No Further Compensation or Benefits Sample Clauses

No Further Compensation or Benefits. It is the intention of the parties that all obligations they are undertaking in settlement of their disputes are fully set forth in this Agreement, together with the Exhibits hereto, and that, notwithstanding anything to the contrary set forth in the Employment Agreement or elsewhere, no further compensation or benefits shall be due Executive from the Company or any of its Affiliated Parties. Executive and the Company each shall bear their own expenses incurred in connection with the negotiation and preparation of the Agreement.
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No Further Compensation or Benefits. Employee acknowledges that the payments and arrangements described in paragraph 2 above shall constitute full and complete satisfaction of any and all compensation and benefit amounts properly due and owing to Employee as a result of employee’s employment with Maximus and the termination of that employment, and that the amount described under paragraph 2 above represents consideration greater than that to which Employee would be entitled upon termination of employment in the absence of this Agreement. The parties expressly acknowledge and agree that the payments and arrangements made pursuant to this Agreement shall not be construed or interpreted as an admission of any fault or liability on the part of either party.
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No Further Compensation or Benefits. No Mitigation. Concurrently with the execution of this Separation Agreement, Executive and the Company will also execute a consulting agreement attached hereto as Attachment E. Other than as expressly provided in this Separation Agreement, including the attachments hereto (including Attachment B and Attachment E), or as otherwise provided under applicable law, Executive is not entitled to any additional compensation or benefits from the Company or any of its Affiliates following the Separation Date; provided, however, that, in the event a Change of Control (as defined in the ESP) occurs on or prior to the six (6)-month anniversary of the Separation Date, Executive will be eligible for the payments and benefits set forth in Sections 3.2 and 3.7 of the ESP. For the sake of clarity, except as set forth herein nothing in this Separation Agreement, including the attachments hereto (including Attachment B and Attachment E), is intended to negate or otherwise adversely affect Executive’s rights under compensation, benefit and retirement plans and programs at the Company including, without limitation, the Xxxxx Healthcare Corporation Ninth Amended and Restated Supplemental Executive Retirement Plan, as amended and restated effective as of November 30, 2015 (the “SERP”), the Ninth Amended and Restated Xxxxx 2001 Deferred Compensation Plan, as amended and restated effective as of May 9, 2012 and the Fourth Amended and Restated Xxxxx 2006 Deferred Compensation Plan, as amended and restated effective as of November 30, 2015 (collectively, the “DCP”) and the 401(k) plan. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Separation Agreement, nor shall the amount of any payment hereunder be reduced by any compensation earned by the Executive as a result of employment by a subsequent employer, except as required by applicable law.
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No Further Compensation or Benefits. The Executive will not receive any compensation or benefits from Sharpridge, CYS or the Manager after the Separation Date, except as expressly hereinafter provided in this Separation Agreement. The Executive and each of Sharpridge, CYS and the Manager acknowledge and agree that valid consideration exists for the promises contained in this Separation Agreement.
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No Further Compensation or Benefits. Xx. Xxxxxxx’x eligibility for any compensation, benefits, bonuses or allowances other than as set forth in this Agreement shall terminate as of the Separation Date. The only exception is that Xx. Xxxxxxx retains his right to any retirement benefits in the Quad/Graphics Personal Enrichment Plan, the Qualified World Color Pension Plan, the World Color Restoration Plan, the New Non Qualified Deferred Comp Plan vested as of the Separation Date pursuant to the applicable plan documents. Further, Xx. Xxxxxxx agrees that he has been paid for all hours worked, including overtime, has not suffered any on-the job injury for which he has not already filed a claim, has received all vacation pay to which he was entitled, was allowed all leave to which he was entitled, and is not otherwise entitled to the payments and/or other benefits provided for by this Agreement.
Sample 1
No Further Compensation or Benefits. Employee agrees that this Agreement resolves all outstanding issues arising from his employment and Employee acknowledges and agrees that under this Agreement he will receive all compensation and benefits to which he would otherwise be entitled through the Retirement Date and shall receive no compensation or benefits from Employer beyond that, except as specifically set forth in this Agreement. Notwithstanding the foregoing, Employee shall remain eligible to receive director fees (whether in the form of cash or equity) in connection with his continuing service as a director of the AAON Companies. Employee acknowledges, agrees and expressly understands that he will not be entitled or otherwise eligible to receive any further employee incentive awards from the AAON Companies of any kind, including, without limitation the opportunity threshold bonus with respect to any portion of 2022.
Sample 1
No Further Compensation or Benefits. Employee acknowledges that, except as expressly provided in this Agreement, Employee is not owed and will not receive any additional compensation, severance, or benefits from the Company after the Retirement Date except that this Agreement shall not modify any rights Employee may have under paragraph 6.3 of his Employment Agreement, subject to the Company’s 2018 Equity Incentive Plan or 2014 Equity Incentive Plan and any Option Agreement promulgated thereunder. [***]. Employee further affirms that, as of the date of this Agreement, Employee has (A) been paid and/or has received all compensation, wages, bonuses, commissions, benefits and leave to which Employee may be entitled and that no other compensation, wages, bonuses, commissions, benefits, or leave are due to Employee, except as provided in this Agreement; (B) not sustained any known workplace injuries or otherwise suffered an occupational disease; (C) been provided and/or was not denied any leave to which Employee was entitled under the Family and Medical Leave Act or related state or local laws; and [***].
Sample 1
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No Further Compensation or Benefits. Other than the above, I will not receive any other or additional compensation, pay or benefits or benefit coverage under any other Employer health or benefit plans, and specifically agree and acknowledge that I am not entitled to nor will I receive any bonus. A. In General. I irrevocably and unconditionally release the Released Parties listed in Section 2(D) from all the claims described in Section 2(B) and 2(C) of this Agreement, whether known or unknown. However, I am not releasing my right to enforce this release or any other claims that cannot be lawfully waived, as further described below.
Sample 1

Related to No Further Compensation or Benefits

  • Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you will not receive any additional compensation, severance or benefits after the Separation Date.

  • No Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you have not earned and will not receive from the Company any additional compensation relating to or arising from employment with the Company (including base salary, bonus or incentive compensation), severance, or benefits before or after the Separation Date, with the exception of any vested right you may have under the express terms of a written ERISA-qualified benefit plan (e.g., 401(k) account).

  • No Further Claims (a) The parties bound by this agreement acknowledge that this Agreement settles all claims in relation to the terms and conditions of employment of the employees to whom it applies and agree that they will not pursue any extra claims during the term of this Agreement. (b) Subject to an employer meeting its obligations to consult arising under this Agreement or a contract of employment, it is not the intent of this provision to inhibit, limit or restrict an employer’s right or ability to introduce change at the workplace.

  • Other Compensation and Benefits Except as may be provided under this Agreement, any benefits to which Executive may be entitled through the date of Executive’s termination pursuant to the plans, policies and arrangements referred to in Section 4(d) shall be determined and paid in accordance with the terms of such plans, policies and arrangements, and except as otherwise provided by this Agreement, Executive shall have no right to receive any other compensation, or to participate in any other plan, arrangement or benefit, with respect to future periods after such termination or resignation.

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and long-term incentive plans which the Company or an affiliate of the Company may from time to time make available to the Employee, the Employee shall be entitled to the following during the Employment Term: (a) the standard Company benefits enjoyed by the Company’s other top executives as a group; (b) medical and other insurance coverage (for the Employee and any covered dependents) provided by the Company to its other top executives as a group; (c) supplemental disability insurance sufficient to provide two-thirds of the Employee’s pre-disability Annual Base Salary; (d) an annual incentive bonus opportunity under the Company’s annual incentive plan (“Annual Bonus Plan”) for each calendar year included in the Employment Term, with such opportunity to be earned based upon attainment of performance objectives established by the Committee (“Annual Bonus”). The Employee’s target Annual Bonus under the Annual Bonus Plan shall be no less than 150% of the Employee’s Annual Base Salary (collectively, the target and maximum are referred to as the “Annual Bonus Opportunity”). The Employee’s Annual Bonus Opportunity may be periodically reviewed and increased (but not decreased without the Employee’s express written consent) at the discretion of the Committee. The Annual Bonus shall be paid no later than the March 15th first following the calendar year to which the Annual Bonus relates. Unless provided otherwise herein or the Board determines otherwise, no Annual Bonus shall be paid to the Employee unless the Employee is employed by the Company, or an affiliate thereof, on the Annual Bonus payment date; and (e) participation in the Company’s equity incentive plans.

  • Executive Perquisites, Benefits and Other Compensation Executive shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below: (i) Payment of all premiums for coverage for Executive and his dependent family members under health, hospitalization, disability, dental, life and other insurance plans that the Company may have in effect from time to time, benefits provided to Executive under this clause (i) to be at least equal to such benefits provided to Metals executives. (ii) Reimbursement for all business travel and other out-of-pocket expenses reasonably incurred by Executive in the performance of his services pursuant to this Agreement. All reimbursable expenses shall be appropriately documented in reasonable detail by Executive upon submission of any request for reimbursement, and in a format and manner consistent with the Company's expense reporting policy. (iii) The Company shall provide Executive with other executive perquisites as may be available to or deemed appropriate for Executive by the Board and participation in all other Company-wide employee benefits as are available from time to time.

  • No Further Changes 2.1 Other than the specific amendment agreed upon herein, all other terms of the Employment Agreement shall remain unchanged, shall be in full force and effect, and shall govern this Amendment.

  • Other Company Benefits Executive and, to the extent applicable, Executive’s spouse, dependents and beneficiaries, shall be allowed to participate in all benefits, plans and programs, including improvements or modifications of the same, which are now, or may hereafter be, available to other executive employees of Company. Such benefits, plans and programs shall include, without limitation, any profit sharing plan, thrift plan, health insurance or health care plan, life insurance, disability insurance, pension plan, supplemental retirement plan, vacation and sick leave plan, and the like which may be maintained by Company. Company shall not, however, by reason of this paragraph be obligated to institute, maintain, or refrain from changing, amending, or discontinuing, any such benefit plan or program, so long as such changes are similarly applicable to executive employees generally.

  • No Further Rights After payment of the full amount of the liquidating distributions to which they are entitled, the holders of Series B Preferred Units will have no right or claim to any of the remaining assets of the Partnership.

  • Other Compensation Unless otherwise stated, this Agreement does not include the Agent’s service of preparing the Property for sale or refinance, modernization, fire or major damage restoration, rehabilitation, financial accounting or legal advice, representation before public agencies, advising on proposed new construction, debt collection, counseling, attending any Association or Condominium meetings, and any other obligation not listed as a Service. If the Owner requests the Agent to perform services not included in this Agreement, a fee shall be agreed upon before such services are performed.

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