Effect of Termination on Other Plans and Programs. In the event that Executive's employment with the Company is terminated for any reason, Executive shall be entitled to receive all amounts payable and benefits accrued under any otherwise applicable plan, policy, program or practice of the Company in which Executive was a participant immediately prior to the Date of Termination in accordance with the terms thereof; provided, that if Executive receives payments pursuant to Section 1.5.1 of this Agreement, Executive shall not be entitled to receive any payments or benefits under any such plan, policy, program or practice providing any severance or incentive compensation except as set out in this Agreement.
Appears in 2 contracts
Samples: Release Agreement (DecisionPoint Systems, Inc.), Release Agreement (DecisionPoint Systems, Inc.)
Effect of Termination on Other Plans and Programs. In the event that Executive's ’s employment with the Company is terminated for any reason, Executive shall be entitled to receive all amounts payable and benefits accrued under any otherwise applicable plan, policy, program or practice of the Company in which Executive was a participant immediately prior to during Executive’s employment with the Date of Termination Company in accordance with the terms thereof; provided, provided that if Executive receives payments pursuant to Section 1.5.1 of this Agreement, Executive shall not be entitled to receive any payments or benefits under any such plan, policy, program or practice providing any bonus, severance or incentive compensation except as set out in and the provisions of this AgreementSection 7(f) shall supersede the provisions of any such plan, policy, program or practice.
Appears in 1 contract
Samples: Employment Agreement (Sirva Inc)
Effect of Termination on Other Plans and Programs. In the event that Executive's ’s employment with the Company is terminated for any reason, Executive shall be entitled to receive all amounts payable and benefits accrued under any otherwise applicable plan, policy, program or practice of the Company in which Executive was a participant immediately prior to the Date of Termination in accordance with the terms thereof; provided, that that, if Executive receives payments pursuant to Section 1.5.1 of this Agreement, Executive shall not be entitled to receive any payments or benefits under any such plan, policy, program or practice providing any severance or incentive compensation except as set out in this Agreement.Executive’s
Appears in 1 contract
Samples: 0401 Employment Agreement (Eos Energy Enterprises, Inc.)
Effect of Termination on Other Plans and Programs. In the event that Executive's ’s employment with the Company is terminated for any reason, Executive shall be entitled to receive all amounts payable and benefits accrued under any otherwise applicable plan, policy, program or practice of the Company in which Executive was a participant immediately prior to during Executive’s employment with the Date of Termination Company in accordance with the terms thereof; provided, provided that if Executive receives payments pursuant to Section 1.5.1 of this Agreement, Executive shall not be entitled to receive any payments or benefits under any such plan, policy, program or practice providing any bonus, severance or incentive compensation except as set out in and the provisions of this AgreementSection 7(e) shall supersede the provisions of any such plan, policy, program or practice.
Appears in 1 contract
Samples: Employment Agreement (Insight Communications Co Inc)