Non-duplication. Any compensation or benefits provided to Executive pursuant to the Association Agreement shall be applied to offset the obligations of the Holding Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to Executive for all services to the Holding Company and all of its direct or indirect subsidiaries.
Appears in 7 contracts
Samples: Control Agreement (First Palm Beach Bancorp Inc), Change of Control Agreement (First Palm Beach Bancorp Inc), Control Agreement (First Palm Beach Bancorp Inc)
Non-duplication. Any In the event that the Executive shall perform services for the Association or any other direct or indirect subsidiary of the Holding Company, any compensation or benefits provided to Executive pursuant to the Association Agreement by such other employer shall be applied to offset the obligations of the Holding Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to Executive for all services to the Holding Company and all of its direct or indirect subsidiaries.
Appears in 3 contracts
Samples: Employment Agreement (Home Bancorp of Elgin Inc), Employment Agreement (Home Bancorp of Elgin Inc), Employment Agreement (Home Bancorp of Elgin Inc)
Non-duplication. Any In the event that Executive shall perform services for the Association or any other direct or indirect subsidiary of the Holding Company, any compensation or benefits provided to Executive pursuant to the Association Agreement by such other employer shall be applied to offset the obligations of the Holding Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to Executive for all services to the Holding Company and all of its direct or indirect subsidiaries.
Appears in 2 contracts
Samples: Employment Agreement (First Palm Beach Bancorp Inc), Employment Agreement (First Palm Beach Bancorp Inc)
