Common use of Waiver of Additional Compensation or Benefits Clause in Contracts

Waiver of Additional Compensation or Benefits. The Termination Benefits to be paid to Employee under Section 3 above constitute the entire amount of compensation and consideration due to Employee under this Agreement or any other agreement, policy, plan or arrangement of CGG providing for severance or separation benefits, and Employee acknowledges that he has no right to seek, and will not seek, any additional or different compensation or consideration for executing or performing under this Agreement. Notwithstanding any provision in this Agreement to the contrary, this Agreement does not replace, reduce or waive any rights Employee has under the Employment Agreement or with respect to vested and accrued benefits under any incentive or equity participation plan of CGG or its Affiliates, and other applicable plans, if any.