Common use of Sole Consideration Clause in Contracts

Sole Consideration. Except as specifically provided in this Agreement, Consultant shall be entitled to no compensation or benefits from the Company or the Bank with respect to the Services, including, without limitation, any bonus or equity awards or other long-term incentive awards, and shall not be credited with any periods of service, age, or other credit for purposes of eligibility, vesting, or benefit accrual under any employee benefit plan of the Bank or the Company.

Appears in 2 contracts

Samples: Consulting Agreement (Third Coast Bancshares, Inc.), Consulting Agreement (Norwood Financial Corp)

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Sole Consideration. Except as specifically provided in this Agreementherein, the Consultant shall be entitled to no compensation or benefits from the Company or the Bank with respect to the Services, including, without limitation, any bonus or equity awards or other long-term incentive awards, consulting services from the Company and shall not will be credited with any periods of service, age, no service or other age credit for purposes of eligibility, vesting, vesting or benefit accrual under any employee benefit plan of the Bank or the Company.

Appears in 2 contracts

Samples: Consulting Agreement, Consulting Agreement (Unum Group)

Sole Consideration. Except as specifically provided in this Agreementherein, the Consultant shall be entitled to no compensation or benefits from the Company or the Bank with respect to the Services, including, without limitation, any bonus or equity awards or other long-term incentive awardsconsulting services from the Company, and under no circumstances shall not the Consultant be credited with any periods of service, age, or other credit service for purposes of eligibility, vesting, vesting or benefit accrual under any employee benefit plan of the Bank or the Company.

Appears in 2 contracts

Samples: Consulting Agreement (Unum Group), Board Consulting Agreement (Unum Group)

Sole Consideration. Except as specifically provided in this Agreementherein, the Consultant shall be entitled to no compensation or benefits from the Company or the Bank with respect to the ServicesConsulting Services or Board Services from Buyer, including, without limitation, any bonus its subsidiaries or equity awards or other long-term incentive awards, affiliates (the “Affiliated Entities”) and shall not will be credited with any periods of service, age, no service or other age credit for purposes of eligibility, vesting, vesting or benefit accrual under any employee benefit plan of any of the Bank Affiliated Entities for the Consulting Services or the CompanyBoard Services.

Appears in 1 contract

Samples: Consulting Agreement (Royal Bank of Scotland Group PLC)

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Sole Consideration. Except as specifically provided in this Agreementherein, the Consultant shall be entitled to no compensation or benefits from the Company or the Bank with respect to the Services, including, without limitation, any bonus or equity awards or other long-term incentive awards, and shall not be credited with any periods of service, age, or other credit for purposes of eligibility, vesting, or benefit accrual under any employee benefit plan of the Bank or consulting services from the Company.

Appears in 1 contract

Samples: Retainer Agreement (Unum Group)

Sole Consideration. Except as specifically provided in this Agreementherein, the Consultant shall be entitled to no compensation or benefits from the Company or the Bank with respect to the ServicesConsulting Services from the Company, includingits subsidiaries or affiliates (each, without limitationan “Affiliated Entity” and collectively, any bonus or equity awards or other long-term incentive awards, the “Affiliated Entities”) and shall not will be credited with any periods of service, age, no service or other age credit for purposes of eligibility, vesting, vesting or benefit accrual under any employee benefit plan of any of the Bank or Affiliated Entities for the CompanyConsulting Services.

Appears in 1 contract

Samples: Consulting Agreement (Handleman Co /Mi/)

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