UTSI » Topics » 9. GENERAL PROVISIONS

This excerpt taken from the UTSI 10-Q filed Oct 10, 2007.

9.             GENERAL PROVISIONS

(a)           No Other Severance Benefits.  Except as specifically set forth in this Agreement, the Executive covenants and agrees that he shall not be entitled to any other form of severance benefits from the Company, including, without limitation, benefits otherwise payable under the Company’s regular severance policies, if any, in the event his employment hereunder ends for any reason and, except with respect to obligations of the Company expressly provided for herein, the Executive unconditionally releases the Company and its subsidiaries and affiliates, and their respective directors, officers, employees and stockholders, or any of them, from any and all claims,

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liabilities or obligations under any severance or termination arrangements of the Company or any of its subsidiaries or affiliates.

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