Common use of Non-duplication Clause in Contracts

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the Bank, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank and all of their respective direct or indirect subsidiaries and affiliates.

Appears in 26 contracts

Sources: Employment Agreement (Hudson City Bancorp Inc), Employment Agreement (Hudson City Bancorp Inc), Employment Agreement (Hudson City Bancorp Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank or Company, the Bank, and/or any other of their direct or indirect subsidiary or affiliate of the Company or the Banksubsidiaries, any compensation or benefits provided to the Executive by such other employer or pursuant to such employer’s employee benefit plans shall be applied to offset the obligations of the Company Employer hereunder, it being intended that the provisions of this Agreement shall set forth the aggregate compensation and benefits payable to the Executive for all services rendered to the Company, the Bank Bank, and all any of their respective direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 8 contracts

Sources: Employment Agreement (Bar Harbor Bankshares), Employment Agreement (Bar Harbor Bankshares), Employment Agreement (Bar Harbor Bankshares)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank Company and all of their respective its direct or indirect subsidiaries and affiliatessubsidiaries, including the Bank.

Appears in 7 contracts

Sources: Employment Agreement (Slades Ferry Bancorp), Employment Agreement (Slades Ferry Bancorp), Employment Agreement (Slades Ferry Bancorp)

Non-duplication. In the event that the Executive shall perform services for the Bank Company or any other direct or indirect subsidiary or affiliate of the Company or the Bank, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Company Bank hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the CompanyBank, the Bank Company and all of their respective direct or indirect subsidiaries and affiliates.

Appears in 6 contracts

Sources: Employment Agreement (Hudson City Bancorp Inc), Employment Agreement (Hudson City Bancorp Inc), Employment Agreement (Hudson City Bancorp Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation or benefits provided to the Executive by such other employer employee shall be applied to offset the obligations of the Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank Company and all of their respective its direct or indirect subsidiaries and affiliatessubsidiaries, including the Bank.

Appears in 6 contracts

Sources: Employment Agreement (Falmouth Bancorp Inc), Employment Agreement (Falmouth Bancorp Inc), Employment Agreement (Mystic Financial Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation or benefits provided to the Executive by such other employer or pursuant to such employer’s employee benefit plans shall be applied to offset the obligations of the Company hereunder, it being intended that the provisions of this Agreement shall set forth the aggregate compensation and benefits payable to the Executive for all services rendered to the Company, the Bank and all of their respective any other direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 3 contracts

Sources: Employment Agreement (New Hampshire Thrift Bancshares Inc), Employment Agreement (New Hampshire Thrift Bancshares Inc), Employment Agreement (New Hampshire Thrift Bancshares Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank Company or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation or benefits provided to the Executive by such other employer or pursuant to such employer’s employee benefit plans shall be applied to offset the obligations of the Company Bank hereunder, it being intended that the provisions of this Agreement shall set forth the aggregate compensation and benefits payable to the Executive for all services rendered to the CompanyBank, the Bank Company and all of their respective any other direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 3 contracts

Sources: Employment Agreement (New Hampshire Thrift Bancshares Inc), Employment Agreement (New Hampshire Thrift Bancshares Inc), Employment Agreement (New Hampshire Thrift Bancshares Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank Company or any other direct or indirect subsidiary or affiliate of the Company or the Bank, it is intended that any compensation or benefits provided to the Executive by such other employer shall be applied to offset not duplicate the obligations of the Company hereunder, it being intended that compensation or benefits provided under this Agreement set forth the aggregate Agreement. The compensation and benefits payable under this Agreement shall be reduced to the Executive for all services extent necessary to the Company, the Bank and all of their respective direct or indirect subsidiaries and affiliateseffectuate this intention.

Appears in 3 contracts

Sources: Employment Agreement (Hudson River Bancorp Inc), Employment Agreement (Cohoes Bancorp Inc), Employment Agreement (Cohoes Bancorp Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank Association or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank Company and all of their respective its direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 2 contracts

Sources: Employment Agreement (Astoria Financial Corp), Employment Agreement (Astoria Financial Corp)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankHolding Company, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Holding Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank Holding Company and all of their respective its direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 2 contracts

Sources: Employment Agreement (Carver Bancorp Inc), Employment Agreement (Carver Bancorp Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the Commercial Bank, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Company and the Commercial Bank hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Commercial Bank and all of their respective direct or indirect subsidiaries and affiliates.

Appears in 2 contracts

Sources: Employment Agreement (Warwick Community Bancorp Inc), Employment Agreement (Warwick Community Bancorp Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankHolding Company, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Holding Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank Holding Company and all of their respective its direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 2 contracts

Sources: Executive Employment Agreement (Big Foot Financial Corp), Executive Employment Agreement (Big Foot Financial Corp)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, it is intended that any compensation or benefits provided to the Executive by such other employer shall be applied to offset not duplicate the obligations of the Company hereunder, it being intended that compensation or benefits provided under this Agreement set forth the aggregate Agreement. The compensation and benefits payable under this Agreement shall be reduced to the Executive for all services extent necessary to the Company, the Bank and all of their respective direct or indirect subsidiaries and affiliateseffectuate this intention.

Appears in 2 contracts

Sources: Employment Agreement (Hudson River Bancorp Inc), Employment Agreement (Cohoes Bancorp Inc)

Non-duplication. In the event This Agreement provides that the Executive shall perform services for the Company, the Bank or any and other direct or indirect subsidiary or affiliate of the Company or the Bank, any . Any compensation or benefits provided to the Executive by each such other employer shall be applied to offset the obligations of the Company and the Bank hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank and all of their respective direct or indirect subsidiaries and affiliates.

Appears in 2 contracts

Sources: Employment Agreement (Trustcompany Bancorp), Employment Agreement (Trustcompany Bancorp)

Non-duplication. In the event that the Executive Chairman shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation or benefits provided to the Executive Chairman by such other employer or pursuant to such employer’s employee benefit plans shall be applied to offset the obligations of the Company hereunder, it being intended that the provisions of this Agreement shall set forth the aggregate compensation and benefits payable to the Executive Chairman for all services rendered to the Company, the Bank and all of their respective any other direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 1 contract

Sources: Executive Chairman Employment Agreement (New Hampshire Thrift Bancshares Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the Bank, any compensation or benefits provided to the Executive by such other employer employee shall be applied to offset the obligations of the Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank and all of their respective direct or indirect subsidiaries and affiliates.

Appears in 1 contract

Sources: Employment Agreement (Warwick Community Bancorp Inc)

Non-duplication. In the event that the Executive shall perform services for the Bank or any other direct or indirect subsidiary or affiliate of the Company or the Bank, any compensation or benefits provided to the Executive by such other employer shall be applied to offset the obligations of the Company hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Company, the Bank Company and all of their respective direct or indirect its subsidiaries and affiliates.

Appears in 1 contract

Sources: Employment Agreement (Warwick Community Bancorp Inc)

Non-duplication. In the event that the Executive Chairman shall perform services for the Bank Company or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation or benefits provided to the Executive Chairman by such other employer or pursuant to such employer’s employee benefit plans shall be applied to offset the obligations of the Company Bank hereunder, it being intended that the provisions of this Agreement shall set forth the aggregate compensation and benefits payable to the Executive Chairman for all services rendered to the CompanyBank, the Bank Company and all of their respective any other direct or indirect subsidiaries and affiliatessubsidiaries.

Appears in 1 contract

Sources: Executive Chairman Employment Agreement (New Hampshire Thrift Bancshares Inc)