Common use of Effect on Other Employee Benefit Plans Clause in Contracts

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant to this Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Participant’s benefits under any employee benefit plan sponsored by the Company or any Related Entity, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Related Entity’s employee benefit plans.

Appears in 12 contracts

Samples: Restricted Stock Unit Award Agreement (Lam Research Corp), Restricted Stock Unit Award Agreement (Lam Research Corp), Restricted Stock Unit Award Agreement (Lam Research Corp)

AutoNDA by SimpleDocs

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant to this Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Participant’s benefits under any employee benefit plan sponsored by the Company or any Related EntityAffiliate, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Related EntityAffiliate’s employee benefit plans.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Lam Research Corp), Restricted Stock Unit Award Agreement (Lam Research Corp)

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant subject to this Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Participant’s your benefits under any employee benefit plan sponsored by the Company or any Related EntityAffiliate, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Related EntityAffiliate’s employee benefit plans.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Immunomedics Inc), Restricted Stock Units Agreement (CareMax, Inc.)

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant subject to this Agreement or the stock underlying the RSUs upon issuance to you shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Participant’s benefits under any employee benefit plan (other than the Plan) sponsored by the Company or any Related Entity, Affiliate except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any or all of the Company’s employee benefit plans of the Company or any Related Entity’s employee benefit plansAffiliate.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Luna Innovations Inc)

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant to this Agreement and the value of shares of Common Stock received in settlement of such RSUs shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the ParticipantExecutive’s benefits under any employee benefit plan sponsored by the Company or any Related Entity, Subsidiary except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Related EntitySubsidiary’s employee benefit plans.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Grainger W W Inc)

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant RSU subject to this Award Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Participant’s benefits under any employee benefit plan (other than the Plan) sponsored by the Company or any Related Entity, Affiliate except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any or all of the Company’s employee benefit plans of the Company or any Related Entity’s employee benefit plansAffiliate.

Appears in 1 contract

Samples: Restricted Stock Unit Award Grant Notice and Award Agreement (Adamis Pharmaceuticals Corp)

AutoNDA by SimpleDocs

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant to this Agreement shall (and any shares issuable upon vesting of the RSUs) will not be included as compensation, earnings, salaries, or other similar terms used when calculating the ParticipantGrantee’s benefits under any employee benefit plan sponsored by the Company or any Related EntityAffiliate, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Related EntityAffiliate’s employee benefit plans.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (AquaBounty Technologies, Inc.)

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant to this Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Participant’s benefits under any employee benefit plan sponsored by the Company MBT or any Related Entity, subsidiary except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Related Entity’s employee benefit plans.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (MBT Financial Corp)

Effect on Other Employee Benefit Plans. The value of the RSUs granted pursuant to this Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Participant’s 's benefits under any employee benefit plan sponsored by the Company MBT or any Related Entity, subsidiary except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Related Entity’s employee benefit plans.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (MBT Financial Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.