Common use of Termination of All Existing Agreements Clause in Contracts

Termination of All Existing Agreements. Except as otherwise expressly provided herein, all rights and obligations of the Company and Employee under any employment agreement Employee may have had with the Company, and any other agreement, arrangement, obligation or understanding between the Company and Employee are hereby cancelled and terminated as of the Termination Date without liability of any party thereunder.

Appears in 1 contract

Samples: Separation Agreement and Mutual (Starwood Hotel & Resorts Worldwide Inc)

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Termination of All Existing Agreements. Except as otherwise expressly provided herein, all rights and obligations of the Company and Employee under any employment agreement Employee may have had with the Company, and any other agreement, arrangement, obligation or understanding between the Company and Employee (other than the Indemnification Agreement and any other rights to indemnification provided to Employee under any agreement or other obligation of the Company) are hereby cancelled and terminated as of the Termination Retirement Date without liability of any party thereunder.

Appears in 1 contract

Samples: Retirement Agreement and Mutual (Starwood Hotel & Resorts Worldwide, Inc)

Termination of All Existing Agreements. Except as otherwise expressly provided herein, all rights and obligations of the Company and the Employee under the Employment Agreement and any employment agreement Employee may have had with the Company, and any other agreement, arrangement, obligation or understanding between the Company and the Employee are hereby cancelled canceled and terminated as of the Termination Date without liability of any party thereunder.

Appears in 1 contract

Samples: Separation Agreement (Starwood Hotels & Resorts)

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Termination of All Existing Agreements. Except as otherwise expressly provided herein, all rights and obligations of the Company and the Employee under any employment agreement Employee may have had with the CompanyEmployment Agreement, and any other agreement, arrangement, obligation arrangement or understanding between the Company and the Employee are hereby cancelled canceled and terminated as of the Termination Date without liability of any party thereunder.

Appears in 1 contract

Samples: Separation Agreement (Starwood Hotels & Resorts)

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