Effect on Other Employee Benefit Plans. In the event that you become an Employee, the value of the Award subject to this Restricted Stock Unit Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the your benefits under any employee benefit plan sponsored by the Company or any Affiliate, 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 Affiliate’s employee benefit plans.
Appears in 4 contracts
Samples: Option Agreement (Exelixis, Inc.), Incentive Plan Restricted Stock Unit Agreement (Exelixis, Inc.), Equity Incentive Plan Restricted Stock Unit Agreement (Exelixis, Inc.)
