Examples of Vested Rights in a sentence
Executive shall not be entitled to any further compensation from the Corporation or any Affiliate after termination of the Employment as permitted by this Section 5, except (A) Vested Rights; and (B) Severance Pay under Section 6 or the Change in Control Severance under Section 7, whichever is applicable.
Executive shall not be entitled to any further compensation from the Corporation or any Affiliate after termination of the Employment as permitted by this Section 5, except (A) Vested Rights; and (B) Severance Pay under Section 6 or the Cash Payment under Section 7, whichever is applicable.
Any right to indemnification or advancement of expenses provided by, or granted pursuant to, the General Corporation Law and this Certificate of Incorporation shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under the Bylaws, agreement, vote of stockholders or disinterested directors or otherwise.3. Vested Rights.
As provided under the applicable plan or agreement, Employee shall have the right to exercise any or all of the Vested Rights.
Except as set forth in the immediately preceding sentence, if the Company or Employee decides to terminate Employee’s employment due to Disability, then, to the extent consistent with Federal and state law, Employee will have no right to any future payments or benefits under this Agreement or otherwise (other than the Vested Rights) and the Company will have no obligation to make any such other future payments or provide any such future benefits for periods from and after the Termination Date.