Except for Accrued Clause Samples
Except for Accrued. Compensation, Employee shall forfeit, from and after the Termination Date, Employee’s rights to any and all future compensation from Employer or any Related Entity to which Employee may be entitled and to all future benefits for which Employee may be eligible, in either case under this Agreement or otherwise, including without limitation any Bonus payments (including any earned but unpaid Bonus payments or portions thereof) that would have been payable had Employee remained employed through the date such Bonus payments would have been paid. Except for Accrued Compensation, Employer’s obligations to pay or provide Employee with future compensation or benefits shall fully and forever cease and terminate as of the Termination Date.
Except for Accrued. Compensation and any vested benefits expressly provided under any Employer benefit plan, Employee will forfeit, from and after the Termination Date, his rights to any and all future compensation from Employer or any Related Entity to which Employee may be entitled and to all future benefits for which Employee may be eligible, in either case under this Agreement or otherwise, including without limitation any Bonus payments. Except for Accrued Compensation, Employer’s obligations to pay or provide Employee with future compensation or benefits will fully and forever cease and terminate as of the Termination Date.
Except for Accrued. Vacation due to any former employee of Seller or any Subsidiary whom Buyer hires on or after the Closing Date, Seller will pay all compensation due all employees with respect to the Business through the Closing Date. Seller will be solely obligated and liable for all severance, retirement pay and other obligations (if any) which may be required to be paid, under any law, regulation, employee benefit plan or Contract, to any employee or former employee of Seller or any Subsidiary who is not hired by Buyer, or as a result of the execution of this Agreement, the parties' performance of its terms, or the consummation of the transactions contemplated hereby. To the extent that Buyer hires any former employee of Seller within 90 days after the Closing Date, Buyer will refund to Seller all severance and vacation pay paid by Seller to such employee.