Common use of Nonduplication of Benefits Clause in Contracts

Nonduplication of Benefits. To the extent, and only to the extent, a payment or benefit that is paid or provided under Sections 4(c) and/or 7(a) would also be paid or provided under the terms of the applicable plan, program or arrangement, such applicable plan, program or arrangement will be deemed to have been satisfied by the payment made or benefit provided under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Synavant Inc), Employment Agreement (Synavant Inc)

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Nonduplication of Benefits. To the extent, and only to the -------------------------- extent, a payment or benefit that is paid or provided under Sections 4(c) and/or 7(a) this Section 6 would also be paid or provided under the terms of the applicable plan, program or arrangement, such applicable plan, program or arrangement will be deemed to have been satisfied by the payment made or benefit provided under this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Lg&e Energy Corp)

Nonduplication of Benefits. To the extent, and only to the extent, a payment or benefit that is paid or provided under Sections 4(c) and/or 7(a) this Section 7 would also be paid or provided under the terms of the any applicable plan, program program, or arrangement, including, without limitation, any severance program, such applicable plan, program program, agreement or arrangement will be deemed to have been satisfied by the payment made or benefit provided under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Penney J C Co Inc)

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Nonduplication of Benefits. To the extent, and only to the _____________________________ extent, a payment or benefit that is paid or provided under Sections 4(c) and/or 7(a) this Section 7 would also be paid or provided under the terms of the any applicable plan, program program, or arrangement, including, without limitation, any severance program, such applicable plan, program program, agreement or arrangement will be deemed to have been satisfied by the payment made or benefit provided under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Penney J C Co Inc)

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