Common use of Termination/Expiration Clause in Contracts

Termination/Expiration. The provisions of this Section 3 do not in any way affect the Executive’s at will status as provided in Section 2. The Executive is entitled to no other payments, compensation, severance or benefits upon termination except as expressly stated in this Section 3. Upon termination or expiration/nonrenewal of this Agreement, the Executive is entitled to receive any unpaid Annual Base Salary due for the period prior to and through the date of termination, and following submission of proper expense reports by the Executive, reimbursement for all expenses properly incurred in accordance with Section 2.B(6) of this Agreement (jointly, the “Accrued Obligations”). Upon termination for any reason (except death) or expiration/nonrenewal of this Agreement, the Executive shall continue to be fully bound by the Continuing Obligations.

Appears in 4 contracts

Samples: Employment Agreement (First Watch Restaurant Group, Inc.), Employment Agreement (First Watch Restaurant Group, Inc.), Employment Agreement (First Watch Restaurant Group, Inc.)

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