Common use of NO OTHER AMOUNTS OR BENEFITS DUE EMPLOYEE Clause in Contracts

NO OTHER AMOUNTS OR BENEFITS DUE EMPLOYEE. Employee acknowledges that there are no other sums due Employee for salary, overtime, vacation, sick pay, severance pay, change-in-control pay, bonuses or other compensation or benefits by the Company or any of its predecessors or their affiliates except for: (a) the Basic Termination Benefits set forth in Part II, (b) the Severance Benefits, (c) any compensation to be paid prior to the Severance Date, (d) Employee's vested and accrued benefits (if any), as discussed more fully in Section II.4 above, and (e) rights to indemnification and directors' and officers' liability insurance pursuant to the Company's organizational documents, written agreement or otherwise. Without limitation, Employee acknowledges that there are no other amounts due Employee pursuant to the items noted in Recital A of this Agreement.

Appears in 4 contracts

Samples: Severance Agreement (Finova Group Inc), Severance Agreement (Finova Group Inc), Severance Agreement (Finova Group Inc)

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NO OTHER AMOUNTS OR BENEFITS DUE EMPLOYEE. Employee acknowledges that there are no other sums due Employee for salary, overtime, vacation, sick pay, severance pay, change-in-control pay, bonuses or other compensation or benefits by the Company or any of its predecessors or their affiliates except for: (a) the Basic Termination Benefits set forth in Part II, (b) the Severance Benefits, (c) any compensation to be paid prior to the Severance Date, (d) Employee's vested and accrued benefits (if any), as discussed more fully in Section II.4 above, and (e) rights to indemnification and directors' and officers' liability insurance provided pursuant to the Company's organizational documents, written agreement or otherwise. Without limitation, Employee acknowledges that there are no other amounts due Employee pursuant to the items noted in Recital A of this Agreement.

Appears in 1 contract

Samples: Severance Agreement (Finova Group Inc)

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NO OTHER AMOUNTS OR BENEFITS DUE EMPLOYEE. Employee acknowledges ----------------------------------------- that there are no other sums due Employee for salary, overtime, vacation, sick pay, severance pay, change-in-control pay, bonuses or other compensation or benefits by the Company or any of its predecessors or their affiliates except for: (a) the Basic Termination Benefits set forth in Part II, (b) the Severance Benefits, (c) any compensation to be paid prior to the Severance Date, (d) Employee's vested and accrued benefits (if any), as discussed more fully in Section II.4 above, and (e) rights to indemnification and directors' and officers' liability insurance pursuant to the Company's organizational documents, written agreement or otherwise. Without limitation, Employee acknowledges that there are no other amounts due Employee pursuant to the items noted in Recital A of this AgreementEmployee's Compensation Agreement and Release dated March 19, 2001.

Appears in 1 contract

Samples: Severance Agreement (Finova Group Inc)

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