equitable, under or by reason of this Loan Agreement or any provision hereof, this Loan Agreement and all its provisions being intended to be and being for the sole and exclusive benefit of the City and the Registered Owner.
Benefits Exclusive. Except as otherwise provided herein, nothing in this Loan Agreement, expressed or implied, is intended or shall be construed to confer upon any Person, other than the Issuer and the Registered Owner, any right, remedy, or claim, legal or equitable, under or by reason of this Loan Agreement or any provision hereof, this Loan Agreement and all its provisions being intended to be and being for the sole and exclusive benefit of the Issuer and the Registered Owner.
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Benefits Exclusive. The Executive and the Employer intend that the benefits described in Sections 4.1 to 4.6 be exclusive of one another. The Executive shall not receive benefits arising out of more than one of those Sections.

Related to Benefits Exclusive

  • Benefits and Insurance The Executive shall, in accordance with Company policy and the terms of the applicable plan documents, be eligible to participate in benefits under any benefit plan or arrangement that may be in effect from time to time and made available to similarly situated Company executives (including, but not limited to, being named as an officer for purposes of the Company’s Directors & Officers insurance policy). The Company reserves the right in its sole discretion to modify, add or eliminate benefits at any time. All benefits shall be subject to the terms and conditions of the applicable plan documents, which may be amended or terminated at any time. The Executive shall be entitled to vacation each year, in addition to sick leave and observed holidays in accordance with the policies and practices of the Company. Vacation may be taken at such times and intervals as the Executive shall determine, subject to the business needs of the Company.

  • Claims by Employees and Insurance Each Party shall be solely responsible for and shall bear all of the costs of claims by its own employees, contractors, or agents arising under and covered by, any workers' compensation law. Each Party shall furnish, at its sole expense, such insurance coverage and such evidence thereof, or evidence of self-insurance, as is reasonably necessary to meet its obligations under this Agreement.

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