Common use of No Other Benefits or Compensation Clause in Contracts

No Other Benefits or Compensation. Except as may be provided under this Agreement, under any other written agreement between Executive and the Company, or under the terms of any plan or policy applicable to Executive, Executive shall have no right to receive any other compensation from the Company or any subsidiary or affiliate thereof, or to participate in any other plan, arrangement or benefit provided by the Company or any subsidiary or affiliate thereof, with respect to any future period after such termination or resignation. Except for any benefits Executive has vested in pursuant to Executive’s participation in SGC’s 401(k) Plan, which benefits shall be subject to the terms and conditions set forth in such plan, Executive acknowledges and agrees that he has received all salary, consulting, incentive compensation, severance or similar payments, equity-based awards and other compensation and benefits to which he may have been entitled to from the Company or any of its subsidiaries or affiliates as of the date of this Agreement (including any payments and benefits under the Prior Employment Agreement or the Prior Consulting Agreement), and Executive acknowledges and agrees that he is entitled to no other compensation or benefits from the Company or any of its subsidiaries or affiliates of any kind or nature whatsoever in respect of periods prior to the date of this Agreement.

No Other Benefits or Compensation. Except as may be provided under this Agreement, under any other written agreement between Executive and the Company, or under the terms of any plan or policy applicable to Executive, Executive shall have no right to receive any other compensation from the Company or any subsidiary or affiliate thereof, or to participate in any other plan, arrangement or benefit provided by the Company or any subsidiary or affiliate thereof, with respect to any future period after such termination or resignation. This Agreement supersedes the Prior Employment Agreement in all respects, which is hereby terminated. Except for any benefits Executive has vested in pursuant to Executive’s participation in SGC’s 401(k) Plan, which benefits shall be subject to the terms and conditions set forth in such plan, Executive acknowledges and agrees that he has received all salary, consulting, incentive compensation, severance or similar payments, equity-based awards and other compensation and benefits to which he may have been entitled to from the Company or any of its subsidiaries or affiliates as of the date of this Agreement (including any payments and benefits under the Prior Employment Agreement or the Prior Consulting Agreement), and Executive acknowledges and agrees that he is entitled to no other compensation or benefits from the Company or any of its subsidiaries or affiliates of any kind or nature whatsoever in respect of periods prior to the date of this Agreement.