Overlapping Benefits and Payments. In the event that Executive receives payments and/or benefits under one of Paragraphs 5.1 through 5.4, inclusive, Executive may not receive payments and/or benefits under one of the other of such Paragraphs, and the first such applicable of those Paragraphs shall apply.
Appears in 4 contracts
Samples: Employment Agreement (1st Pacific Bancorp), Employment Agreement (1st Pacific Bancorp), Employment Agreement (1st Pacific Bancorp)
Overlapping Benefits and Payments. In the event that Executive receives payments and/or benefits Benefits under one of Paragraphs 5.1 through 5.4, inclusive, Executive may not receive payments and/or benefits Benefits under one of the other of such Paragraphs, and the first such applicable of those Paragraphs shall apply.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (1st Pacific Bancorp), Employment Agreement (1st Pacific Bancorp), Restricted Stock Award Agreement (1st Pacific Bancorp)
Overlapping Benefits and Payments. In the event that the Executive receives payments and/or benefits under one of Paragraphs 5.1 6.1 through 5.46.5 or under a Salary Continuation Agreement or other agreement to the extent it specifically references this Paragraph 6.12, inclusive, the Executive may not receive payments and/or benefits under one of the other of such ParagraphsParagraphs or such agreement, and the first such applicable of those Paragraphs or such other agreement shall apply.
Appears in 2 contracts
Samples: Employment Agreement (Fp Bancorp Inc), Employment Agreement (Fp Bancorp Inc)
Overlapping Benefits and Payments. In the event that the Executive receives payments and/or benefits under one of Paragraphs 5.1 6.1 through 5.46.5 or 6.7, inclusive, the Executive may not receive payments and/or benefits under one of the other of such Paragraphs, and the first such applicable of those Paragraphs shall apply.
Appears in 1 contract
