Full Satisfaction. The payments to be provided to the Executive pursuant to this Section 6 upon termination of the Executive’s employment shall constitute the exclusive payments in the nature of severance or termination pay or salary continuation that shall be due to the Executive upon a termination of employment, and shall be in lieu of any other such payments under any plan, program, policy, or other arrangement that has heretofore been or shall hereafter be established by the Company.
Appears in 6 contracts
Samples: Employment Agreement (Espey MFG & Electronics Corp), Employment Agreement (Espey MFG & Electronics Corp), Employment Agreement (Espey MFG & Electronics Corp)
