Common use of No Further Obligation Clause in Contracts

No Further Obligation. Upon any termination of employment, SynQuest and SynQuest's subsidiaries will have no further obligation to Executive except to pay Executive (or Executive's estate in the case of Executive's death) the compensation and other benefits provided in this Section 6. Amounts payable pursuant to this Section 6 are in lieu of any severance pay that would otherwise be payable to Executive upon termination of Executive's employment with SynQuest under SynQuest's severance pay policies.

No Further Obligation. Upon any termination of employment, SynQuest and SynQuest's subsidiaries will have no further obligation to Executive except to pay Executive (or Executive's estate in the case of Executive's death) the compensation and other benefits provided in this Section 68. Amounts payable pursuant to this Section 6 8 are in lieu of any severance pay that would otherwise be payable to Executive upon termination of Executive's employment with SynQuest under SynQuest's severance pay policies.