No Other Amounts Owed. Employee understands and agrees that, except as provided above, Employee has no rights to or claims to any other compensation or benefits, including but not limited to under any other bonus or incentive compensation plans of any type, including, but not limited to, the MIP, the nVent Equity Plan, the Pentair Equity Plans or any other plan with respect to options, restricted stock units or performance units.
No Other Amounts Owed. Landlord hereby acknowledges that except for the Back Rent Notes issued hereunder and the continuing obligations under the leases between Landlord and Nationwide for the properties located in City of Industry, CA and Benicia, CA, Nationwide owes no further amounts to Landlord in respect of any lease between the parties or their respective affiliates.
No Other Amounts Owed. Executive acknowledges that the Company has paid all regular wages earned by the Executive up through and including the Separation Date. Executive further acknowledges and agrees that no additional compensation or benefits are currently or will be due to Executive from the Company except as expressly set forth in this Agreement.
No Other Amounts Owed. Executive acknowledges receipt of all accrued but unpaid salary and accrued but unused paid time off earned through December 31, 2011. Executive may submit any expenses incurred in accordance with the Company’s applicable policies for reimbursement by January 31, 2012 and the Company shall reibmurse such expenses. Executive acknowledges and agrees that, except as expressly set forth in the prior sentence and in Section 2, above, no amounts are owed to Executive, whether in cash, stock or otherwise. Without limitation, Executive acknowledges and agrees that he shall not be eligible for a bonus under the Company’s management incentive plan or any other plan or arrangement, and further acknowledges and agrees that all equity incentive awards previously granted to him will cease vesting as of the Termination Date and that he may exercise such awards solely as set forth in the applicable plans/agreement and the Company’s policies relating thereto; and that all unvested equity rights awarded to Executive have been cancelled on the Termination Date.
No Other Amounts Owed. Executive acknowledges receipt of all accrued but unpaid salary and accrued but unused paid time off earned through July 1, 2010. Executive acknowledges and agrees that the Company has fully met its obligations set forth in the Employment Agreement and that, except as expressly set forth in Section 2, above, no amounts are owed to Executive, whether in cash, stock or otherwise. Without limitation, Executive acknowledges and agrees that he shall not be eligible for a bonus other than as expressly set forth in Section 2.2, and further acknowledges and agrees that he is not entitled to exercise any stock options or obtain restricted stock, and that all equity rights awarded to Executive have been cancelled unvested on the Termination Date.
