Common use of Labor Law Acknowledgment Clause in Contracts

Labor Law Acknowledgment. Participant acknowledges that pursuant to Article 128 of the Colombian Labor Code, the Plan and related benefits do not constitute a component of “salary” for any legal purpose. Notifications

Appears in 3 contracts

Samples: Performance Share Award Agreement (3m Co), Restricted Stock Unit Award Agreement (Solventum Corp), Restricted Stock Unit Award Agreement (3m Co)

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Labor Law Acknowledgment. This provision supplements the acknowledgment contained in Section 16 of the Agreement: The Participant acknowledges that that, pursuant to Article 128 of the Colombian Labor Code, the Plan Program and related benefits do not constitute a component of his or her “salary” for any legal purpose. Notifications

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Edwards Lifesciences Corp), Restricted Stock Unit Award Agreement (Edwards Lifesciences Corp)

Labor Law Acknowledgment. The Participant acknowledges that that, pursuant to Article 128 of the Colombian Labor Code, the Plan and related benefits do not constitute a component of his or her “salary” for any legal purpose. Notifications.

Appears in 2 contracts

Samples: Share Incentive Plan (Estee Lauder Companies Inc), Restricted Stock Unit Agreement (Estee Lauder Companies Inc)

Labor Law Acknowledgment. Participant acknowledges that pursuant to Article 128 of the Colombian Labor Code, the Plan and related benefits do not constitute a component of “salary” for any legal purpose. Notifications.

Appears in 1 contract

Samples: Stock Option Award Agreement (3m Co)

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Labor Law Acknowledgment. This provision supplements the acknowledgment contained in Section 14 of the Agreement: The Participant acknowledges that that, pursuant to Article 128 of the Colombian Labor Code, the Plan Program and related benefits do not constitute a component of his or her “salary” for any legal purpose. Notifications.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Edwards Lifesciences Corp)

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