Specific Consideration. In exchange for the releases provided hereunder and other good and valuable consideration, and upon the execution of this Agreement, Executive shall be paid the amounts and receive the benefits as provided under the Severance Agreement. Executive agrees that no further amount is or shall be due or claimed to be due from Company and/or from any other person or entity released in paragraph 4 below except for any payments and benefits due under the Severance Agreement and under any other written Company benefit plans, such as the Sysco Corporation Supplemental Executive Retirement Plan, the Sysco Corporation Executive Deferred Compensation Plan, any 401(k) plan, any pension plan and any similar plan, to the extent Executive is entitled to benefits under the respective terms thereof.
Appears in 2 contracts
Sources: Executive Severance Agreement (Sysco Corp), Executive Severance Agreement (Sysco Corp)