Common use of No Other Obligations Clause in Contracts

No Other Obligations. The benefits payable to Executive under this Agreement are not in lieu of any benefits payable under any employee benefit plan, program or arrangement of the Company, except as specifically provided herein, and Executive will receive such benefits or payments, if any, as he may be entitled to receive pursuant to the terms of such plans, programs and arrangements. Except for the obligations of the Company provided by the foregoing and this Section 5, the Company shall have no further obligations to Executive upon his termination of employment.

Appears in 43 contracts

Samples: Executive Employment Agreement (CoJax Oil & Gas Corp), Executive Employment Agreement (CoJax Oil & Gas Corp), Executive Employment Agreement (Mobilepro Corp)

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No Other Obligations. The benefits payable to the Executive under this Agreement are not in lieu of any benefits payable under any employee benefit plan, program or arrangement of the Company, except as provided specifically provided herein, and upon termination, the Executive will receive such benefits or payments, if any, as he may be entitled to receive pursuant to the terms of such plans, programs and arrangements. Except for the obligations of the Company provided by this Agreement (including, without limitation, pursuant to the foregoing and this Section 5preceding sentence hereof), the Company shall have no further obligations to the Executive upon his termination of employment.

Appears in 11 contracts

Samples: Employment Agreement (Micros to Mainframes Inc), Employment Agreement (Micros to Mainframes Inc), Employment Agreement (Micros to Mainframes Inc)

No Other Obligations. The benefits payable to the Executive under this Agreement are not in lieu of any benefits payable under any employee benefit plan, program or arrangement of the Company, except as provided specifically provided herein, and upon termination the Executive will receive such benefits or payments, if any, as he may be entitled to receive pursuant to the terms of such plans, programs and arrangements. Except for the obligations of the Company provided by the foregoing and this Section 5, the Company shall have no further obligations to the Executive upon his termination of employment.

Appears in 7 contracts

Samples: Employment Agreement (Vuzix Corp), Employment Agreement (Vuzix Corp), Employment Agreement (Xethanol Corp)

No Other Obligations. The benefits payable to Executive under this Agreement are not in lieu of any benefits payable under any employee benefit plan, program or arrangement of the Company, except as specifically provided herein, and Executive will receive such benefits or payments, if any, as he may be entitled to receive pursuant to the terms of such plans, programs and arrangementsarrangements and this Agreement. Except for the obligations of the Company provided by the foregoing and this Section 5, the Company shall have no further obligations to Executive upon his termination of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (RDE, Inc.), Executive Employment Agreement (RDE, Inc.)

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No Other Obligations. The benefits payable to the Executive under this Employment Agreement are not in lieu of any benefits payable under any employee benefit plan, program or arrangement of the Company, except as provided specifically provided herein, and upon termination the Executive will receive such benefits or payments, if any, as he may be entitled to receive pursuant to the terms of such plans, programs and arrangements. Except for the obligations of the Company provided by the foregoing and this Section 5, the Company shall have no further obligations to the Executive upon his termination of employment.

Appears in 1 contract

Samples: Employment Agreement (Ep Medsystems Inc)

No Other Obligations. The benefits payable to the Executive under this Agreement are not in lieu of any benefits payable under any employee benefit plan, program or arrangement of the Company, except as provided specifically provided herein, and upon termination, the Executive will receive such benefits or payments, if any, as he may be entitled to receive pursuant to the terms of such plans, programs and arrangements. Except for the obligations of the Company provided by the foregoing and this Section 5, the Company shall have no further obligations to Executive upon his termination of employment.,

Appears in 1 contract

Samples: Release Agreement (MTM Technologies, Inc.)

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