Common use of No Duplication of Benefits Clause in Contracts

No Duplication of Benefits. Notwithstanding anything to the contrary herein, the lump sum payment due to Executive under Section 2 hereof shall be reduced by the amount of cash severance or salary continuation benefits paid to Executive pursuant to any other plan or policy of the Company or a written employment agreement between the Company (or one of its affiliates) and Executive, it being the intent of the parties that Executive shall not receive post-employment benefits hereunder and under such other plan, policy or written employment agreement.

Appears in 14 contracts

Samples: Change in Control Agreement (Collins & Aikman Corp), Change in Control Agreement (Collins & Aikman Corp), Change in Control Agreement (Collins & Aikman Corp)

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