Common use of Rights and Obligations of Employee Upon Termination Clause in Contracts

Rights and Obligations of Employee Upon Termination. (i) Except for any termination by Employee pursuant to Section 5.1(d) above (in which event Employee shall be entitled to exercise any and all remedies he may have hereunder or otherwise, including at law or in equity), upon the termination of Employee's employment pursuant to Section 5.1 of this Agreement, Employer shall not have any further obligation to Employee under this Agreement except to distribute to Employee his Base Salary and other benefits and expense reimbursement and any earned and accrued unpaid vacation time due pursuant to Section 1.4 hereof (and accrued vacation pay, if any) up to the date of termination.

Appears in 4 contracts

Samples: Employment Agreement (Eif Holdings Inc), Employment Agreement (Eif Holdings Inc), Employment Agreement (Eif Holdings Inc)

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