Common use of Extinguishment Clause in Contracts

Extinguishment. Employee acknowledges that, except as otherwise provided in this Agreement, payment of the foregoing amounts extinguishes the Company’s obligations under the Employment Agreement and the Annual Incentive Compensation Plan, in their entirety.

Extinguishment. Employee acknowledges that, except as otherwise provided in this Agreement, payment of the foregoing amounts and benefits described herein extinguishes the Company’s obligations under the Employment Agreement and the Annual Incentive Compensation Plan, in their entirety.