Common use of No Further Severance Clause in Contracts

No Further Severance. Except as explicitly set forth in this Agreement, Executive acknowledges and agrees that Executive is not entitled to receive any severance compensation or benefits from the Company. Executive hereby waives Executive’s right to receive any such severance not explicitly set forth in this Agreement and acknowledges that without this Agreement, Executive is not otherwise entitled to the consideration listed in this Section 1.

Appears in 2 contracts

Samples: Separation Agreement (Sierra Monitor Corp /Ca/), Separation Agreement (Sierra Monitor Corp /Ca/)

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No Further Severance. Except as explicitly set forth in this AgreementAgreement and the Supplemental Release, Executive acknowledges and agrees that Executive he is not entitled to receive any severance compensation or benefits from the Company. Executive hereby waives Executive’s his right to receive any such severance not explicitly set forth in this Agreement and acknowledges that without this Agreement, Executive he is not otherwise entitled to the consideration listed in this Section 1.

Appears in 1 contract

Samples: Separation Agreement (Dolby Laboratories, Inc.)

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No Further Severance. Except as explicitly set forth in this Agreement, Executive acknowledges and agrees that Executive he is not entitled to receive any severance compensation or benefits from the Company. Executive hereby waives Executive’s his right to receive any such severance not explicitly set forth in this Agreement and acknowledges that without this Agreement, Executive he is not otherwise entitled to the consideration listed in this Section 1.

Appears in 1 contract

Samples: Employment Agreement (Cypress Semiconductor Corp /De/)

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