Common use of Exclusivity of Payments Clause in Contracts

Exclusivity of Payments. Upon termination of Executive's employment hereunder, Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, other than the payments provided in this Section 7, except for any benefits which may be due to Executive in the normal course under any employee benefit plan of the Company which provides for benefits after termination of employment. Executive agrees that any right to receive payments hereunder upon termination of employment will cease if Executive breaches any provision of Sections 8 or 9 below.

Appears in 5 contracts

Samples: Employment Agreement (Intervisual Books Inc /Ca), Employment Agreement (Intervisual Books Inc /Ca), Employment Agreement (Intervisual Books Inc /Ca)

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Exclusivity of Payments. Upon termination of Executive's employment hereunder, Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, other than the payments and benefits provided in this Section 76, except for any benefits which may be due to Executive in the normal course under any employee benefit plan or program of the Company which provides for benefits after termination of employment. Executive agrees that any Executive's right to receive payments hereunder or benefits under this Agreement upon termination of employment will cease if Executive breaches any provision of Sections 8 or 9 below.

Appears in 2 contracts

Samples: Employment Agreement (Pacific Scientific Co), Employment Agreement (Pacific Scientific Co)

Exclusivity of Payments. Upon termination of Executive's employment hereunder, Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, other than the payments provided in this Section 7, except for any benefits which may be due to Executive in the normal course under any employee benefit plan of the Company which provides for benefits after termination of employment. Executive agrees that any right to receive payments hereunder upon termination of employment will cease if Executive breaches any provision of Sections 8 or 9 below.termina-

Appears in 2 contracts

Samples: Employment Agreement (Intervisual Books Inc /Ca), Employment Agreement (Intervisual Books Inc /Ca)

Exclusivity of Payments. Upon termination of Executive's employment hereunder, Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, other than the payments pay- ments and benefits provided in this Section 76, except for any benefits which may be due to Executive in the normal course under any employee benefit plan or program of the Company which provides for benefits after termination of employment. Executive agrees that any Executive's right to receive payments hereunder or benefits under this Agreement upon termination of employment will cease if Executive breaches any provision of Sections 8 or 9 below.

Appears in 1 contract

Samples: Employment Agreement (Pacific Scientific Co)

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Exclusivity of Payments. Upon termination termina- tion of Executive's employment hereunder, Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, other than the payments provided in this Section 7, except for any benefits which may be due to Executive in the normal course under any employee benefit plan of the Company which provides for benefits after termination of employment. Executive agrees that any right to receive any payments hereunder under this Section 7 upon termination of employment will cease if Executive breaches any provision of Sections 8 or 9 below.

Appears in 1 contract

Samples: Employment Agreement (Intervisual Books Inc /Ca)

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