Common use of Other Severance Arrangements Clause in Contracts

Other Severance Arrangements. 6.1 This Agreement constitutes the entire contract between the parties relating to the subject matter hereof and supersedes any and all prior agreements or understandings, written or oral, regarding the subject matter hereof. 6.2 Severance payments and benefits hereunder shall be in lieu of other severance or termination payments and benefits under any other severance plan, policy, agreement or arrangement of the Company or its affiliates or under any individual agreement, other than the 2001 Income Continuation Plan or Income Continuation Plan, in each case, if applicable. Any severance payments and benefits under this Agreement shall be reduced by the amount of any payments and benefits payable to you under the Income Continuation Plan.

Appears in 3 contracts

Samples: Severance Agreement (Readers Digest Association Inc), Severance Agreement (Readers Digest Association Inc), Severance Agreement (Readers Digest Association Inc)

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Other Severance Arrangements. 6.1 This Agreement constitutes the entire contract between the parties relating to the subject matter hereof and supersedes any and all prior agreements agreements, or understandings, written or oral, regarding relating to the subject matter hereof. 6.2 Severance payments and benefits hereunder shall be in lieu of other severance or termination payments and benefits under any other severance plan, policy, agreement or arrangement of the Company or its affiliates or under any individual agreement, other than the 2001 Income Continuation Plan or Income Continuation Plan, in each case, if applicable. Any severance payments and benefits under this Agreement shall be reduced by the amount of any payments and benefits payable to you under the Income Continuation Plan.

Appears in 2 contracts

Samples: Termination Agreement (Readers Digest Association Inc), Severance Agreement (Readers Digest Association Inc)

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