Common use of Waiver of Other Severance Benefits Clause in Contracts

Waiver of Other Severance Benefits. The Change of Control Severance Benefits and Standard Severance Benefits payable pursuant to this Agreement are in lieu of any and all other severance benefits that may otherwise be payable to the Executive upon termination of his or her employment for any reason, (including, without limitation, any benefits to which the Executive might otherwise have been entitled under the Stockholders Agreement, dated October 30, 1996, among the stockholders named therein and the Company, any employment agreement and any letter agreements to which the Executive is a party (collectively, "Contractual Benefits"), except those benefits which are to be made available to the Executive as required by applicable law, and Executive hereby waives all such Contractual Benefits in exchange for the Company's agreement to make the payments to be made hereunder.

Waiver of Other Severance Benefits. The Change of Control Severance Benefits and Standard Severance Benefits payable pursuant to this Agreement are in lieu of any and all other severance benefits that may otherwise be payable to the Executive upon termination of his or her employment for any reason, (including, without limitation, any benefits to which the Executive might otherwise have been entitled under the Stockholders Agreement, dated October 30, 1996, among the stockholders named therein and the Company, any employment agreement and any letter agreements to which the Executive is a party (collectively, "“Contractual Benefits"”), except those benefits which are to be made available to the Executive as required by applicable law, and Executive hereby waives all such Contractual Benefits in exchange for the Company's ’s agreement to make the payments to be made hereunder.