No Further Liability; Release. In the event of the Executive’s termination of employment, except as otherwise provided herein, payment made and performance by the Corporation in accordance with this Section 4, shall operate to fully discharge and release the Corporation and any affiliate thereof, and their directors, officers, employees, subsidiaries, affiliates, stockholders, successors, assigns, agents and representatives, from any further obligation or liability with respect to the Executive’s rights under this Agreement. Other than payment and performance under this Section 4, the Corporation and any affiliate thereof, and its directors, officers, employees, subsidiaries, affiliates, stockholders, successors, assigns, agents and representatives shall have no further obligation or liability to the Executive or any other person under this Agreement in the event of the Executive’s termination of employment.
Appears in 3 contracts
Sources: Employment Agreement (Seacoast Banking Corp of Florida), Employment Agreement (Seacoast Banking Corp of Florida), Employment Agreement (Seacoast Banking Corp of Florida)
No Further Liability; Release. In the event of the Executive’s termination of employment, except as otherwise provided herein, payment Payment made and performance by the Corporation Company in accordance with this Section 4, 5 shall operate to fully discharge and release the Corporation Company and any affiliate thereof, and their its directors, officers, employees, subsidiaries, affiliates, stockholders, successors, assigns, agents and representatives, representatives from any further obligation or liability with respect to the Executive’s rights under this Agreement's employment and termination of employment. Other than paying Executive's Base Salary through the date of termination of Executive's employment and making any severance payment and performance under continuing benefits and perquisites pursuant to and in accordance with this Section 45 (as applicable), the Corporation and any affiliate thereof, Company and its directors, officers, employees, subsidiaries, affiliates, stockholders, successors, assigns, agents and representatives shall have no further obligation or liability to the Executive or any other person under this Agreement in the event of the Executive’s termination of employmentAgreement.
Appears in 3 contracts
Sources: Employment Agreement (Key Components Finance Corp), Employment Agreement (Key Components Finance Corp), Employment Agreement (Key Components Finance Corp)
No Further Liability; Release. In the event of the Executive’s termination of employment, except as otherwise provided herein, payment made and performance by the Corporation in accordance with this Section 4, shall operate to fully discharge and release the Corporation and any affiliate thereof, and their directors, officers, employees, subsidiaries, affiliates, stockholders, successors, assigns, agents and representatives, from any further obligation or liability with respect to the Executive’s rights under this Agreement. Other than payment and performance under this Section 4, the Corporation and any affiliate thereof, and its directors, officers, employees, subsidiaries, affiliates, stockholders, successors, assigns, agents and representatives shall have no further obligation or liability to the Executive or any other person under this Agreement in the event of the Executive’s termination of employment.
Appears in 2 contracts
Sources: Employment Agreement (Seacoast Banking Corp of Florida), Employment Agreement (Seacoast Banking Corp of Florida)