Common use of Overpayment Clause in Contracts

Overpayment. If, due to mistake or any other reason, the Employee receives benefits under this Agreement in excess of what this Agreement provides, the Employee shall repay the overpayment to the Company in a lump sum within thirty (30) days of notice of the amount of overpayment. If the Employee fails to so repay the overpayment, then without limiting any other remedies available to the Company, the Company may deduct the amount of the overpayment from any other benefits which become payable to the Employee under this Agreement or otherwise.

Appears in 13 contracts

Samples: Change in Control Severance Agreement (Delek US Holdings, Inc.), Change in Control Agreement (HollyFrontier Corp), Change in Control Agreement (HollyFrontier Corp)

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Overpayment. If, due to mistake or any other reason, the Employee receives benefits under this Agreement in excess of what this Agreement provides, the Employee shall repay the overpayment to the Company Hxxxx in a lump sum within thirty (30) days of notice of the amount of overpayment. If the Employee fails to so repay the overpayment, then then, without limiting any other remedies available to the CompanyHxxxx, the Company Xxxxx may deduct the amount of the overpayment from any other benefits which become payable to the Employee under this Agreement or otherwise.

Appears in 2 contracts

Samples: Change in Control Agreement (Holly Corp), Change in Control Agreement (Holly Energy Partners Lp)

Overpayment. If, due to mistake or any other reason, the Employee receives benefits under this Agreement in excess of what this Agreement provides, the Employee shall repay the overpayment to the Company Partnership in a lump sum within thirty (30) days of notice of the amount of overpayment. If the Employee fails to so repay the overpayment, then then, without limiting any other remedies available to the CompanyPartnership, the Company Partnership may deduct the amount of the overpayment from any other benefits which become payable to the Employee under this Agreement or otherwise.

Appears in 2 contracts

Samples: Change in Control Agreement (Holly Energy Partners Lp), Change in Control Agreement (Holly Energy Partners Lp)

Overpayment. If, due to mistake or any other reason, the Employee receives benefits under this Agreement in excess of what this Agreement provides, the Employee shall repay the overpayment to the Company in a lump sum within thirty (30) 30 days of notice of the amount of overpayment. If the Employee fails to so repay the overpayment, then without limiting any other remedies available to the Company, the Company may deduct the amount of the overpayment from any other benefits which become payable to the Employee under this Agreement by the Company or otherwiseany Affiliate of the Company.

Appears in 2 contracts

Samples: Performance Award Agreement (Natural Resource Partners Lp), Term Incentive Award Agreement (Natural Resource Partners Lp)

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Overpayment. If, due to mistake or any other reason, the Employee receives benefits under this Agreement in excess of what this Agreement provides, the Employee shall repay the overpayment to the Company Employer in a lump sum within thirty (30) 30 days of notice of the amount of overpayment. If the Employee fails to so repay the overpayment, then without limiting any other remedies available to the CompanyEmployer, the Company Employer may deduct the amount of the overpayment from any other benefits which become payable to the Employee under this Agreement or otherwiseby the Employer.

Appears in 1 contract

Samples: Retention Bonus Agreement (LSB Industries Inc)

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