Common use of Benefits to be Provided Clause in Contracts

Benefits to be Provided. If Executive becomes eligible for benefits under subsection (b) above, the Company shall pay or provide to Executive the compensation and benefits set forth in this subsection (c); provided, however, that the compensation and benefits to be paid or provided pursuant to paragraphs (i), (ii), (iii), (iv) and (v) of this subsection (c) shall be reduced to the extent that Executive receives or is entitled to receive upon Executive's termination the compensation and benefits (but only to the extent Executive actually receives such compensation and benefits)

Appears in 3 contracts

Samples: Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc)

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Benefits to be Provided. If Executive becomes eligible for benefits under subsection (b) above, the Company shall pay or provide to Executive the compensation and benefits set forth in this subsection (c); provided, however, that the compensation and benefits to be paid or provided pursuant to paragraphs (i), (ii), (iii), (iv) and (v) of this subsection (c) shall be reduced to the extent that Executive receives or is entitled to receive upon Executive's termination the compensation and benefits (but only to the extent Executive actually receives such compensation and benefits)provided

Appears in 3 contracts

Samples: Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc), Change in Control Agreement (Interface Inc)

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Benefits to be Provided. If Executive becomes eligible for benefits under subsection (bSubsection 13(c)(i) above, the Company shall pay or provide to Executive the compensation and benefits set forth in this subsection (cSubsection 13(c)(ii); provided, however, that the compensation and benefits to be paid or provided pursuant to paragraphs (i), (ii), (iii), (iv) and (v) of this subsection (c) shall be reduced to the extent that Executive receives or is entitled to receive upon Executive's termination the compensation and benefits (but only to the extent Executive actually receives such compensation and benefits).

Appears in 1 contract

Samples: Employment Agreement (Evergreen Bancorp Inc)

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