Common use of Benefits Not in Lieu of Compensation Clause in Contracts

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to Employee shall be deemed to be in lieu of base salary or other compensation.

Appears in 11 contracts

Samples: Employment Agreement (Centennial Bank Holdings, Inc.), Employment Agreement (Heartland Financial Usa Inc), Employment Agreement (Heartland Financial Usa Inc)

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Benefits Not in Lieu of Compensation. No benefit or perquisite provided to Employee shall be deemed to be in lieu of base salary salary, bonus, or other compensation.

Appears in 3 contracts

Samples: Employment and Confidentiality Agreement (Cardinal Health Inc), Employment and Confidentiality Agreement (Boron Lepore & Associates Inc), Employment and Confidentiality Agreement (Savient Pharmaceuticals Inc)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Employee shall be deemed to be in lieu of base salary Base Salary, Annual Incentive Payment or other compensation, provided that the reporting of any benefits shall be consistent with IRS regulations.

Appears in 1 contract

Samples: Employment Agreement (West Bancorporation Inc)

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Benefits Not in Lieu of Compensation. No benefit or perquisite provided to Employee shall be deemed to be in lieu of base salary salary, bonus, or other compensation, provided that the reporting of any benefits shall be consistent with IRS regulations.

Appears in 1 contract

Samples: Employment Agreement (Greene County Bancshares Inc)

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