Common use of No Other Payments Clause in Contracts

No Other Payments. Except as expressly provided in Sections 2(a), (b) and(c) above, upon Executive’s termination of employment with the Company, Executive shall have no rights to any payments or benefits in connection with Executive’s employment with the Company or the termination thereof, including without limitation, rights to any salary, bonuses, employee benefits or other compensation which would have accrued or become payable after the termination or expiration of the Employment Period, other than those expressly required under applicable law (e.g., COBRA). In the event of a termination of Executive’s employment with the Company, Executive’s sole and exclusive remedy shall be to receive the payments and benefits described in this Section 2.

Appears in 5 contracts

Samples: Change in Control Severance Benefits Agreement (Rentech, Inc.), Change in Control Severance Benefits Agreement (Rentech, Inc.), Change in Control Severance Benefits Agreement (Rentech, Inc.)

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No Other Payments. Except as expressly provided in Sections 2(a), 4(a) and (b) and(c) above, upon Executive’s termination of employment with the Company, Executive shall have no rights to any payments or benefits in connection with Executive’s employment with the Company or the termination thereof, including without limitation, rights to any salary, bonuses, employee benefits or other compensation which would have accrued or become payable after the termination or expiration of the Employment Period, other than those expressly required under applicable law (e.g., COBRA). In the event of a termination of Executive’s employment with the Company, Executive’s sole and exclusive remedy shall be to receive the payments and benefits described in this Section 24.

Appears in 3 contracts

Samples: Employment Agreement (Rentech Nitrogen Partners, L.P.), Employment Agreement (Rentech Nitrogen Partners, L.P.), Employment Agreement (Rentech Nitrogen Partners, L.P.)

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No Other Payments. Except as expressly provided in Sections 2(a), (b) and(cand (c) above, upon Executive’s termination of employment with the Company, Executive shall have no rights to any payments or benefits in connection with Executive’s employment with the Company or the termination thereof, including without limitation, rights to any salary, bonuses, employee benefits or other compensation which would have accrued or become payable after the termination or expiration of the Employment Period, other than those expressly required under applicable law (e.g., COBRA). In the event of a termination of Executive’s employment with the Company, Executive’s sole and exclusive remedy shall be to receive the payments and benefits described in this Section 2.

Appears in 2 contracts

Samples: Change in Control Severance Benefits Agreement (Rentech Nitrogen Partners, L.P.), Change in Control Severance Benefits Agreement (Rentech Nitrogen Partners, L.P.)

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