Common use of Salary and Benefits Clause in Contracts

Salary and Benefits. All Salary and Benefits shall cease at the time of such termination, subject to the requirements of applicable law. Except as specifically set forth in this Section 8.2, the Company shall have no liability or obligation hereunder by reason of or subsequent to such termination.

Appears in 15 contracts

Samples: Executive Employment Agreement (Advancis Pharmaceutical Corp), Executive Employment Agreement (Advancis Pharmaceutical Corp), Executive Employment Agreement (Advancis Pharmaceutical Corp)

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Salary and Benefits. All Salary Salary, Benefits and Benefits Bonuses shall cease at the time of such termination, subject to the requirements of applicable law. Except as specifically set forth in this Section 8.25.3, the Company shall have no liability or obligation hereunder by reason of or subsequent to such termination.

Appears in 5 contracts

Samples: Executive Employment Agreement (Tetralogic Pharmaceuticals Corp), Executive Employment Agreement (Tetralogic Pharmaceuticals Corp), Executive Employment Agreement (Tetralogic Pharmaceuticals Corp)

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Salary and Benefits. All Salary and Benefits shall cease at the time of such termination, subject to the requirements of applicable law. Except as specifically set forth in this Section 8.2, the Company shall have no liability or obligation hereunder by reason of or subsequent to such termination. Without limiting the generality of the foregoing sentence, Employee shall not be entitled to receive severance pay in the event of a termination under this section 8.2 or any other compensation or benefits.

Appears in 1 contract

Samples: Executive Employment Agreement (Advancis Pharmaceutical Corp)

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