No Additional Compensation or Benefits. Employee expressly acknowledges and agrees that he or she has no claims or entitlement to additional compensation or benefits of any kind from Employer, past, present or future, except as set out in this Agreement.
No Additional Compensation or Benefits. Executive expressly acknowledges and agrees that he has no claims or entitlement to additional compensation or benefits of any kind from the Company, past, present or future, except as set out in this Agreement.
No Additional Compensation or Benefits. Except as set forth in this Agreement, it is expressly agreed and understood that Employer does not have, and will not have, any obligation to provide Employee at any time in the future with any payments, benefits or other consideration other than those specifically set forth in this Agreement and any vested benefits to which Employee may be entitled according to the terms of Employer’s ERISA-governed benefit plans.
No Additional Compensation or Benefits. Executive is not entitled to receive any compensation or benefits from the Company upon Executive’s termination except as set forth in this Agreement. Moreover, the terms and conditions afforded Executive under this Agreement are in lieu of any severance payments or benefits to which he otherwise might be entitled pursuant to any severance plan, policy, or practice of the Company.
No Additional Compensation or Benefits. The Executive is not entitled to receive any compensation or benefits from the Company upon the Executive’s termination except as set forth in this Agreement; any equity award agreement; if applicable and pursuant to Section 7(b) (Severance upon Termination without Cause or for Good Reason), the Executive Severance Plan; or as otherwise mutually agreed and expressly set forth in a writing signed by both parties hereto. In no event will the Executive be eligible for both (i) the Severance Benefits described in Sections 7(b)(i) through 7(b)(iii), and (ii) severance benefits under the Executive Severance Plan (or any other severance plan, policy, or practice of the Company); provided, that the accelerated vesting of equity in Section 7(b)(iv) shall survive and shall not be superseded or replaced by the Executive Severance Plan.
No Additional Compensation or Benefits. The Executive is not entitled to receive any compensation or benefits from the Company upon the Executive’s termination except as set forth in this Agreement, any equity award agreement, or, if applicable and pursuant to Section 7(b) (Severance upon Termination without Cause or for Good Reason), the Executive Severance Plan. In no event will the Executive be eligible for both (i) the Severance Benefits described in Sections 7(b)(i) through 7(b)(iii), and (ii) severance benefits under the Executive Severance Plan (or any other severance plan, policy, or practice of the Company); provided, that the accelerated vesting of equity in Section 7(b)(iv) shall survive and shall not be superseded or replaced by the Executive Severance Plan.
No Additional Compensation or Benefits. Other than the consideration expressly set forth above, you will not be entitled to any additional compensation or benefits, of any type whatsoever, from Proterra, except as may be mandated by law. By your signature below and on the "Bring Down Release" on Exhibit A, you expressly acknowledge that you have been paid and have received from Proterra all compensation, wages, leave, benefits, bonuses, commissions, and other payments due and owing from the Company as of the Separation Date, and that no other compensation, wages, paid time off, benefits, bonuses, commissions, or other payments are or will be due to you, except as expressly provided in this Agreement.
No Additional Compensation or Benefits. EMPLOYEE and the Bank agree that, except as expressly set forth in this Agreement and the CIC Agreement, EMPLOYEE shall not be entitled to receive any additional compensation, bonuses, incentive compensation, employee benefits, or other consideration from the Bank. EMPLOYEE shall not be entitled to make contributions to the Bank 401(k) Savings Plan from payments comprising part of the Severance Benefits.
No Additional Compensation or Benefits. Xx. Xxxxxx and the Seattle Bank agree that, except as expressly set forth in this Agreement, Xx. Xxxxxx shall not be entitled to receive any additional compensation, bonuses, incentive compensation, employee benefits, or other consideration from the Seattle Bank. Xx. Xxxxxx shall not be entitled to make contributions to the Seattle Bank 401(k) Savings Plan from the severance pay described in Subsection 3(a).
No Additional Compensation or Benefits. Except as expressly set forth in Section 3.7 of the Employment Agreement and except for (a) any vested benefits under any Company plans and (b) the continuation of health insurance benefits (i) for the period during which Executive continues to be employed by the Company or (ii) if not so employed, on the terms and to the extent required by COBRA, the Company shall have no additional obligations upon and following the Effective Date with respect to any compensation or benefits payable to Executive, including with respect to any Base Salary and Annual Bonus amounts and severance benefits, except that (x) Executive shall remain eligible to receive any Annual Bonus in respect of calendar year 2021 based on achievement of the performance goals previously established by the Board of Directors (or a committee thereof) for such calendar year, to be paid at the same time as annual bonuses in respect of calendar year 2021 are paid to other senior executives of the Company, and in accordance with Section 2.2 of the Employment Agreement, and (y) if Executive’s service on the Board of Directors continues beyond December 31, 2023, then, commencing on January 1, 2024, Executive shall be entitled to receive any non-employee director compensation and benefits made available to the Company’s other non-employee directors then serving on the Board of Directors in accordance with the Company’s non-employee director compensation program as in effect from time to time. Notwithstanding the foregoing and for the avoidance of doubt, no provision of this Side Letter shall be construed to alter Executive’s eligibility to receive any remaining Equity Grants in accordance with Sections 2.4(a) and 3.7 of the Employment Agreement.
