Executive Bonus Program. Executive agrees that the payment to Executive of the Existing Severance hereunder will not be deemed to be "in connection with circumstances which would permit such Participant to receive severance benefits pursuant to any contract of employment between such Participant and the Company or any of its subsidiaries" within the meaning of clause (d) of the last sentence of Section 5 of the Company's Executive Bonus Program, as in effect on the date hereof.
Appears in 2 contracts
Sources: Employment Agreement (Continental Airlines Inc /De/), Employment Agreement (Continental Airlines Inc /De/)