No Additional Payments or Benefits. Employee agrees and understands that the consideration set forth in Section 2 above is not required by the Company’s policies and procedures or by any prior agreement between Employee and the Company. Employee acknowledges and agrees that Employee will receive no additional payments or benefits other than as set forth in this Agreement, unless such payment or benefit is a vested benefit or required by law. The parties acknowledge that all outstanding equity awards held by the Employee continue to be governed by the terms of such awards, and all unvested equity awards will be forfeited as of the Separation Date. Employee acknowledges and agrees that Employee is solely and entirely responsible for the payment and discharge of all federal, state, and local taxes, if any, that may at any time be found to be due upon or as a result of any amount that is paid to Employee by the Company under this Agreement and agrees to indemnify and hold the Company harmless should the IRS determine taxes are due as a result of any failure by Employee to pay taxes due, the exception being the Company’s share for FICA and any other employer tax.
No Additional Payments or Benefits. You acknowledge and agree that you will receive no additional payments or benefits other than as set forth herein or as required by law.
No Additional Payments or Benefits. Except as expressly set forth in Section 2 above or in this Section 3, you will not be entitled to any payments or benefits following the Separation Date.
No Additional Payments or Benefits. Employee acknowledges and agrees that the Employee will receive no additional payments or benefits other than as set forth herein or as required by law. The parties acknowledge that all outstanding equity awards held by the Employee shall be governed by the terms of such awards, with 25% of the Employee’s restricted stock award dated July 24, 2008 scheduled to vest on August 15, 2010 and all other unvested equity awards to be forfeited as of the Separation Date. Nothing in this Agreement shall affect Employee’s rights or the Company’s obligations under the restricted stock award dated July 24, 2008.
No Additional Payments or Benefits. Except as expressly provided herein, Employee will not receive any additional compensation, severance or benefits of any kind after the date of termination.
No Additional Payments or Benefits. You acknowledge and agree that you will receive no additional payments or benefits other than as set forth in this Agreement, any employee benefit plan of the Company, or as required by law.
No Additional Payments or Benefits. You acknowledge and agree that the above benefits are inclusive of any absence-related, severance or incentive pay that you are or may be entitled to. You further acknowledge and agree that you are not eligible for and/or will not be receiving any other payments of any kind, except any vested benefits to which you are otherwise entitled.
No Additional Payments or Benefits. Employee acknowledges and agrees that the Employee will receive no additional payments or benefits other than as set forth herein or as required by law.
No Additional Payments or Benefits. Executive agrees that any other payments, benefits or other remuneration from the Company, not listed in paragraphs 1, 2, 3, 4, or 5 above, shall cease as of November 1, 2001.
No Additional Payments or Benefits. I acknowledge that upon receipt of my regular salary and benefits through my Termination Date, and any accrued and unused vacation pay, I have or will have received all salary, wages, bonuses, commissions, incentives, benefits or other compensation due to me for services rendered to and duties performed for the Company, and that the Severance Pay and Benefits set forth above is in excess of anything owed to me by the Company. I further specifically acknowledge that the Company has granted to me all leave rights to which I believe I am entitled and that my leave rights under the Family and Medical Leave Act and other applicable laws and the Company’s policies have been fully respected and honored by the Company. I understand that my rights under COBRA shall be the same as any other terminating employee, with the exception that the Company will pay my health insurance premiums under the terms set forth above.
