Common use of Obligations Upon Expiration Clause in Contracts

Obligations Upon Expiration. If either Party causes the termination of this Agreement at the scheduled end of the Initial or any Renewal Term as provided in Section 5.4, the Company shall have no further obligation to pay any compensation of any nature whatsoever to the Employee, other than any amounts already earned by but not yet paid to Employee.

Obligations Upon Expiration. If either Party causes the termination expiration of this Agreement at the scheduled end of the Initial or any Renewal Term as provided in Section 5.4this Paragraph, the Company shall have no further obligation to pay any compensation of any nature whatsoever to the Employee, other than any amounts already earned by but not yet paid to Employee.