Common use of Payments or Benefits Required by Law Clause in Contracts

Payments or Benefits Required by Law. Executive will receive such other compensation or benefits from the Company as may be required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 23 contracts

Samples: Paul Tufano Employment Agreement (Solectron Corp), Solectron Corporation (Solectron Corp), Employment Agreement (Solectron Corp)

Payments or Benefits Required by Law. Executive Employee will receive such other compensation or benefits from the Company as may be required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 17 contracts

Samples: Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Giga Tronics Inc), Severance Agreement (Giga Tronics Inc)

Payments or Benefits Required by Law. Executive Employee will receive such other compensation or benefits from the Company as may be required by law (for example, “COBRA” coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the “Code”)).

Appears in 5 contracts

Samples: Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Catalyst Semiconductor Inc), Severance Agreement (Catalyst Semiconductor Inc)

Payments or Benefits Required by Law. Executive will receive such other compensation or benefits from the Company as may be required by law (for example, "COBRA" coverage under Section 4980B of the Internal Revenue Code of 1986, as amended (the "Code")).

Appears in 1 contract

Samples: Neese Employment Agreement (Solectron Corp)