Payment in Lieu of Contract Damages. The Severance Payment ----------------------------------- shall be in lieu of any further payments to the Executive and any further accrual of benefits with respect to periods subsequent to the date of the employment termination.
Appears in 3 contracts
Samples: Employment Agreement (Access Health Inc), Employment Agreement (Diva Systems Corp), Employment Agreement (Ia Corp)
Payment in Lieu of Contract Damages. The Severance Payment ----------------------------------- shall be in lieu of any further payments to the Executive Employee and any further accrual of benefits with respect to periods subsequent to the date of the employment termination.
Appears in 1 contract
Samples: Employment Agreement (Anergen Inc)
Payment in Lieu of Contract Damages. The Severance Payment shall ----------------------------------- shall be in lieu of any further payments to the Executive and any further accrual of benefits with respect to periods subsequent to the date of the employment termination.
Appears in 1 contract
Payment in Lieu of Contract Damages. The Severance Payment ----------------------------------- shall be in lieu of any further payments to the Executive Employee and any further accrual of benefits with respect to periods subsequent to the date of the employment termination. Notwithstanding the preceding sentence, neither the Severance Payment nor any other payments under this Section 7(a) shall reduce or offset any benefits the Employee may be entitled to under the specific terms of the benefit plans of the Company.
Appears in 1 contract
