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 Employee under this Agreement shall constitute the entire obligation of the Company to the Employee as a result of the termination of his or her employment, and the Employee shall not be entitled to additional payments or benefits as a result of such termination of employment in connection under any other plan, program, policy, practice, contract or agreement of the Company or its subsidiaries.

Appears in 5 contracts

Samples: Retention Agreement (Applix Inc /Ma/), Retention Agreement (Applix Inc /Ma/), Retention Agreement (Applix Inc /Ma/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.