Common use of Exclusive Severance Benefits Clause in Contracts

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.

Appears in 28 contracts

Samples: Employment Agreement (Ring Energy, Inc.), Employment Agreement (Ring Energy, Inc.), Employment Agreement (Ring Energy, Inc.)

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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 CompanyEmployer.

Appears in 9 contracts

Samples: Employment Agreement (Legacy Reserves Lp), Employment Agreement (Legacy Reserves Lp), Employment Agreement (Legacy Reserves Lp)

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.

Appears in 1 contract

Samples: Employment Agreement (Linn Energy, LLC)

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.. 040707, 000014, 102625676.2

Appears in 1 contract

Samples: Employment Agreement (Linn Energy, LLC)

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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.. 040707, 000014, 102625768.2

Appears in 1 contract

Samples: Employment Agreement (Linn Energy, LLC)

Exclusive Severance Benefits. The Severance Benefits payable under Section 6.4(a) or and 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.

Appears in 1 contract

Samples: Employment Agreement (Linn Energy, LLC)

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