Common use of Additional Payment Terms Clause in Contracts

Additional Payment Terms. Except as may be otherwise expressly provided to the contrary in this Agreement or by law, nothing in this Agreement will be construed as requiring Employee to be treated as employed by the Company following the Termination Date for purposes of any employee benefit plan or arrangement in which Employee may participate at such time. Upon any termination hereunder, any and all sums that Employee owes to the Company will be repaid before any post-termination payments are made to Employee pursuant to this Agreement.

Additional Payment Terms. Except as may be otherwise expressly provided to the contrary in this Agreement or by law, nothing in this Agreement will be construed as requiring Employee to be treated as employed by the Company following the Termination Date for purposes of any employee benefit plan or arrangement in which Employee may participate at such time. Upon any termination hereunder, any and all sums that Employee owes to the Company will be repaid before any post-termination payments are made to Employee pursuant to this Agreement, other than the Vested Rights.