Example ContractsClausesconditions to receipt of severance benefitsVariants
Remove:

will provide Rosengarten with the benefits in this Paragraph 3, to which she is not otherwise entitled (collectively, the “Severance Benefits”). Rosengarten acknowledges and agrees that the Severance Benefits are in full and complete satisfaction of any payments or benefits owed to her in connection with the separation of her employment with the Bank (except for any benefits to which Rosengarten may be entitled under the Bank’s Supplemental Executive Retirement Plan or any Stock Option Award Agreement or Restricted Stock Unit Award Agreement between Rosengarten and the Bank) and that, upon her receipt of the Severance Benefits, she will have no further right or claim to severance pay or any other benefits in connection with her separation under the Employment Agreement or any other Bank policy, manual or practice.

will provide Rosengarten withEntire Agreement between the benefits inParties on Severance Benefits. The Parties acknowledge and agree that this Paragraph 3,Agreement sets forth all severance pay and other benefits to which sheRosengarten is not otherwise entitled (collectively, the “Severance Benefits”). Rosengarten acknowledges and agrees that the Severance Benefits are in full and complete satisfaction of any payments or benefits owed to her in connection with the separation of her employment with the Bank (except for any benefits to which Rosengarten may be entitled under the Bank’s Supplemental Executive Retirement Plan or any Stock Option Award Agreement or Restricted Stock Unit Award Agreement between Rosengarten and the Bank). This Agreement supersedes and replaces Section 6 of the Employment Agreement in its entirety, as well as any other prior agreements, understandings, discussions and practices concerning severance pay and other benefits upon separation including, but not limited to, any personnel documents, handbooks, policies, incentive or bonus plans or programs, and any prior customers or practices of the Bank. Rosengarten acknowledges and agrees that, upon her receiptexecution of and failure to revoke this Agreement within the Severance Benefits,Revocation Period, she willshall have no further right or claimrights, and the Bank shall have no further obligations to severance pay or anyher, under Section 6 of the Employment Agreement. All other benefits in connection with her separation underprovisions of the Employment Agreement which by their terms survive termination of Rosengarten’s employment, including, without limitation the restrictive covenants in Section 7, shall remain in full force and effect according to their terms. This Agreement may not be modified or any other Bank policy, manual or practice. supplemented except by a subsequent written agreement signed by the Party against whom enforcement is sought.

willIn connection with her separation, the Bank has agreed to provide Rosengarten with the payments and benefits in this Paragraph 3, tooutlined herein, which she is not otherwise entitled (collectively, the “Severance Benefits”). Rosengarten acknowledges and agrees that the Severance Benefits are in full and complete satisfactionexcess of any payments or benefits owedRosengarten may have been entitled to herreceive under Section 6 of the Employment Agreement. This Agreement sets forth all benefits to which Rosengarten is entitled in connection with the separation of her employment with the Bank (except for any benefits to which Rosengarten may be entitled under the Bank’s Supplemental Executive Retirement Plan or any Stock Option Award Agreement or Restricted Stock Unit Award Agreement between Rosengarten and the Bank), and that, upon her receiptit supersedes and replaces in its entirety Section 6 of the Severance Benefits, she will have no further right or claim to severance pay or any other benefits in connection with her separation under the Employment Agreement or any other Bank policy, manual or practice.Agreement.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.