Common use of Retirement and Welfare Plans Clause in Contracts

Retirement and Welfare Plans. Neither Awards made under the Plan nor shares of Stock or cash paid pursuant to such Awards, may be included as “compensation” for purposes of computing the benefits payable to any Participant under the Company’s or any Affiliate’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participant’s benefit.

Appears in 6 contracts

Samples: Rex Energy Corp, Award Agreement (Supermedia Inc.), Dex Media, Inc.

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Retirement and Welfare Plans. Neither Awards made under the Plan nor shares of Stock or cash paid pursuant to such Awards, may be included as “compensation” for purposes of computing the benefits payable to any Participant person under the Company’s or any Affiliate’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participant’s benefit.

Appears in 5 contracts

Samples: Viasat Inc, Independence Contract (Independence Contract Drilling, Inc.), Rosetta Stone Inc

Retirement and Welfare Plans. Neither Awards made under the Plan nor shares of Stock Shares or cash paid pursuant to such Awards, may be included as “compensation” for purposes of computing the benefits payable to any Participant person under the Company’s or any Affiliate’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participant’s benefit.

Appears in 3 contracts

Samples: Newfield Exploration Co /De/, Newfield Exploration Co /De/, Newfield Exploration Co /De/

Retirement and Welfare Plans. Neither Awards made under the this Plan nor shares of Stock or cash paid pursuant to such Awards, may Awards shall be included as “compensation” compensation for purposes of computing the benefits payable to any Participant Optionee under the Company’s or any Affiliate’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participant’s benefitsuch benefits.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Pernix Group, Inc.), Stock Option Award Agreement (Pernix Group, Inc.)

Retirement and Welfare Plans. Neither The Awards made under the Plan nor shares of Stock or cash paid pursuant to such Awards, may this Plans will not be included as “compensation” for purposes of computing the benefits payable to any Participant under the Company’s or any Affiliate’s retirement plans (both qualified and non-qualifiednonqualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participantParticipant’s benefit.

Appears in 1 contract

Samples: Award Agreement (County Bancorp, Inc.)

Retirement and Welfare Plans. Neither Awards made under the this Plan nor shares of Stock or cash paid pursuant to such Awards, may Awards shall be included as “compensation” for purposes of computing the benefits payable to any Participant under the any Participating Company’s or any Affiliate’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participant’s benefitsuch benefits.

Appears in 1 contract

Samples: Notice and Agreement (Pernix Group, Inc.)

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Retirement and Welfare Plans. Neither Awards made under the Plan nor shares of Stock or cash paid pursuant to such Awards, may be included as "compensation" for purposes of computing the benefits payable to any Participant person under the Company’s 's or any Affiliate’s 's retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participant’s 's benefit.

Appears in 1 contract

Samples: Rosetta Stone Inc

Retirement and Welfare Plans. Neither Awards made under the this Plan nor shares of Stock stock or cash paid pursuant to such Awards, Awards may be included as "compensation" for purposes of computing the benefits payable to any Participant person under the Company’s or any Affiliate’s 's retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participant’s Participant's benefit.

Appears in 1 contract

Samples: Ballantyne Strong, Inc.

Retirement and Welfare Plans. Neither Awards made under the this Plan nor shares of Stock Shares or cash paid pursuant to such Awards, except pursuant to Covered Employee Annual Incentive Awards, may be included as “compensation” for purposes of computing the benefits payable to any Participant under the Company’s or any Subsidiary’s or Affiliate’s retirement plans (both qualified and non-qualified) or welfare benefit plans unless such other plan expressly provides that such compensation shall be taken into account in computing a participantParticipant’s benefit.

Appears in 1 contract

Samples: Employment Agreement (NPS Pharmaceuticals Inc)

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