Common use of Benefits Payable Upon Termination of Employment Clause in Contracts

Benefits Payable Upon Termination of Employment. 6.1 Except as specifically provided in this Agreement or required by applicable law, upon termination of the employment relationship between Company and Executive, all duties and obligations of Company to Executive and all rights, remedies, compensation, Benefits, privileges, grants and options of Executive shall cease and terminate as of the Exit Date. 6.2 Executive shall be entitled to the compensation and benefits specified in Section 6.3 hereof if Executive’s employment by Company is terminated by Company, other than by reason of any of the events set forth in Section 6.4 below. 6.3 Upon termination of employment as set forth in Section 6.2 hereof, Executive shall be entitled to the following:

Benefits Payable Upon Termination of Employment. 6.1 Except as specifically provided in this Agreement or required by applicable law, upon termination of the employment relationship between Company and ExecutiveExecutive for any reason, all duties and obligations of Company to Executive and all rights, remedies, compensation, Benefits, privileges, grants and options of Executive shall cease and terminate as of the Exit Date. 6.2 Executive shall be entitled to the compensation and benefits specified in Section 6.3 hereof if Executive’s employment by Company is terminated by Company, other than by reason of any of the events set forth in Section 6.4 below. 6.3 Upon termination of employment as set forth in Section 6.2 hereofor Section 8 of this Agreement, Executive shall be entitled to the following: