Common use of Reduction of Payments Clause in Contracts

Reduction of Payments. The amount of any payments due under this Section 8.B. shall be reduced by any payments to which the Executive is entitled for the same period because of disability under any disability benefit plan of the Company (including but not limited to RISPE disability benefits) providing salary continuation.

Appears in 9 contracts

Samples: Change in Control Agreement (Mony Group Inc), Change in Control Agreement (Mony Group Inc), Change in Control Agreement (Mony Group Inc)

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Reduction of Payments. The amount of any payments due under this Section 8.B. 8(B) shall be reduced by any payments to which the Executive is entitled for the same period because of disability under any disability benefit plan of the Company (including but not limited to RISPE disability benefits) providing salary continuation.

Appears in 2 contracts

Samples: Employment Agreement (Mony Group Inc), Employment Agreement (Advest Group Inc)

Reduction of Payments. The amount of any payments due under this Section 8.B. shall be reduced by any payments to which the Executive is entitled for the same period because of disability under any disability benefit plan of the Company (including but not limited to RISPE disability benefits) providing salary continuation.

Appears in 1 contract

Samples: Change in Control Agreement (Mony Group Inc)

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Reduction of Payments. The amount of any payments due under this Section 8.B. 9.B. shall be reduced by any payments to which the Executive is entitled for the same period because of disability under any disability benefit plan of the Company (including but not limited to RISPE disability benefits) providing salary continuation.

Appears in 1 contract

Samples: Change in Control (Mony Group Inc)

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