Common use of Non-Duplication of Payment or Benefits Clause in Contracts

Non-Duplication of Payment or Benefits. For purposes of clarity, in the event of that a Change in Control occurs within three (3) months following a Qualified Termination, any severance payments and benefits to be provided to the Executive under Section 5(b) will be reduced by any amounts that already were provided to the Executive under Section 5(a).

Appears in 7 contracts

Samples: Executive Employment Agreement (Viracta Therapeutics, Inc.), Executive Employment Agreement (Viracta Therapeutics, Inc.), Executive Employment Agreement (Viracta Therapeutics, Inc.)

AutoNDA by SimpleDocs

Non-Duplication of Payment or Benefits. For purposes of clarity, in the event of that a Change in Control occurs within three (3) months following a Qualified Termination, any severance payments and benefits to be provided to the Executive under Section 5(b6(b) will be reduced by any amounts that already were provided to the Executive under Section 5(a6(a).

Appears in 1 contract

Samples: Executive Employment Agreement (Viracta Therapeutics, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!