Exclusive Severance Benefits Sample Clauses

Exclusive Severance Benefits. The Severance Benefits payable under Section 6.4(a) or the Change of Control Benefits payable under Section 6.4(b), if they become applicable under the terms of this Agreement, will 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.
AutoNDA by SimpleDocs
Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Executive under Section 4.1(a), Section 4.2(a) or Section 4.2(b) shall constitute the entire obligation of the Company to the Executive as a result of the termination of his employment under the circumstances set forth in such Sections, and the Executive shall not be entitled to additional payments or benefits under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.
Exclusive Severance Benefits. The Actual Full Year Bonus Amount, the Actual Pro Rata Bonus Amount and/or any Severance Benefits to which the Employee may otherwise be entitled under Section 6.1, Section 6.2 or Section 6.4, if they become payable under the terms of this Agreement, will 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, excluding, for this purpose, any post-termination treatment of equity incentive awards provided under the terms of the governing award agreements.
Exclusive Severance Benefits. If Executive becomes entitled to receive the Salary Continuation Payments or the Change of Control Severance Payment, as applicable, then such payment(s) will 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 Equity Group.
Exclusive Severance Benefits. The Severance Benefits, if they become payable under the terms of this Agreement, will 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.
Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Executive under this Agreement shall constitute the entire obligation of the Company to the Executive as a result of the termination of Executive’s employment, and the Executive shall not be entitled to additional payments or benefits as a result of such termination of employment under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.
Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Employee under this Agreement shall constitute the entire obligation of the Company to the Employee as a result of the termination of his or her employment, and the Employee shall not be entitled to additional payments or benefits as a result of such termination of employment in connection under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.
AutoNDA by SimpleDocs
Exclusive Severance Benefits. Employee acknowledges that the Severance Benefits provided in Sections a and b hereunder are in lieu of any other benefits to which Employee may be eligible under any other agreements or the Company or its affiliates severance plans or practices.
Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Subsidiary and/or the Company to the Executive under this Agreement shall constitute the entire obligation of the Subsidiary and the Company respectively to the Executive as a result of the termination of Executive’s employment, and the Executive shall not be entitled to additional payments or benefits as a result of such termination of employment under any other plan, program, policy, practice, contract or agreement of the Company, the Subsidiary or their respective subsidiaries. In particular, the payments made by the Company and/or the Subsidiary to the Executive under this Agreement shall be deemed by the parties to include any redundancy payments (whether statutory or otherwise), and any payment in lieu of notice or damages for wrongful dismissal that may otherwise have been due. Hence, no additional redundancy payment, payment in lieu of notice or damages for wrongful dismissal shall be owed to the Executive in these circumstances.
Exclusive Severance Benefits. Except as expressly provided in this Agreement, Xx. Xxxxxxxx is entitled to no other or further consideration, severance, pay or benefits whatsoever from Employer. Xx. Xxxxxxxx acknowledges that the severance and other benefits provided hereunder are in lieu of any severance or other benefits that may have been available to him under any other plan, program, practice or promise by Employer, including without limitation that certain Executive Employment Agreement between Employer and Xx. Xxxxxxxx dated July 12, 2007 (the “Employment Agreement”).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!