Common use of Non-Duplication of Benefits Clause in Contracts

Non-Duplication of Benefits. Any compensation or benefits payable under the terms of this Agreement will be offset and not augmented by other compensation or benefits of the same or similar type payable under any existing plan or agreement of the Company or any other arrangement between Executive and the Company covering the Executive (including, but not limited to, any Company severance policy and the Company’s Annual Incentive Plan). It is intended that this Agreement not duplicate benefits Executive is entitled to under the Company’s regular severance policy, any related policies, or any other contracts, agreements or arrangements between Executive and the Company.

Appears in 6 contracts

Samples: Key Management Severance Agreement (Owens Corning), Key Management Severance Agreement (Owens Corning), Key Management Severance Agreement (Owens Corning)

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Non-Duplication of Benefits. Any compensation or benefits payable under the terms of this Agreement will be offset and not augmented by other compensation or benefits of the same or similar type payable under any existing plan or agreement of the Company or any other arrangement between Executive and the Company covering the Executive (including, but not limited to, any Company severance policy and the Company’s 's Annual Incentive Plan). It is intended that this Agreement not NOT duplicate benefits Executive is entitled to under the Company’s 's regular severance policy, any related policies, or any other contracts, agreements or arrangements between Executive and the Company.

Appears in 2 contracts

Samples: Key Management Severance Agreement (Owens Corning), Management Severance Agreement (Owens Corning)

Non-Duplication of Benefits. Any compensation or benefits payable under the terms of this Agreement will be offset and not augmented by other compensation or benefits of the same or similar type payable under any existing plan Other Severance-Related Arrangement or agreement of the Company or any other arrangement between Executive and the Company covering the Executive (including, but not limited to, any Company severance policy and the Company’s Annual Incentive Plan)under applicable law. It is intended that this Agreement not duplicate benefits Executive Employee is entitled to under the Company’s regular severance policy, any related policies, or any other contracts, agreements or arrangements between Executive Employee and the Company, or applicable law.

Appears in 1 contract

Samples: Severance Protection Agreement (Digitalglobe Inc)

Non-Duplication of Benefits. Any compensation or benefits payable under the terms of this Agreement will be offset and not augmented by other compensation or benefits of the same or similar type payable under any existing plan or agreement of the Company or any other arrangement between Executive and the Company covering the Executive (including, but not limited to, any Company severance policy and the Company’s 's Annual Incentive Plan). It is intended that this Agreement not duplicate benefits Executive is entitled to under the Company’s company's regular severance policy, any related policies, or any other contracts, agreements or arrangements between Executive and the Company.

Appears in 1 contract

Samples: Key Management Severance Agreement (Owens Corning)

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Non-Duplication of Benefits. Any compensation or benefits payable under the terms of this Agreement will be offset and not augmented by other compensation or benefits of the same or similar type payable under any existing plan Other Severance- Related Arrangement or agreement of the Company or any other arrangement between Executive and the Company covering the Executive (including, but not limited to, any Company severance policy and the Company’s Annual Incentive Plan)under applicable law. It is intended that this Agreement not duplicate benefits Executive Employee is entitled to under the Company’s regular severance policy, any related policiespolities, or any other contracts, agreements or arrangements between Executive Employee and the Company, or applicable law.

Appears in 1 contract

Samples: Severance Protection Agreement (Digitalglobe Inc)

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