Credit Against Change in Control Agreement. Executive and the Company have previously entered into a separate Severance Agreement dated as of April 21, 1999 (the "Change in Control Agreement"), which shall continue in full force and effect in accordance with its terms. Any amount paid under this Section 3 (or the value of any benefit provided hereunder, as reasonably determined by the Company) shall be a credit against any amount otherwise payable by the Company under the Change in Control Agreement. Payments made under any other agreement between Executive and the Company shall not be credited against payments made hereunder unless such other agreement specifically provides for such a credit.
Appears in 4 contracts
Samples: Executive Severance Agreement (Systems & Computer Technology Corp), Executive Severance Agreement (Systems & Computer Technology Corp), Executive Severance Agreement (Systems & Computer Technology Corp)
