Common use of Compensation and Benefits Upon Termination Clause in Contracts

Compensation and Benefits Upon Termination. If Executive's employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, award or compensation other than as provided in this Agreement or otherwise agreed to in writing by the Company or as provided by applicable law. Upon termination of Executive's employment pursuant to any of the circumstances listed in Section 4, Executive (or Executive's estate) shall be entitled to receive the sum of: (i) the portion of Executive's Base Salary earned through the Separation Date, but not yet paid to Executive; (ii) any expense reimbursements owed to Executive pursuant to Section 3.2; and (iii) any amount accrued and arising from Executive's participation in, or benefits accrued under any employee benefit plans, programs or arrangements, which amounts shall be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements (collectively, the "Accrued Obligations"). Except as otherwise expressly required by law (e.g., COBRA) or as specifically provided herein, all of Executive's rights to salary, severance, benefits, bonuses and other compensatory amounts hereunder (if any) shall cease upon the termination of Executive's employment hereunder. In the event that Executive's employment is terminated by the Company for any reason, Executive's sole and exclusive remedy shall be to receive the payments and benefits described in this Section 5.

Compensation and Benefits Upon Termination. If Executive's ’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, award or compensation other than as provided in this Agreement or otherwise agreed to in writing by the Company or as provided by applicable law. Upon termination of Executive's ’s employment pursuant to any of the circumstances listed in Section 4, Executive (or Executive's ’s estate) shall be entitled to receive the sum of: (i) the portion of Executive's ’s Base Salary earned through the Separation Date, but not yet paid to Executive; (ii) any expense reimbursements owed to Executive pursuant to Section 3.2; and (iii) any amount accrued and arising from Executive's ’s participation in, or benefits accrued under any employee benefit plans, programs or arrangements, which amounts shall be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements (collectively, the "“Accrued Obligations"”). Except as otherwise expressly required by law (e.g., COBRA) or as specifically provided herein, all of Executive's ’s rights to salary, severance, benefits, bonuses and other compensatory amounts hereunder (if any) shall cease upon the termination of Executive's ’s employment hereunder. In the event that Executive's ’s employment is terminated by the Company for any reason, Executive's ’s sole and exclusive remedy shall be to receive the payments and benefits described in this Section 5.

Compensation and Benefits Upon Termination. If Executive's employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, award or compensation other than as provided in this Agreement or otherwise agreed to in writing by the Company or as provided by applicable law. Upon termination of Executive's ’s employment pursuant to any of the circumstances listed in Section 4, Executive (or Executive's ’s estate) shall be entitled to receive the sum of: (i) the portion of Executive's ’s Base Salary earned through the Separation Date, but not yet paid to Executive; (ii) any expense reimbursements owed to Executive pursuant to Section 3.2; and (iii) any amount accrued and arising from Executive's ’s participation in, or benefits accrued under any employee benefit plans, programs or arrangements, which amounts shall be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements (collectively, the "“Accrued Obligations"”). Except as otherwise expressly required by law (e.g., COBRA) or as specifically provided herein, all of Executive's ’s rights to salary, severance, benefits, bonuses and other compensatory amounts hereunder (if any) shall cease upon the termination of Executive's ’s employment hereunder. In the event that Executive's ’s employment is terminated by the Company for any reason, Executive's ’s sole and exclusive remedy shall be to receive the payments and benefits described in this Section 5.