Common use of TERM AND APPLICATION Clause in Contracts

TERM AND APPLICATION. The Term of this Termination Agreement shall be the same (subject to earlier termination in accordance with Section 5) as for the Employment Agreement between the Company and the Executive ("Employment Agreement"); provided, however, notwithstanding the term of the Employment Agreement, on or after the Extension Date (as defined in Section 9(d) of this Termination Agreement), the Term of this Termination Agreement shall be the Extended Employment Period (as defined in the Employment Agreement). Notwithstanding the Employment Agreement, the terms and provisions of this Termination Agreement shall also apply on and after the Extension Date; where specifically in conflict with the Employment Agreement, shall supersede the Employment Agreement; and in no event shall Executive receive benefits under both this Termination Agreement and the Employment Agreement with respect to the same Date of Termination.

Appears in 6 contracts

Samples: Termination and Change of Control Agreement (Walbro Corp), Termination and Change of Control Agreement (Walbro Corp), Termination and Change of Control Agreement (Walbro Corp)

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