Common use of Full Satisfaction Clause in Contracts

Full Satisfaction. Employee acknowledges that the payment by Unitek of the amounts specified in this Section 7 shall constitute full and final satisfaction of any entitlement that Employee may have arising from, or in any way related to, Employee’s employment hereunder, including the termination of such employment; provided, however, that, except as expressly set forth in this Section 7, Employee’s rights with respect to any award of Time-Based Vesting Securities or other incentive securities shall be governed by the terms and conditions set forth in the applicable plan under which such award was made.

Appears in 6 contracts

Samples: Employment Agreement (UniTek Global Services, Inc.), Employment Agreement (UniTek Global Services, Inc.), Employment Agreement (UniTek Global Services, Inc.)

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Full Satisfaction. Employee acknowledges that the payment by Unitek of the amounts specified in this Section 7 shall constitute full and final satisfaction of any entitlement that Employee may have arising from, or in any way related to, Employee’s employment hereunder, including the termination of such employment; provided, however, that, except as expressly set forth in this Section 7, that Employee’s rights with respect to any award of Time-Based Vesting Securities or other incentive securities the Award and the options granted thereunder shall be governed by the terms and conditions set forth in the applicable plan under which Unitek Holdings, Inc. Equity Incentive Plan and such award was madeAward.

Appears in 4 contracts

Samples: Employment Agreement (UniTek Global Services, Inc.), Employment Agreement (Berliner Communications Inc), Employment Agreement (Berliner Communications Inc)

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