Common use of Exclusivity of Payments Clause in Contracts

Exclusivity of Payments. Payment pursuant to this Section 3 shall be in full satisfaction of any amounts owed to Executive upon, following, or by reason of, the termination of his employment, and Executive shall not be entitled to any amounts other than as specified in this Section 3. Notwithstanding the foregoing, Executive’s entitlement upon termination of employment under any bonus, incentive, or equity plan or program of the Company shall, except as otherwise specifically provided herein, be determined by the terms of such plan or program.