Entire Obligation. Payment to the Employee pursuant to Sections ---------------------------- 3, 4 or 5 of this Agreement shall constitute the entire obligation of the Company to the Employee and full settlement of any claim under law or equity that the Employee might otherwise assert against the Company, or any of its employees, officers or directors on account of the Employee's termination. Payments hereunder shall supersede and extinguish any obligation the Company may have with respect to the Employee pursuant to any employment contract or other agreement for the payment of employment compensation, whether such agreement(s) are in existence now or come into existence hereafter.
Appears in 4 contracts
Entire Obligation. Payment to the Employee pursuant to Sections ---------------------------- 3, 4 or 5 of this Agreement shall constitute the entire obligation of the Company to the Employee and full settlement of any claim under law or equity that the Employee might otherwise assert against the Company, or any of its employees, officers or directors on account of the Employee's termination. Payments hereunder shall supersede and extinguish any obligation the Company may have with respect to the Employee pursuant to any employment contract or other agreement for the payment of employment compensation, whether such agreement(s) are in existence now or come into existence hereafter.
Appears in 3 contracts
