Non-duplication. In the event that the Executive shall perform services for the 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 Bank hereunder.
Appears in 17 contracts
Sources: Employment Agreement (Western New England Bancorp, Inc.), Employment Agreement (Western New England Bancorp, Inc.), Employment Agreement (Western New England Bancorp, Inc.)
Non-duplication. In the event that the Executive shall perform services for the Company 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 Bank hereunder, it being intended that this Agreement set forth the aggregate compensation and benefits payable to the Executive for all services to the Bank and all of its respective direct or indirect subsidiaries and affiliates.
Appears in 5 contracts
Sources: Employment Agreement (Lake Shore Bancorp, Inc.), Employment Agreement (Lake Shore Bancorp, Inc.), Employment Agreement (Lake Shore Bancorp, Inc.)
Non-duplication. In the event that the Executive shall perform services for the 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 Bank hereunder.<PAGE>
Appears in 3 contracts
Sources: Employment Agreement (Westfield Financial Inc), Employment Agreement (Westfield Financial Inc), Employment Agreement (Westfield Financial Inc)
Non-duplication. In the event that the Executive shall perform services for the Company Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation compensation, benefits or benefits perquisites provided to the Executive by such other employer shall be applied to offset the obligations of the Bank Company hereunder, it being intended that this Agreement set forth the aggregate compensation, benefits and perquisites payable to the Executive for all services to the Company and all of its direct or indirect subsidiaries.
Appears in 2 contracts
Sources: Company Employment Agreement (Camner Alfred R), Company Employment Agreement (Bankunited Financial Corp)
Non-duplication. In the event that the Executive shall perform services for the Company Bank or any other direct or indirect subsidiary or affiliate of the Company or the BankCompany, any compensation compensation, benefits or benefits perquisites provided to the Executive by such other employer shall be applied to offset the obligations of the Bank Company hereunder., it being intended that this Agreement set forth the aggregate compensation, benefits and perquisites payable to the Executive for all services to the Company and all of its direct or indirect subsidiaries. Third Amended and Restated Employment Agreement BankUnited Financial Corporation
Appears in 1 contract