Common use of Termination of Compensation and Benefits Clause in Contracts

Termination of Compensation and Benefits. a) You acknowledge and agree that all of your compensation and employment-related benefits ended on the Separation Date or the last day of the month in which your employment ended, depending upon the benefit. You have or will receive additional information regarding the date on which each benefit ended as well as your rights to insurance continuation (at your expense) and your retirement benefits. To the extent that you have such rights, nothing in this Agreement will impair them.

Appears in 2 contracts

Samples: Separation Agreement and Release of All Claims (Financial Institutions Inc), Separation Agreement and Release of All Claims (Financial Institutions Inc)

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Termination of Compensation and Benefits. a) You acknowledge and agree that all of your compensation and employment-related benefits ended on the Separation Date or the last day of the month in which your employment ended, depending upon the benefit. You have or will receive additional information regarding the date on which each benefit ended as well as your rights to insurance continuation (at your expense) and your retirement benefits. To the extent that you have such rights, nothing in this Agreement will impair them.

Appears in 1 contract

Samples: Separation Agreement and Release of All Claims (Iec Electronics Corp)

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Termination of Compensation and Benefits. a) You acknowledge and agree that Except as specifically described in Paragraph 5 below, all of your compensation and employment-related benefits ended will end on either the Effective Separation Date or the last day of the month in which your employment ended, depending upon the benefit. You have or If not already provided, you will receive additional information regarding the date on which each benefit ended ends as well as your rights rights, if any, to insurance continuation (at your expense) and your retirement benefits). To the extent that you have such rights, nothing in this Agreement will impair them.

Appears in 1 contract

Samples: Separation Agreement and Release (Alteva, Inc.)

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