No Additional Benefits Sample Clauses
The "No Additional Benefits" clause establishes that the parties are only entitled to the rights, payments, or advantages explicitly stated in the agreement, and no further benefits are implied or provided. In practice, this means that if a party seeks compensation, services, or privileges not expressly mentioned in the contract, such requests can be denied based on this clause. This provision serves to prevent misunderstandings or disputes over unlisted entitlements, ensuring that the scope of obligations and benefits remains clear and limited to what has been mutually agreed upon.
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No Additional Benefits. Nothing in this Agreement shall be construed to grant to the Sponsor any benefits, present or future, other than those set forth in Exhibit B for the sponsorship level selected with respect to meetings designated on the 2010 Meeting Calendar.
No Additional Benefits. The Parties acknowledges and agrees that this Agreement resolves all outstanding issues arising from Executive’s employment and that Executive has received all compensation and benefits to which Executive would otherwise be entitled through the Separation Date, and the Executive as no further obligations to the Company. Employee shall receive no additional compensation or benefits from the Company in addition to those set forth in Paragraph 3 above.
No Additional Benefits. Executive acknowledges and agrees that the payments and other benefits provided for in this Agreement represent the only compensation and benefits to which Executive is entitled and, except for the fees for periods following the Termination Date payable under the Consulting Agreement identified in Section 7 below, Executive is not entitled to any other compensation, remuneration, benefits or entitlements, whether pursuant to the Separation Agreement, Restricted Stock Unit Agreement, Option Agreement or Performance Option Agreement or otherwise, excluding any accrued benefits the Executive may have under the Company’s 401(k) plan.
No Additional Benefits. The Executive acknowledges and agrees that, except as provided in this Section 2, the Executive's participation as an active employee under any benefit plan, program, policy or arrangement sponsored or maintained by the Company Group shall cease and be terminated as of the Termination Date. Without limiting the generality of the foregoing, the Executive's eligibility for and active participation in any of the tax-qualified plans maintained by the Company Group will end on the Termination Date and the Executive will earn no additional benefits under those plans after that date. The Executive shall be treated as a terminated employee for purposes of all such benefit plans and programs effective as of the Termination Date, and shall receive all payments and benefits due to him under such plans and programs in accordance with the terms and conditions thereof.
No Additional Benefits. Executive acknowledges and agrees that the individual shall receive no benefits additional to those set forth above. Executive acknowledges and agrees that the Company has paid the Executive all salary, wages, overtime, bonuses, commissions, and other compensation due to the Executive, if any, and has paid Executive for all accrued benefits (including but not limited to vacation and paid time off), if any, to which the Executive may be entitled. Once all of the payments referred to in Paragraph 2 have been made, Executive shall have been paid all compensation due and owing to the Executive under this Agreement, under any employment or other contract the Executive has or may have had with the Company, under any separation or severance policy, under any commission and/or sales plans, or from any other source of entitlement, including all salary, bonuses, commissions, vacation, paid leave, severance pay or other benefits. The Executive further acknowledges and agrees that the Separation Benefits are consideration for the Executive’s promises in this Agreement, and that such consideration is above and beyond any wages, salary, bonuses, commissions, severance, or other sums to which the Executive is entitled from the Company under the terms of employment or under any policy, contract, or law.
No Additional Benefits. Consultant shall receive no additional benefits hereunder, and Consultant acknowledges that the Company shall not be responsible for providing Consultant with health insurance, pension benefits or any other benefits.
No Additional Benefits. Other than as set forth in this Agreement and Release, you expressly acknowledge and agree that you are not entitled to and will not receive any additional compensation, payments or benefits of any kind from the Company and the Releasees (as that term is defined in paragraph 5(b) below) and that no representations or promises to the contrary have been made to you.
No Additional Benefits. Other than as set forth in this Separation Agreement, the Executive expressly acknowledges and agrees that he is not entitled to and will not receive any additional compensation, payments or benefits of any kind from the Company or any of the other Company Releasees (as that phrase is defined in Section 4 below), and the Executive expressly acknowledges and agrees that no representations or promises to the contrary have been made to him.
No Additional Benefits. Employee agrees that this Agreement resolves any and all outstanding issues arising from Employee’s employment. Employee further acknowledges and agrees that Employee has received all compensation and benefits to which Employee would otherwise be entitled through the Termination Date and shall receive no other compensation or benefits from the USAC Entities other than those set forth above, including under any USAC Entity severance plan, any USAC Entity Annual Bonus Plan, the Energy Transfer ▇▇ ▇▇▇▇▇▇▇▇▇ Plan, the Energy Transfer Non-Midstream Business Severance Plan, and the Amended and Restated Energy Transfer LP Annual Bonus Plan. However, following the Termination Date, Employee shall retain any vested interest and vested rights that Employee may otherwise have under any employee benefit plan sponsored by Company (including any required COBRA continuation coverage under Section 4980B of the Internal Revenue Code of 1986, as amended), subject to the terms and conditions of such plan.
No Additional Benefits. Executive acknowledges that Executive is not entitled to, and will not receive, any other compensation or benefits from the Company upon termination of employment on the Retirement Date, except the consideration in return for Executive’s execution of the Final Release described in Section 5 below, which consideration is specifically for a release of claims under the Age Discrimination in Employment Act, or as otherwise specifically described in this Agreement. For the avoidance of doubt, Executive retains all rights to the compensation and benefits and rights described in clauses (1)-(4) of Section 4(a) below, and any accrued and unpaid salary, vacation pay or other reasonable expense reimbursement claims upon Executive’s termination of employment on the Retirement Date.