Common use of Severance Compensation and Benefits Clause in Contracts

Severance Compensation and Benefits. Not in Derogation of Other ------------------------------------------------------------------ Benefits. Anything to the contrary herein contained notwithstanding, the payment -------- or obligation to pay any monies, or granting of any benefits, rights or privileges to Executive as provided in this Agreement shall not be in lieu or derogation of the rights and privileges that the Executive now has or will have under any plans or programs of or agreements with the Company, except that if the Executive received any payment hereunder, he shall not be entitled to any payment under the Company's severance policies for officers and employees.

Severance Compensation and Benefits. Not in Derogation of Other ------------------------------------------------------------------ --------------------------------------------------------------- Benefits. Anything to the contrary herein contained notwithstanding, the payment -------- or obligation to pay any monies, or granting of any benefits, rights or privileges to Executive as provided in this this/her Agreement shall not be in lieu or derogation of the rights and privileges that the Executive now has or will have under any plans or programs of or agreements with the Company, except that if the Executive received any payment hereunder, he he/she shall not be entitled to any payment under the Company's severance policies for officers and employees.

Severance Compensation and Benefits. Not in Derogation of Other ------------------------------------------------------------------ -------------------------------------------------------------- Benefits. Anything to the contrary herein contained notwithstanding, the payment -------- or obligation to pay any monies, or granting of any benefits, rights or privileges to Executive as provided in this Agreement shall not be in lieu or derogation of the rights and privileges that the Executive now has or will have under any plans or programs of or agreements with the Company, except that if the Executive received any payment hereunder, he shall not be entitled to any payment under the Company's severance policies policy for officers and employeesdirectors.