Common use of Certain Obligations of the Corporation Following Termination of the Employment Period Clause in Contracts

Certain Obligations of the Corporation Following Termination of the Employment Period. Following termination of the Employment Period under the circumstances described below, the Corporation will pay to Executive the following compensation and provide the following benefits in addition to any benefits to which Executive may be entitled by law in full satisfaction and final settlement of any and all claims and demands that Executive or the Corporation may have against the other under this Agreement:

Appears in 2 contracts

Samples: Employment Agreement (Ipg Photonics Corp), Employment Agreement (Ipg Photonics Corp)

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Certain Obligations of the Corporation Following Termination of the Employment Period. Following termination of the Employment Period under the circumstances described below, the Corporation will pay to Executive the following compensation and provide the following benefits in addition to any benefits to which the Executive may be entitled by law in full satisfaction and final settlement of any and all claims and demands that Executive or the Corporation may have against the other under this Agreement:

Appears in 2 contracts

Samples: Employment Agreement (Listerhill Total Maintenance Center LLC), Employment Agreement (Ipg Photonics Corp)

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