Sole Entitlement Clause Samples
The Sole Entitlement clause establishes that a party is exclusively entitled to a specific right, benefit, or remedy under the agreement, to the exclusion of any other rights or claims. In practice, this means that if a contract grants a party sole entitlement to compensation for a particular event, no other party can claim that compensation, and the entitled party cannot seek additional remedies beyond what is specified. This clause is used to prevent overlapping claims and to ensure clarity about who is eligible for certain benefits, thereby reducing disputes and allocating rights unambiguously.
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Sole Entitlement. Executive acknowledges and agrees that no other monies or benefits are owing to Executive except as set forth in the Agreement or except as are due under the Sale Bonus Plan.
Sole Entitlement. Former Employee acknowledges and agrees that his sole entitlement to compensation, payments of any kind, monetary and nonmonetary benefits and perquisites with respect to his prior Tekelec relationship (as an officer and employee) is as set forth in the Severance Plan, this Agreement, the Company’s bonus plan for officers as in effect from time to time, stock option and warrant agreements, COBRA, and such other written agreements and securities between Tekelec and Former Employee as may exist or as may be set forth on Exhibit B hereto.
Sole Entitlement. Employee acknowledges and agrees that no other monies or benefits are owing to Employee except as set forth in the Agreement.
Sole Entitlement. Where the Agreement is terminated in accordance with Clause 61.1, the Consultant acknowledges and agrees that it is not entitled to any other compensation or to make any other Claim against the Client, except as provided in Clause 61.3.
Sole Entitlement. Associate acknowledges and agrees that no other monies or benefits are owing to Associate except as set forth in the Agreement.
Sole Entitlement. Employee acknowledges and agrees that no other monies or benefits other than 1) those set forth in this Agreement and 2) ▇▇▇▇▇▇▇ Corporation Retirement Savings Plan [401(k)] and Employee Stock Ownership Plan benefits, if any, are owing to Employee.
Sole Entitlement. ▇▇▇▇ agrees that his sole entitlement to compensation, payments of any kind, monetary and/or non-monetary benefits and/or perquisites with respect to his employment with and his services rendered to, and all other matters between ▇▇▇▇ and, the Company and the subsidiaries or affiliated corporations of the Company, is as expressly set forth in this Agreement. Payment by a third party of any consideration due to ▇▇▇▇ under this Agreement shall be treated for all purposes hereunder as a payment of such consideration by the Company.
Sole Entitlement. Executive agrees that his sole entitlement to compensation, including base salary and any bonus or other payments of any kind, monetary or nonmonetary benefits, equity grants or perquisites, with respect to his employment with or his services rendered to the Company, and all other matters between Executive and the Company and its subsidiaries, including but not limited to, any and all rights or claims arising from or relating to the Employment Agreement, is as expressly set forth in this Agreement or as otherwise may be provided to Executive in his capacity as a director of the Company.
Sole Entitlement. Except as otherwise expressly mandated by the ---------------- provision of the applicable benefit plans or programs of Company or its Affiliates in which Employee is a participant or mandated by law, the compensation and benefits provided above in this Section 4.2 shall constitute the exclusive compensation and benefits to which Employee and his beneficiaries shall be entitled in the event of Employee's termination of employment, and Company and its Affiliates shall not have any further obligation to Employee.
Sole Entitlement. The Wife shall be entitled to claim the dependency exemption for ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ commencing in 2018 and continuing in all future years.