Common use of Exclusive Right to Severance Clause in Contracts

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefits. The Executive hereby knowingly and voluntarily waives any right he might otherwise have to participate in or receive benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefits.

Appears in 12 contracts

Samples: Employment Agreement (Albireo Pharma, Inc.), Employment Agreement (F-Star Therapeutics, Inc.), Employment Agreement (Albireo Pharma, Inc.)

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Exclusive Right to Severance. The Executive agrees that the Severance Benefits Executive’s right to severance payments and benefits upon termination of employment shall be provided to him in accordance with the terms and conditions as expressly set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefitsAgreement. The In no event shall the Executive hereby knowingly and voluntarily waives any right he might otherwise have to participate in in, or receive benefits under under, any other plan, program or policy of the Company providing for severance or termination pay or benefits.

Appears in 4 contracts

Samples: Employment Agreement (Bloomin' Brands, Inc.), Employment Agreement (Bloomin' Brands, Inc.), Employment Agreement (Nortek Inc)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him her in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefitsexclusive. The Executive hereby knowingly and voluntarily waives any right he she might otherwise have to participate in or receive payments or benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefitsother termination benefits (other than any benefits payable pursuant to a long-term disability or other similar insurance program, which shall be governed by the terms and provisions of the applicable plan or program).

Appears in 4 contracts

Samples: Employment Agreement (InnovAge Holding Corp.), Employment Agreement (InnovAge Holding Corp.), Employment Agreement (InnovAge Holding Corp.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to inclusive of all termination and/or severance payments that may be required at common law or termination pay and post-under the applicable employment employee benefitsstandards legislation. The Executive hereby knowingly and voluntarily waives any right he might otherwise have to participate in or receive benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefits.

Appears in 3 contracts

Samples: Employment Agreement (Canada Goose Holdings Inc.), Employment Agreement (Canada Goose Holdings Inc.), Employment Agreement (Canada Goose Holdings Inc.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him her in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefits. The Executive hereby knowingly and voluntarily waives any right he she might otherwise have to participate in or receive benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefits.

Appears in 2 contracts

Samples: Employment Agreement (Albireo Pharma, Inc.), Employment Agreement (Albireo Pharma, Inc.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him the Executive in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefitsexclusive. The Executive hereby knowingly and voluntarily waives any right he she might otherwise have to participate in or receive payments or benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefitsother termination benefits (other than any benefits payable pursuant to a long- term disability or other similar insurance program, which shall be governed by the terms and provisions of the applicable plan or program).

Appears in 1 contract

Samples: Employment Agreement (InnovAge Holding Corp.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him the Executive in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefitsexclusive. The Executive hereby knowingly and voluntarily waives any right he the Executive might otherwise have to participate in or receive payments or benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefitsother termination benefits (other than any equity incentive awards and any benefits payable pursuant to a long-term disability or other similar insurance program, which shall be governed by the terms and provisions of the applicable plan, award agreement or program).

Appears in 1 contract

Samples: Employment Agreement (InnovAge Holding Corp.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him the Executive in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefitsexclusive. The Executive hereby knowingly and voluntarily waives any right he the Executive might otherwise have to participate in or receive payments or benefits under any other plan, program or policy of the Company providing for ​ ​ severance or termination pay or benefitsother termination benefits (other than any benefits payable pursuant to a long-term disability or other similar insurance program, which shall be governed by the terms and provisions of the applicable plan or program).

Appears in 1 contract

Samples: Employment Agreement (InnovAge Holding Corp.)

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Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him the Executive in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefitsexclusive. The Executive hereby knowingly and voluntarily waives any right he she might otherwise have to participate in or receive payments or benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefitsother termination benefits (other than any benefits payable pursuant to a long-term disability or other similar insurance program, which shall be governed by the terms and provisions of the applicable plan or program).

Appears in 1 contract

Samples: Employment Agreement (InnovAge Holding Corp.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him the Executive in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefitsexclusive. The Executive hereby knowingly and voluntarily waives any right he the Executive might otherwise have to participate in or receive payments or benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefitsother termination benefits (other than any benefits payable pursuant to a long-term disability or other similar insurance program, which shall be governed by the terms and provisions of the applicable plan or program).

Appears in 1 contract

Samples: Employment Agreement (InnovAge Holding Corp.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him in accordance with the terms and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefits. The Executive hereby knowingly and voluntarily waives any right he she might otherwise have to participate in or receive benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefits.

Appears in 1 contract

Samples: Employment Agreement (Albireo Pharma, Inc.)

Exclusive Right to Severance. The Executive agrees that the Severance Benefits to be provided to him in accordance with the terms term and conditions set forth in this Agreement are intended to be exclusive with respect to severance or termination pay and post-employment employee benefits. The Executive hereby knowingly and voluntarily waives any right he might otherwise have to participate in or receive benefits under any other plan, program or policy of the Company providing for severance or termination pay or benefits.

Appears in 1 contract

Samples: Employment Agreement (Albireo Pharma, Inc.)

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