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 a Qualifying Pre‑CIC Termination, any severance payments and benefits to be provided to the Executive under Section 3(b) will be reduced by any amounts that already were provided to the Executive under Section 3(a).

Appears in 3 contracts

Samples: Change in Control and Severance Agreement (Netgear, Inc.), Change in Control and Severance Agreement (Netgear, Inc), Change in Control and Severance Agreement (Netgear, Inc)

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Non-Duplication of Payment or Benefits. For purposes of clarity, in the event of a Qualifying Pre‑CIC Pre-CIC Termination, any severance payments and benefits to be provided to the Executive under Section 3(b) will be reduced by any amounts that already were provided to the Executive under Section 3(a).

Appears in 3 contracts

Samples: Control and Severance Agreement (Arlo Technologies, Inc.), Change in Control and Severance Agreement (Arlo Technologies, Inc.), Change in Control and Severance Agreement (Arlo Technologies, Inc.)

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