Common use of Coordination With Other Agreements Clause in Contracts

Coordination With Other Agreements. The Severance Benefits described in Section 4.3 shall be reduced by any severance benefits paid pursuant to either: (i) other agreements between the Company and the Executive or (ii) any plan adopted by the Company, unless such plan or agreement expressly provides that the benefits under such plan or agreement are in addition to the benefits payable under this Agreement.

Appears in 2 contracts

Samples: Executive Severance Agreement (Cobalt Corp), Executive Severance Agreement (Cobalt Corp)

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Coordination With Other Agreements. The Severance Benefits described in Section 4.3 shall be reduced by any severance benefits paid pursuant to either: (i) other agreements between the Company and the Executive or (ii) any plan adopted by the Company, unless UNLESS such plan or agreement expressly provides that the benefits under such plan or agreement are in addition to the benefits payable under this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (Cobalt Corp)

Coordination With Other Agreements. The Severance Benefits described in Section 4.3 shall be reduced by any severance benefits paid pursuant to either: (i) other 9 agreements between the Company and the Executive or (ii) any plan adopted by the Company, unless UNLESS such plan or agreement expressly provides that the benefits under such plan or agreement are in addition to the benefits payable under this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (Cobalt Corp)

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Coordination With Other Agreements. The Severance Benefits described in Section 4.3 shall be reduced by any severance benefits paid pursuant to either: (i) other agreements between the Company and the Executive or (ii) any plan adopted by the Company, unless such plan or agreement expressly provides that the benefits under such plan or agreement are in addition to the benefits payable under this Agreement. The Severance Benefits described in Section 4.3 shall not be reduced by payments pursuant to the Supplemental Retirement Agreement dated ___________, 2001 between the Executive and the Company.

Appears in 1 contract

Samples: Executive Severance Agreement (Cobalt Corp)

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