Common use of Additional Benefit Clause in Contracts

Additional Benefit. Employee represents and agrees that the Company’s payment of the Severance described above is not required by any agreement or by any of the Company’s policies or procedures or by any act or omission by the Company or any Releasee, or any of them. Employee understands that the Severance is an additional benefit for which Employee is not eligible unless Employee elects to sign this Agreement.

Appears in 3 contracts

Sources: Severance Agreement (KushCo Holdings, Inc.), Severance Agreement (KushCo Holdings, Inc.), Severance Agreement (Crimson Wine Group, LTD)