No Offsets or Reductions. Except as specifically provided above, the amount of any payment provided for in this Section 6.5. shall not be reduced offset or subject to recovery by Company by reason of any compensation earned by Executive as the result of employment by another employer after the Date of Termination, or otherwise. Executive’s entitlements under Section 6.5. of this Agreement are in addition to, and not in lieu of, any rights, benefits or entitlements Executive may have under the terms or provisions of any Plan.
Appears in 4 contracts
Samples: Employment Agreement (NiMin Energy Corp.), Employment Agreement (NiMin Energy Corp.), Employment Agreement (NiMin Energy Corp.)
No Offsets or Reductions. Except as specifically provided above, the amount of any payment provided for in this Section 6.5. 6.5 shall not be reduced offset or subject to recovery by Company by reason of any compensation earned by Executive Employee as the result of employment by another employer after the Date of Termination, or otherwise. Executive’s Employer's entitlements under Section 6.5. 6.5 of this Agreement are in addition to, and not in lieu of, any rights, benefits or entitlements Executive Employee may have under the terms or provisions of any Plan.
Appears in 2 contracts
Samples: Employment Agreement (Championship Auto Racing Teams Inc), Employment Agreement (Championship Auto Racing Teams Inc)
No Offsets or Reductions. Except as specifically provided above, the amount of any payment provided for in this Section 6.5. 6.5 shall not be reduced offset or subject to recovery by Company by reason of any compensation earned by Executive Employee as the result of employment by another employer after the Date of Termination, or otherwise. Executive’s Employee's entitlements under Section 6.5. 6.5 of this Agreement are in addition to, and not in lieu of, any rights, benefits or entitlements Executive Employee may have under the terms or provisions of any Plan.
Appears in 1 contract
Samples: Employment Agreement (Championship Auto Racing Teams Inc)