Common use of Compensation Upon Termination or During Disability Clause in Contracts

Compensation Upon Termination or During Disability. The Executive hereby agrees that no severance compensation of any kind, nature or amount shall be payable to the Executive except as expressly set forth in this Section 9, and except for such payments, the Executive hereby irrevocably waives any claim for severance compensation.

Appears in 7 contracts

Sources: Employment Agreement (Hilltop Holdings Inc.), Employment Agreement (Affordable Residential Communities Inc), Employment Agreement (Affordable Residential Communities Inc)

Compensation Upon Termination or During Disability. The Executive hereby agrees that no severance compensation of any kind, nature or amount shall be payable to the Executive except as expressly set forth in this Section 95, and except for such payments, the Executive hereby irrevocably waives any claim for severance compensation.

Appears in 6 contracts

Sources: Severance Agreement (Affordable Residential Communities Inc), Severance Agreement (Affordable Residential Communities Inc), Severance Agreement (Affordable Residential Communities Inc)