Statutory Benefit Rights Sample Clauses
The Statutory Benefit Rights clause defines the rights and entitlements that parties have under applicable laws, such as minimum wage, paid leave, or social security benefits. This clause typically clarifies that nothing in the agreement limits or overrides the statutory rights granted by law, ensuring that employees or parties continue to receive all legally mandated benefits regardless of the contract's terms. Its core function is to protect individuals from inadvertently waiving or losing legal protections, thereby ensuring compliance with employment or other relevant statutes.
Statutory Benefit Rights. Nothing in this Release is intended to release or waive the Executive’s right to COBRA or unemployment insurance benefits.
Statutory Benefit Rights. Nothing in this Separation Agreement is intended to release or waive the Executive’s right to elect continuation of group health plan coverage under the law known as COBRA or unemployment insurance benefits.