Extraordinary Compensation. This Award and the Shares subject to the Award are not intended to constitute or replace any pension rights or compensation and are not to be considered compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represent any portion of your salary, compensation or other remuneration for any purpose, including but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments.
Extraordinary Compensation. This Option and the Shares subject to the Option are not intended to constitute or replace any pension rights or compensation and are not to be considered compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represent any portion of your salary, compensation or other remuneration for any purpose, including but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments.
Extraordinary Compensation. Employee shall have the right, in addition to all other compensation provided for in this Section 2, to additional extraordinary compensation in accordance with the following terms:
Extraordinary Compensation. The value of this Stock Option shall be an extraordinary item of compensation outside the scope of the Grantee’s employment or service contract, if any, and shall not be considered a part of his or her normal or expected compensation for purposes of calculating severance, resignation, redundancy or end-of-service payments, bonuses, long-service awards, pension or retirement benefits or similar payments.
Extraordinary Compensation. In the event that, as a result of the consummation of the transactions contemplated hereunder, any employee, officer or director of Seller shall be entitled to any severance, bonus or other extraordinary payment (including under any Employee Benefit Plan), such payment shall be made by Seller, and neither the Company nor Parent shall have any liability therefor.
Extraordinary Compensation. The value of this Option shall be an extraordinary item of compensation outside the scope of the Participant’s employment contract, if any, and shall not be considered a part of his or her normal or expected compensation for purposes of calculating severance, resignation, redundancy or end-of-service payments, bonuses, long-service awards, pension or retirement benefits or similar payments.
Extraordinary Compensation. Employee shall have the right, in addition to all other compensation provided for in this Section 2, to continued additional extraordinary compensation in the event of termination of employment of Employee pursuant to Section 5.2.1. In such event, Employee shall continue to be paid the salary provided in Section 2.1 through the second anniversary of the Effective Date in the manner and at the times at which regular compensation was paid to Employee during the term of his employment under the Agreement, provided, however, that the present value of the stream of payments to be made to Employee shall not exceed 295 percent of Employee's Annualized Includable Compensation (in which event the payments shall be reduced pro rata such that the present value thereof does not exceed such amount). By way of illustration and without limitation, if the Effective Date is assumed to be October 15, 2000 and Employee is terminated pursuant to Section 5.2.1 on January 15, 2001, then Employee would continue to receive salary through October 14, 2002.
Extraordinary Compensation. Employee shall have the right, in addition to all other compensation provided for in this Section 2, to additional extraordinary compensation in accordance with the terms set forth in Schedule 2.3 attached to this Agreement (the absence of which shall indicate that no additional extraordinary compensation is so provided for).
Extraordinary Compensation. In the event that, as a result of the consummation of the transactions contemplated hereunder, any employee, officer or director of PRI shall be entitled to any severance, bonus or other extraordinary payment, such payment shall be made by Seller Parent or Seller, and PRI shall have no liability therefor.
Extraordinary Compensation. The value of the Phantom Stock is an extraordinary item of compensation, in the nature of a bonus, and as such is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end-of-service payments, bonuses, long-service awards, pension or retirement benefits or similar payments.
