Common use of Extraordinary Compensation Clause in Contracts

Extraordinary Compensation. The 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 the Participant’s normal or expected compensation, and in no way represent any portion of the Participant’s 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.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (NeuroBo Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (NeuroBo Pharmaceuticals, Inc.)

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Extraordinary Compensation. The 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 the Participant’s your normal or expected compensation, and in no way represent any portion of the Participant’s 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.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (GAN LTD), Nonstatutory Stock Option Agreement (GAN LTD)

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