Common use of Effect of Termination on Other Plans and Programs Clause in Contracts

Effect of Termination on Other Plans and Programs. In the event that Executive’s employment with the Company is terminated for any reason, Executive shall be entitled to receive all vested amounts payable and vested benefits accrued under any otherwise applicable plan, policy, program or practice of the Company in which Executive was a participant immediately before the Date of Termination in accordance with the terms thereof, if any; provided, that Executive shall not be entitled to receive any payments or benefits under any such plan, policy, program or practice providing any severance or cash bonus compensation, and the provisions of this Section 7.6 shall supersede such provisions of any such plan, policy, program or practice.

Appears in 4 contracts

Sources: Employment Agreement (Xponential Fitness, Inc.), Employment Agreement (Xponential Fitness, Inc.), Employment Agreement (Xponential Fitness, Inc.)