Common use of Exclusive Benefits Clause in Contracts

Exclusive Benefits. The Severance Benefits payable under Section 7.4(a) and (b) if they become applicable under the terms of this Agreement, shall be in lieu of any other severance or similar benefits that would otherwise be payable under any other agreement, plan, program or policy of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Wesco International Inc), Employment Agreement (Wesco International Inc), Employment Agreement (Wesco International Inc)

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Exclusive Benefits. The Severance Benefits payable under Section 7.4(a7.3(a) and (b) the Change in Control Severance Benefits payable under Section 7.3(b), if they either benefits become applicable under the terms of this Agreement, shall be mutually exclusive and shall be in lieu of any other severance or similar benefits that would otherwise be payable under any other agreement, plan, program or policy of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Education Management Corporation), Employment Agreement (Education Management Corporation), Employment Agreement (Education Management Corporation)

Exclusive Benefits. The Severance Benefits payable under Section 7.4(a) and (b7.3(a) if they either benefits become applicable under the terms of this Agreement, shall be mutually exclusive and shall be in lieu of any other severance or similar benefits that would otherwise be payable under any other agreement, plan, program or policy of the Company.

Appears in 1 contract

Samples: Employment Agreement (Daleen Technologies Inc)

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Exclusive Benefits. The Severance Benefits payable under Section 7.4(a4.3(a) and (b) if they become applicable under the terms of this Agreement, shall be in lieu of any other severance or similar benefits that would otherwise be payable under any other agreement, plan, program or policy of the Company.

Appears in 1 contract

Samples: Employment Agreement (Daleen Technologies Inc)

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