Common use of Nonduplication Clause in Contracts

Nonduplication. No provision of this Program shall require the Company to provide the Participant with any payment, benefit, or grant that duplicates any payment, benefit, or grant that the Participant is entitled to receive under any Company compensation or benefit plan, award agreement, or other arrangement. SPECIAL RETENTION ACCOUNT AND OTHER BENEFITS PROGRAM ADDENDUM A ADDITIONAL PAYMENTS BY THE COMPANY A Participant in the Program shall be entitled to a tax gross-up payment in accordance with the following provisions:

Appears in 3 contracts

Samples: Grant Stock Option Agreement (Verizon Communications Inc), Grant Stock Option Agreement (Verizon Communications Inc), Stock Option Agreement (Verizon Communications Inc)

AutoNDA by SimpleDocs

Nonduplication. No provision of this Program shall require the Company to provide the Participant with any payment, benefit, or grant that duplicates any payment, benefit, or grant that the Participant is entitled to receive under any Company compensation or benefit plan, award agreement, or other arrangementarrangement or a payment, benefit, or grant that was included in the Participant's Account in the Verizon Income Deferral Plan as of January 1, 2002. SPECIAL RETENTION ACCOUNT AND OTHER BENEFITS PROGRAM ADDENDUM A ADDITIONAL PAYMENTS BY THE COMPANY A Participant in the Program shall be entitled to a tax gross-up payment in accordance with the following provisions:

Appears in 2 contracts

Samples: Verizon Communications Inc, Verizon Communications Inc

Nonduplication. No provision of this Program shall require the Company to provide the Participant with any payment, benefit, or grant that duplicates any payment, benefit, or grant that the Participant is entitled to receive under any Company compensation or benefit plan, award agreement, or other arrangement. SPECIAL RETENTION ACCOUNT AND OTHER BENEFITS PROGRAM ADDENDUM -------------------------------------------------------------------------------- Special Retention Account and Other Benefits Program Page 11 Special Retention Account and Other Benefits Program Addendum A ADDITIONAL PAYMENTS BY THE COMPANY Additional Payments by the Company A Participant in the Program shall be entitled to a tax gross-up payment in accordance with the following provisions:

Appears in 1 contract

Samples: Grant Stock Option Agreement (Verizon Communications Inc)

AutoNDA by SimpleDocs

Nonduplication. No provision of this Program shall require the Company to provide the Participant with any payment, benefit, or grant that duplicates any payment, benefit, or grant that the Participant is entitled to receive under any Company compensation or benefit plan, award agreement, or other arrangement. SPECIAL RETENTION ACCOUNT AND OTHER BENEFITS PROGRAM ADDENDUM Special Retention Account Program Addendum A ADDITIONAL PAYMENTS BY THE COMPANY Additional Payments by the Company A Participant in the Program shall be entitled to a tax gross-up payment in accordance with the following provisions:

Appears in 1 contract

Samples: Special Retention Account Program (Verizon Communications Inc)

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