Common use of Other Benefits Payable Clause in Contracts

Other Benefits Payable. The cash lump sum and continuing benefits --- ----------------------- described in Section 4.3 above shall be payable in addition to, and not in lieu of, all other accrued or vested or earned but deferred compensation, rights, options or other benefits which may be owed to a Participant upon or following termination, including but not limited to accrued vacation or sick pay, amounts or benefits payable under any bonus or other compensation plans, stock option plan, stock ownership plan, stock purchase plan, life insurance plan, health plan, disability plan or similar or successor plan, except as provided in Section 4.6 below.

Appears in 1 contract

Sources: Severance Policy (Northern States Power Co /Mn/)

Other Benefits Payable. The cash lump sum and continuing benefits --- ----------------------- described in Section 4.3 above shall be payable in addition to, and not in lieu of, all other accrued or vested or earned but deferred compensation, rights, options or other benefits which may be owed to a Participant upon or following termination, including but not limited to accrued vacation or sick pay, amounts or benefits payable under any bonus or other compensation plans, stock option plan, stock ownership plan, stock purchase plan, life insurance plan, health plan, disability plan or similar or successor plan, except as provided in Section 4.6 below.

Appears in 1 contract

Sources: Senior Executive Severance Policy (Xcel Energy Inc)