Severance Offset. Any cash severance payments provided under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate may have entered into with Executive or any severance plan or program maintained by the Company or any affiliate for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this Agreement are to be made.
Appears in 4 contracts
Samples: Change of Control Agreement (Exterran Holdings Inc.), Form of Change of Control Agreement (Exterran Partners, L.P.), Change of Control Agreement (Exterran Holdings Inc.)
Severance Offset. Any Except as otherwise expressly provided in a written agreement between Executive and the Company, any cash severance payments provided payable under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate may have entered into with Executive or any severance plan or program maintained by the Company or any affiliate for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this Agreement are to be made.
Appears in 4 contracts
Samples: Change of Control Agreement (Archrock, Inc.), Change of Control Agreement (Exterran Corp), Form of Change of Control Agreement (Archrock, Inc.)
Severance Offset. Any Except as otherwise expressly provided in a written agreement between Executive and the Company, any cash severance payments provided payable under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate any of its affiliates may have entered into with Executive or any severance plan or program maintained by the Company or any affiliate for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this Agreement are to be madegenerally.
Appears in 2 contracts
Samples: Change of Control Agreement (Exterran Corp), Change of Control Agreement (Exterran Corp)
Severance Offset. Any cash severance payments provided under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate may have entered into with Executive or any severance plan or program maintained by the Company or any affiliate for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this Agreement are to be made.
Appears in 2 contracts
Samples: Change of Control Agreement (Exterran Holdings Inc.), Change of Control and Severance Agreement (Hanover Compressor Co /)
Severance Offset. Any cash severance payments provided payable under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate may have entered into with Executive or any severance plan or program maintained by the Company or any affiliate for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this Agreement are to be made.
Appears in 2 contracts
Samples: Change of Control Agreement (Exterran Holdings Inc.), Change of Control Agreement (Exterran Holdings Inc.)
Severance Offset. Any cash severance payments provided under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate may have entered into with Executive or any severance plan or program maintained by the Company or any affiliate for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this Agreement are to be made.β
Appears in 1 contract
Samples: Change of Control Agreement (Exterran Holdings Inc.)
Severance Offset. Any Except as otherwise expressly provided in a written agreement between Executive and the Company, any cash severance payments provided payable under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate any of its affiliates may have entered into with Executive or any severance plan or program maintained by the Company or any affiliate of its affiliates for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this Agreement are to be madegenerally.
Appears in 1 contract
