Common use of Termination and Severance Benefits Clause in Contracts

Termination and Severance Benefits. The Release does not affect your vested rights and eligibility for benefits under the Company 40l(k) Plan, or any other employee benefit plan covered by ERISA (other than a severance plan). Eligibility for benefits under these plans is determined by the applicable plan documents. The Release does not affect your right to reimbursement of expenses incurred but not reimbursed prior to the date you sign the Release, subject to the Company’s expense reimbursement policies. In particular, this Release shall not affect your right to the payment provided in Sections 5, 6 and 7 of the Employment Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Forward Industries, Inc.), Employment Agreement (Forward Industries, Inc.), Employment Agreement (Forward Industries, Inc.)

AutoNDA by SimpleDocs

Termination and Severance Benefits. The Release does not affect your vested rights and eligibility for benefits under the Company 40l(k) Plan, or any other employee benefit plan covered by ERISA (other than a severance plan). Eligibility for benefits under these plans is determined by the applicable plan documents. The Release does not affect your right to reimbursement of expenses incurred but not reimbursed prior to the date you sign the Release, subject to the Company’s 's expense reimbursement policies. In particular, this Release shall not affect your right to the payment provided in Sections 5, 6 and 7 Section [5][6][7] of the Employment Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Forward Industries, Inc.), Employment Agreement (Forward Industries, Inc.)

Termination and Severance Benefits. The Release does not affect your vested rights and eligibility for benefits under the Company 40l(k401(k) Plan, or any other employee benefit plan covered by ERISA (other than a severance plan). Eligibility for benefits under these plans is determined by the applicable plan documents. The Release does not affect your right to reimbursement of expenses incurred but not reimbursed prior to the date you sign the Release, subject to the Company’s expense reimbursement policies. In particular, this Release shall not affect your right to the payment provided in Sections 5, 6 and 7 of the Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Forward Industries, Inc.)

AutoNDA by SimpleDocs

Termination and Severance Benefits. The Release does not affect your vested rights and eligibility for benefits under the Company 40l(k401(k) Plan, or any other employee benefit plan covered by ERISA (other than a severance plan). Eligibility for benefits under these plans is determined by the applicable plan documents. The Release does not affect your right to reimbursement of expenses incurred but not reimbursed prior to the date you sign the Release, subject to the Company’s 's expense reimbursement policies. In particular, this Release shall not affect your right to the payment provided in Sections 5, 6 and 7 Section [5][6][7] of the Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Forward Industries Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!