Common use of NO OTHER ENTITLEMENT TO BENEFITS UNDER AGREEMENT Clause in Contracts

NO OTHER ENTITLEMENT TO BENEFITS UNDER AGREEMENT. Except as set forth in Section 7 or Section 8 of this Agreement, following a termination governed by Section 7 or Section 8, the Executive shall not be entitled to any other compensation or benefits, except as may be separately negotiated by the parties and approved by the Board of Directors of the Company in writing in conjunction with the termination of Executive's employment.

Appears in 26 contracts

Samples: Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Mortgage Management Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!