Common use of Nonexclusive Rights Clause in Contracts

Nonexclusive Rights. Nothing in this Agreement shall prevent or limit the Executive's continuing or future participation in any benefit, bonus, incentive, retirement or other plan or program provided by the Company and for which the Executive may qualify, nor shall anything herein limit or reduce such rights as the Executive may have under any other agreement with, or plan, program, policy or practice of, the Company. Amounts which are vested benefits or which the Executive is otherwise entitled to receive under any agreement with, or plan, program, policy or practice of, the Company (including, without limitation, the cashout of unused vacation days upon termination of employment) shall be payable in accordance with such agreement, plan, program, policy or practice.

Appears in 7 contracts

Samples: Change of Control Agreement (Phoenix Group Corp), Change of Control Agreement (Phoenix Group Corp), Change of Control Agreement (Phoenix Group Corp)

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