Common use of WARN Act Offset Clause in Contracts

WARN Act Offset. In the event that Executive's Involuntary Termination (as defined in the Severance Benefit Plan) is covered by the Worker Adjustment Retraining Notification Act ("WARN") at the time of Executive's termination, or is deemed to be covered by WARN retrospectively within 90 days after Executive's termination, the amount of any severance benefit Executive is entitled to receive pursuant to the Severance Benefit Plan shall be reduced by an amount equal to any payments the Company is required to provide Executive under WARN or by the amount of pay Executive receives during any portion of WARN's 60-day notice period where Executive does not perform any work for the Company.