Common use of No Other Compensation; Employee at Will Clause in Contracts

No Other Compensation; Employee at Will. (a) Except and to the extent specifically provided in Sections 2 and 3, above, no right, payment, compensation or benefit shall be conferred, due or payable to Executive, and no obligation or liability shall be due or owing by Asyst, under this Agreement or otherwise in respect of the conduct or termination of Executive’s employment in relation to a Change in Control. (b) Executive is and shall remain an “employee at will” at all times during the term of this Agreement and shall not have any right or expectation (reasonable or otherwise) to be retained or continue in the employ of Asyst. (c) Executive understands and expressly agrees, as a material inducement to Asyst to enter this Agreement, that Executive’s only right, claim, cause or action arising from termination or the affect of termination of his or her employment, whether by him, her or Asyst, or whether in the context of a Change in Control, at any time and for any reason, shall be limited to payment and recovery of the specific payments and benefits identified in Sections 2 and 3, above, and that Executive understands and agrees that he or she shall never raise or assert (and is estopped from ever raising or asserting) any other right, claim, cause or action arising from termination or the affect of termination of his or her employment.

No Other Compensation; Employee at Will. (a) Except and to the extent specifically provided in Sections 2 and 3Section 11, above, no right, payment, compensation or benefit shall be conferred, due or payable to ExecutiveSxxxxxxx, and no obligation or liability shall be due or owing by Asyst, under this Agreement or otherwise in respect of the conduct or termination of Executive’s Sxxxxxxx’x employment in relation to a Change in Control. (b) Executive at any time or for any reason). Sxxxxxxx is and shall remain an “employee at will” at all times during the term of this Agreement and shall not have any right or expectation (reasonable or otherwise) to be retained or continue in the employ of Asyst. (c) Executive . Sxxxxxxx understands and expressly agrees, as a material inducement to Asyst to enter this Agreement, that Executive’s Sxxxxxxx’x only right, claim, cause or action arising from termination or the affect of termination of his or her employment, whether by him, her Asyst or Asyst, or whether in the context of a Change in Control, at any time and for any reason, shall be limited to payment and recovery of the specific payments and benefits identified in Sections 2 and 3Section 11, above, and that Executive Sxxxxxxx understands and agrees that he or she shall never raise or assert (and is estopped from ever raising or asserting) any other right, claim, cause or action arising from termination or the affect of termination of his or her employment.

No Other Compensation; Employee at Will. (a) Except and to the extent specifically provided in Sections 2 and 3, above, no right, payment, compensation or benefit shall be conferred, due or payable to Executive, and no obligation or liability shall be due or owing by Asyst, under this Agreement or otherwise in respect of the conduct or termination of Executive’s employment in relation to a Change in Control.. Asyst CofC Executive Agreement (b) Executive is and shall remain an “employee at will” at all times during the term of this Agreement and shall not have any right or expectation (reasonable or otherwise) to be retained or continue in the employ of Asyst. (c) Executive understands and expressly agrees, as a material inducement to Asyst to enter this Agreement, that Executive’s only right, claim, cause or action arising from termination or the affect of termination of his or her employment, whether by him, her or Asyst, or whether in the context of a Change in Control, at any time and for any reason, shall be limited to payment and recovery of the specific payments and benefits identified in Sections 2 and 3, above, and that Executive understands and agrees that he or she shall never raise or assert (and is estopped from ever raising or asserting) any other right, claim, cause or action arising from termination or the affect of termination of his or her employment.