Common use of Except for Accrued Clause in Contracts

Except for Accrued. Compensation and any vested benefits expressly provided under any Employer benefit plan, Employee will forfeit, from and after the Termination Date, his rights to any and all future compensation from Employer or any Related Entity to which Employee may be entitled and to all future benefits for which Employee may be eligible, in either case under this Agreement or otherwise, including without limitation any Bonus payments. Except for Accrued Compensation, Employer’s obligations to pay or provide Employee with future compensation or benefits will fully and forever cease and terminate as of the Termination Date.

Appears in 3 contracts

Sources: Employment Agreement (Diamond S Shipping Inc.), Employment Agreement (Athena Spinco Inc.), Employment Agreement (Diamond S Shipping Group, Inc.)