Common use of No Additional Severance Clause in Contracts

No Additional Severance. Executive hereby agrees that no severance compensation of any kind, nature or amount shall be payable to Executive, except as expressly set forth in this Section 2.4, and Executive hereby irrevocably waives any claim for any other severance compensation.

Appears in 14 contracts

Samples: Employment Agreement (BioScrip, Inc.), Executive Employment Agreement (Orchids Paper Products CO /DE), Employment Agreement (MGP Ingredients Inc)

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No Additional Severance. Executive hereby agrees that no severance compensation of any kind, nature or amount shall be payable to Executive, except as expressly set forth in this Section 2.4, 2.4 and Executive hereby irrevocably waives any claim for any other severance compensation.

Appears in 2 contracts

Samples: Executive Employment Agreement (APi Group Corp), Executive Employment Agreement (Platform Specialty Products Corp)

No Additional Severance. Executive hereby agrees that no severance compensation of any kind, nature or amount shall be payable to Executive, except as expressly set forth in this Section 2.42.4 or in the Change of Control Agreement, as applicable, and Executive hereby irrevocably waives any claim for any other severance compensation. Notwithstanding anything herein to the contrary, Executive shall not be entitled to any severance payment under this Agreement if he becomes entitled to any termination payments or other severance payments under the Change of Control Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Sigma Aldrich Corp), Executive Employment Agreement (Sigma Aldrich Corp)

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No Additional Severance. Executive hereby agrees that no severance compensation of any kind, nature or amount shall be payable to Executive, except as expressly set forth in this Section 2.42.5, and Executive hereby irrevocably waives any claim for any other severance compensation.

Appears in 1 contract

Samples: Executive Employment Agreement (Primus Telecommunications Group Inc)

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