Common use of Supersedes Prior Benefits Clause in Contracts

Supersedes Prior Benefits. The provisions of this Section 7 concerning payments to Employee upon termination of employment shall supersede and replace all other severance and termination arrangements in effect prior to or after the date hereof, including without limitation, the provisions of this Agreement shall supersede the Employee Manual where inconsistent. Whenever Section 7 of this Agreement requires or permits the payment of an amount of money calculated by reference to the Employee's base salary, the payment of such amount to Employee shall be deemed a severance and/or termination payment and shall not be deemed to extend the period of employment during the time which such payments are made or to require the provision of Employer of any benefits to Employee during such period of time, other than those benefits which may be required by applicable law to be provided.

Appears in 2 contracts

Samples: Employment Agreement (Clintrials Research Inc), Employment Agreement (Clintrials Research Inc)

AutoNDA by SimpleDocs

Supersedes Prior Benefits. The provisions of this Section 7 concerning payments to Employee upon termination of employment shall supersede and replace all other severance and termination arrangements in effect prior to or after the date hereof, including without limitation, the provisions of this Agreement shall supersede the Employee Manual where inconsistent. Whenever Section 7 of this Agreement requires or permits the payment of an amount of money calculated by reference to the Employee's base salary, the payment of such amount to Employee shall be deemed a severance and/or termination payment and shall not be deemed to extend the period of employment during the time which such payments payment are made or to require the provision of Employer of any benefits to Employee during such period of time, other than those benefits which may be required by applicable law to be provided.

Appears in 1 contract

Samples: Employment Agreement (Clintrials Research Inc)

AutoNDA by SimpleDocs

Supersedes Prior Benefits. The provisions of this Section 7 concerning payments to Employee upon termination of employment shall supersede and replace all other severance and termination arrangements agreements in effect prior to or after the date hereof, including without limitation, the provisions of this Agreement shall supersede the Employee Manual where inconsistent. Whenever Section 7 of this Agreement requires or permits the payment of an amount of money calculated by reference to the Employee's base salary, the payment of such amount to Employee shall be deemed a severance and/or termination payment and shall not be deemed to extend the period of employment during the time which such payments are made or to require the provision of Employer of any benefits to Employee during such period of time, other than those benefits which may be required by applicable law to be provided.

Appears in 1 contract

Samples: Employment Agreement (Clintrials Research Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.