Common use of Exclusivity of Benefits; Release of Claims Clause in Contracts

Exclusivity of Benefits; Release of Claims. Any payments provided pursuant to Section 9(a), (c), (e) or (f) shall be in lieu of any salary continuation arrangements or any other severance-type payments under any other severance program of the Company or its Affiliates. In order to be entitled to the payments, rights and other entitlements in Section 9(a), (c), (e) OR (f), the Executive shall be required to execute and deliver a general release of claims against the Company and its Affiliates and their officers, directors and employees and their successors and assigns including, but not limited to, any claims under the Age Discrimination Act, in the form and subject to such terms as provided to him by the Company and Executive must execute the release and not revoke such general release within the applicable time periods therein.

Exclusivity of Benefits; Release of Claims. Any payments provided pursuant to Section 9(a), (c), (e) or (f) shall be in lieu of any salary continuation arrangements or any other severance-type payments under any other severance program of the Company or its Affiliates. In order to be entitled to the payments, rights and other entitlements in Section 9(a), (c), (e), (f) OR (fk), the Executive shall be required to execute and deliver a general release of claims against the Company and its Affiliates and their officers, directors and employees and their successors and assigns including, but not limited to, any claims under the Age Discrimination Act, in the form and subject to such terms as provided to him by the Company and Executive must execute the release and not revoke such general release within the applicable time periods therein.