Common use of No Duplication of Benefits Clause in Contracts

No Duplication of Benefits. Employee shall be entitled to one, and only one, of the payments and benefits described in Section 3.05 or Section 4.02, as applicable to the circumstances of Employee’s Termination.

Appears in 8 contracts

Samples: Confidentiality Agreement, Confidentiality Agreement (Seahawk Drilling, Inc.), Confidentiality Agreement (Seahawk Drilling, Inc.)

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No Duplication of Benefits. Employee shall be entitled to one, and only one, of the termination payments and benefits described in Section 3.05 3.05, Section 3.06a, Section 3.06b, Section 3.07, Section 4.01 or Section 4.02, as applicable to the circumstances of Employee’s Terminationtermination of employment.

Appears in 2 contracts

Samples: Confidentiality Agreement (Pride SpinCo, Inc.), Confidentiality Agreement (Pride International Inc)

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No Duplication of Benefits. Employee shall be entitled to one, and only one, of the termination payments and benefits described in Section 3.05 3.05, Section 3.06a, Section 3.06b, Section 4.01 or Section 4.02, as applicable to the circumstances of Employee’s Terminationtermination of employment.

Appears in 2 contracts

Samples: Confidentiality Agreement (Pride SpinCo, Inc.), Confidentiality Agreement (Pride SpinCo, Inc.)

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