Common use of Termination of Prior Agreements Clause in Contracts

Termination of Prior Agreements. This Agreement terminates and supersedes any and all prior agreements and understandings between the parties with respect to employment or with respect to the compensation of the Executive by the Company; provided, however, that if the Closing described in the Merger Agreement does not occur, then this Agreement is null and void ab initio and any prior agreements and understandings between the parties with respect to employment or with respect to the compensation of the Executive by the Company shall not be terminated, revoked or superseded by this Agreement and such prior agreements and understandings shall remain in full force and effect in accordance with their terms.

Termination of Prior Agreements. This Agreement constitutes the entire agreement between the parties and, as of the Effective Date, terminates and supersedes any and all prior agreements and understandings (whether written or oral) between the parties with respect to employment the subject matter of this Agreement. Executive acknowledges and agrees that neither the Company nor anyone acting on its behalf has made, and is not making, and in executing this Agreement, Executive has not relied upon, any representations, promises or with respect inducements except to the compensation of extent the Executive by the Company; provided, however, that if the Closing described same is expressly set forth in the Merger Agreement does not occur, then this Agreement is null and void ab initio and any prior agreements and understandings between the parties with respect to employment or with respect to the compensation of the Executive by the Company shall not be terminated, revoked or superseded by this Agreement and such prior agreements and understandings shall remain in full force and effect in accordance with their termsAgreement.

Termination of Prior Agreements. This Agreement terminates and supersedes any and all prior agreements and understandings between the parties with respect to Executive's employment or and compensation by the Company, but only with respect to the compensation of the Executive by the Company; provided, however, that if the Closing described in the Merger Agreement does not occur, then this Agreement is null and void ab initio and any prior agreements and understandings between the parties with respect to employment or with respect to the compensation of the Executive by the Company shall not be terminated, revoked or superseded by this Agreement and such prior agreements and understandings shall remain in full force and effect in accordance with their termsmatters expressly addressed herein.

Termination of Prior Agreements. This Agreement terminates and supersedes any and all prior agreements and understandings between the parties with respect to employment or with respect to the compensation of the Executive by the Company; provided, however, that if the Closing described in the Merger Agreement does not occur, then this Agreement is null and void ab initio AB INITIO and any prior agreements and understandings between the parties with respect to employment or with respect to the compensation of the Executive by the Company shall not be terminated, revoked or superseded by this Agreement and such prior agreements and understandings shall remain in full force and effect in accordance with their terms.