Common use of OVERRIDING LIMITATION Clause in Contracts

OVERRIDING LIMITATION. You will in all events be entitled to receive the full amount of your severance payment under Paragraph 1, to the extent those benefits, when added to the present value of your Equity Parachute Payment and your Other Parachute Payments (excluding such severance payment), will nevertheless qualify as reasonable compensation within the standards established under Code Section 280G(b)(4).

OVERRIDING LIMITATION. You will shall in all events be entitled to receive the full amount of your severance payment under Paragraph 11 of this Part Three, to the extent those benefits, when added to the present value of your Equity Option Parachute Payment and your Other Parachute Payments (excluding such severance payment), will shall nevertheless qualify as reasonable compensation within the standards established under Code Section 280G(b)(4).

OVERRIDING LIMITATION. You will in all events be entitled to receive the full amount of your severance payment under Paragraph 1, to the extent those benefits, when added to the present value of your Equity Parachute Payment and your Other Parachute Payments (excluding such severance payment), will nevertheless qualify as reasonable compensation within the Xxxxxx Negro-Xxxxx, M.D., Ph.D. March 11, 2005 Page 10 standards established under Code Section 280G(b)(4).