Common use of FULL AND FINAL SATISFACTION Clause in Contracts

FULL AND FINAL SATISFACTION. The Employee understands and agrees that if their employment is terminated or ceases (as the case may be) they will not be entitled to any additional notice, pay in lieu of notice, severance, or any other payments or entitlements, except for those minimum entitlements required by the ESA as set out in this Article 3. For clarity, and without limiting the generality of the foregoing, the Employee agrees that upon termination, they shall not be entitled to common law reasonable notice or pay in lieu thereof. However, in no event will the Employee receive less upon termination than those minimum requirements prescribed by the ESA.