Common use of Prior Rights and Obligations Clause in Contracts

Prior Rights and Obligations. Except as herein set forth, this Agreement and Release extinguishes all rights, if any, which Executive may have, and obligations, if any, Newfield may have, contractual or otherwise, relating to the employment or termination of employment of Executive with Newfield or any of the other Newfield Parties (as defined in Paragraph 7 below) including without limitation, all rights or benefits he may have under any employment contract, incentive compensation plan, bonus plan or stock option plan with any Newfield Party.

Appears in 19 contracts

Samples: Change of Control Severance Agreement (Newfield Exploration Co /De/), Change of Control Severance Agreement (Newfield Exploration Co /De/), Change of Control Severance Agreement (Newfield Exploration Co /De/)

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