Common use of No Additional Payments Clause in Contracts

No Additional Payments. Upon termination of the Executive's employment hereunder, the Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, excepts for any benefits which may be due to the Executive in the normal course under any Executive benefit plan or program of the Company which provides for benefits after termination of employment. The Executive's right to receive payments or benefits under the Agreement upon termination of employment will cease if the Executive breaches any provision of Section V below.

Appears in 3 contracts

Samples: Employment Agreement (Island Residences Club, Inc.), Employment Agreement (Island Residences Club, Inc.), Employment Agreement (Island Residences Club, Inc.)

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No Additional Payments. Upon termination of the Executive's ’s employment hereunder, the Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, excepts except for any benefits which may be due to the Executive in the normal course under any Executive benefit plan or program of the Company which provides for benefits after termination of employmentemployment except for the Severance Payment as listed in Section I above. The Executive's ’s right to receive payments or benefits under the this Agreement upon termination of employment will cease if the Executive breaches any provision of Section V below.

Appears in 2 contracts

Samples: Employment Agreement (Energy King, Inc.), Employment Agreement (Network Installation Corp)

No Additional Payments. Upon termination of the Executive's employment hereunder, the Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, excepts for any benefits which may be due to the Executive in the normal course under any Executive benefit plan or program of the Company which provides for benefits after termination of employment. The Executive's right to receive payments or benefits under the Agreement upon termination of employment will cease if the Executive breaches any provision of Section V below.

Appears in 1 contract

Samples: Employment Agreement (Island Residences Club, Inc.)

No Additional Payments. Upon termination of the Executive's employment hereunder, the Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, excepts except for any benefits which may be maybe due to the Executive in the normal course under any Executive benefit plan or program of the Company which provides for benefits after termination of employment. The Executive's right to receive payments or benefits under the this Agreement upon termination of employment will cease if the Executive breaches any provision of Section V below.. V.

Appears in 1 contract

Samples: Employment Agreement (Network Installation Corp)

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No Additional Payments. Upon termination of the Executive's ---------------------- employment hereunder, the Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, excepts except for any benefits which may be due to the Executive in the normal course under any Executive benefit plan or program of the Company which provides for benefits after termination of employment. The Executive's right to receive payments or benefits under the this Agreement upon termination of employment will cease if the Executive breaches any provision of Section V below.

Appears in 1 contract

Samples: Employment Agreement (Network Installation Corp)

No Additional Payments. Upon termination of the Executive's employment hereunder, the Executive shall not be entitled to any severance payments or severance benefits from the Company or any payments by the Company on account of any claim for wrongful termination, including but not limited to claims under any federal, state or local human and civil rights or labor laws, excepts except for any benefits which may be due to the Executive in the normal course under any Executive benefit plan or program of the Company which provides for benefits after termination of employment. The Executive's right to receive payments or benefits under the this Agreement upon termination of employment will cease if the Executive breaches any provision of Section V below.

Appears in 1 contract

Samples: Employment Agreement (Network Installation Corp)

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