Common use of Exclusive Remedy Clause in Contracts

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 7.

Appears in 21 contracts

Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Agreement and Plan of Reorganization (Sarcos Technology & Robotics Corp), Executive Employment Agreement (Otonomy, Inc.)

AutoNDA by SimpleDocs

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 6 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 76.

Appears in 17 contracts

Samples: Sarcos Corp. Employment Agreement (Sarcos Technology & Robotics Corp), Sarcos Corp. Employment Agreement (Sarcos Technology & Robotics Corp), Employment Agreement (Sarcos Technology & Robotics Corp)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement, including any prior employment agreements entered into between the Company and Executive. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 7.

Appears in 15 contracts

Samples: Executive Employment Agreement (Aadi Bioscience, Inc.), Executive Employment Agreement (Aadi Bioscience, Inc.), Executive Employment Agreement (Aadi Bioscience, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 7.

Appears in 14 contracts

Samples: Employment Agreement (Artelo Biosciences, Inc.), Employment Agreement (Artelo Biosciences, Inc.), Employment Agreement (Constellation Alpha Capital Corp.)

Exclusive Remedy. In the event of If a termination of Executive’s employment with the Company or its Affiliatesoccurs, the provisions of this Section 7 5 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment other than those benefits expressly set forth in this Section 75.

Appears in 11 contracts

Samples: Employment Agreement (GoDaddy Inc.), Arbitration Agreement (GoDaddy Inc.), Employment Agreement (GoDaddy Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 78.

Appears in 9 contracts

Samples: Anish Bhatnagar Employment Agreement (Capnia, Inc.), Cowens Employment Agreement (NanoString Technologies Inc), Strambi Employment Agreement (TeleNav, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of Award vesting or severance pay other than those benefits expressly set forth in this Section 7.

Appears in 9 contracts

Samples: Employment Agreement (Geeknet, Inc), Employment Agreement (Geeknet, Inc), Employment Agreement (Geeknet, Inc)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 7.8. 0000 Xxxxxxxxx Xxxxxxx, Xxx 000, Xxx Xxxxx, XX 00000, Xxxxxx Xxxxxx Tel: 000.000.0000 xxx.xxxxxxxxxxxx.xxx

Appears in 7 contracts

Samples: Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.), Executive Employment Agreement (Grid Dynamics Holdings, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its AffiliatesCompany, the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 7.

Appears in 6 contracts

Samples: Employment Agreement (Knightscope, Inc.), Employment Agreement (Knightscope, Inc.), Employment Agreement (Knightscope, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 6 and Section 7 below are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, entitled in equity. Executive will be entitled to no benefits, connection with the termination of Executive’s employment under any employee compensation or other payments benefit plan which provides benefits in the nature of severance or rights upon termination of employment other than those benefits expressly set forth in this Section 7continuation pay.

Appears in 4 contracts

Samples: Executive Employment Agreement (LogicBio Therapeutics, Inc.), Executive Employment Agreement (LogicBio Therapeutics, Inc.), Executive Employment Agreement (LogicBio Therapeutics, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 9 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting, extension of the option exercise period, or severance pay other than those benefits expressly set forth in this Section 79.

Appears in 4 contracts

Samples: Executive Employment Agreement (Sarepta Therapeutics, Inc.), Executive Employment Agreement (Avi Biopharma Inc), Executive Employment Agreement (Avi Biopharma Inc)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 6 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 76.

Appears in 3 contracts

Samples: Owens Employment Agreement (OvaScience, Inc.), Owens Employment Agreement (OvaScience, Inc.), Executive Employment Agreement (Infosys LTD)

Exclusive Remedy. In the event of a termination of the Executive’s employment with the Company or its AffiliatesCompany, the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 78, subject to applicable law.

Appears in 3 contracts

Samples: Employment Agreement (Establishment Labs Holdings Inc.), Employment Agreement (Establishment Labs Holdings Inc.), Employment Agreement (Establishment Labs Holdings Inc.)

Exclusive Remedy. In the event of a termination of Executive’s 's employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 78.

Appears in 2 contracts

Samples: Employment Agreement (Telenav, Inc.), Uttley Employment Agreement (Telenav, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s 's employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 6 and Section 7 below are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, entitled in equity. Executive will be entitled to no benefits, connection with the termination of Executive's employment under any employee compensation or other payments benefit plan which provides benefits severance or rights upon termination of employment other than those benefits expressly set forth in this Section 7continuation pay.

Appears in 2 contracts

Samples: Executive Employment Agreement (LogicBio Therapeutics, Inc.), Employment Agreement (LogicBio Therapeutics, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting, extension of the option exercise period, or severance pay other than those benefits expressly set forth in this Section 78.

Appears in 2 contracts

Samples: Executive Employment Agreement (Sarepta Therapeutics, Inc.), Executive Employment Agreement (Avi Biopharma Inc)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 6 and Section 7 below are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, entitled in equity. Executive will be entitled to no benefits, connection with the termination of Executive’s employment under any employee compensation or other payments benefit plan which provides benefits severance or rights upon termination of employment other than those benefits expressly set forth in this Section 7continuation pay.

Appears in 2 contracts

Samples: Executive Employment Agreement (LogicBio Therapeutics, Inc.), Executive Employment Agreement (LogicBio Therapeutics, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no severance or other benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 7.

Appears in 2 contracts

Samples: Employment Agreement (Pulse Biosciences, Inc.), Employment Agreement (Pulse Biosciences, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 6 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment or in connection with a Change of Control other than those benefits expressly set forth in this Section 76.

Appears in 2 contracts

Samples: Change of Control and Severance Agreement (iRhythm Technologies, Inc.), Change of Control and Severance Agreement (iRhythm Technologies, Inc.)

Exclusive Remedy. In the event of a any termination of Executive’s employment with the Company or its AffiliatesCompany, the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 78.

Appears in 2 contracts

Samples: Employment Agreement (Velodyne Lidar, Inc.), Employment Agreement (Velodyne Lidar, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 are 6 is intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 76.

Appears in 1 contract

Samples: Executive Employment Agreement (Savara Inc)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 78.

Appears in 1 contract

Samples: Employment Agreement (Plantronics Inc /Ca/)

AutoNDA by SimpleDocs

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of Award vesting or severance pay other than those benefits expressly set forth in this Section 7.

Appears in 1 contract

Samples: Employment Agreement (SourceForge, Inc)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 7.

Appears in 1 contract

Samples: Employment Agreement (Plantronics Inc /Ca/)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation acceleration or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting other than those benefits expressly set forth in this Section 7.

Appears in 1 contract

Samples: William Taylor Rhodes Employment Agreement (Rackspace Hosting, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement, including any prior employment agreements entered into between the Company and Executive. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 76.

Appears in 1 contract

Samples: Executive Employment Agreement (Aadi Bioscience, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company Or any parent or its Affiliatessubsidiary or successor of the Company), the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in Section 3(d)(iii) and this Section 78.

Appears in 1 contract

Samples: Employment Agreement (NanoString Technologies Inc)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its AffiliatesCompany, the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 7.. ​

Appears in 1 contract

Samples: Employment Agreement (Knightscope, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 7.. 

Appears in 1 contract

Samples: Employment Agreement (Pulse Biosciences, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 7Agreement or the applicable equity award agreement.

Appears in 1 contract

Samples: Employment Agreement (Align Technology Inc)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 8 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation acceleration or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting other than those benefits expressly set forth in this Section 7.

Appears in 1 contract

Samples: Employment Agreement (Rackspace Hosting, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no severance or other benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 7.. 9063751

Appears in 1 contract

Samples: Employment Agreement (Pulse Biosciences, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment other than those benefits expressly set forth in this Section 7.

Appears in 1 contract

Samples: Employment Agreement (Intermedia Cloud Communications, Inc.)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity. , or under this Agreement, except to the extent expressly provided in a change of control severance agreement between the Company and Executive will be entitled to no benefits, compensation or other payments or rights upon termination that references the terms of employment other than those benefits expressly set forth in this Section 7Agreement.

Appears in 1 contract

Samples: Xuecheng Jin Employment Agreement (Iwatt Inc)

Exclusive Remedy. In the event of a termination of Executive’s 's employment with the Company (or its Affiliatesany parent or subsidiary or successor of the Company), the provisions of this Section 7 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement. Executive will be entitled to no benefits, compensation severance or other payments or rights benefits upon termination of employment with respect to acceleration of award vesting or severance pay other than those benefits expressly set forth in this Section 7.

Appears in 1 contract

Samples: Executive Employment Agreement (Infosys LTD)

Exclusive Remedy. In the event of a termination of Executive’s employment with the Company or its Affiliates, the provisions of this Section 7 6 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, contract or in equity. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 76.

Appears in 1 contract

Samples: Employment Agreement (Sarcos Technology & Robotics Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!