Common use of Exclusive Severance Benefits Clause in Contracts

Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Executive under this Agreement shall constitute the entire obligation of the Company to the Executive as a result of the termination of Executive’s employment, and the Executive shall not be entitled to additional payments or benefits as a result of such termination of employment under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.

Appears in 4 contracts

Samples: Executive Severance and Retention Agreement (Oclaro, Inc.), Release Agreement (Oclaro, Inc.), Release Agreement (Oclaro, Inc.)

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Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Executive under this Agreement shall constitute the entire obligation of the Company to the Executive as a result of the termination of Executive’s his or her employment, and the Executive shall not be entitled to additional payments or benefits as a result of such termination of employment under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.

Appears in 2 contracts

Samples: Retention Agreement (Netezza Corp), Executive Retention Agreement (Netezza Corp)

Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Executive under this Agreement shall constitute the entire obligation of the Company to the Executive as a result of the termination of Executive’s employment, and the . The Executive shall not be entitled to additional severance or termination payments or benefits as a result of such termination of employment under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.

Appears in 1 contract

Samples: Executive Severance and Retention Agreement (Oclaro, Inc.)

Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Executive under this Agreement shall constitute the entire obligation of the Company to the Executive as a result of the termination of Executive’s employmenthis or her employment following a Change in Control, and the Executive shall not be entitled to additional payments or benefits as a result of such termination of employment under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.

Appears in 1 contract

Samples: Executive Retention Agreement (Netezza Corp)

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Exclusive Severance Benefits. The making of the payments and the provision of the benefits by the Company to the Executive under this Agreement shall constitute the entire obligation of the Company to the Executive as a result of the termination of Executive’s his employment, and the Executive shall not be entitled to additional payments or benefits as a result of such termination of employment under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.

Appears in 1 contract

Samples: Executive Retention Agreement (Starent Networks, Corp.)

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