Exclusive Benefits definition

Exclusive Benefits. Except as may be set forth in your Participation Agreement, this Policy is intended to be the only agreement between you and the Company regarding any severance payments or benefits to be paid to you on account of a termination of employment whether unrelated to, concurrent with, or following, a Change of Control. Accordingly, by executing your Participation Agreement, you hereby forfeit and waive any rights to any severance or change of control benefits set forth in any employment agreement, offer letter and/or equity award agreement, except as set forth in this Policy and/or in your Participation Agreement.
Sample 1

Examples of Exclusive Benefits in a sentence

  • Note 3 – Mutually Exclusive Benefits – Early Retirement on the grounds of Redundancy The benefits under 1.1 and 1.2 above are mutually exclusive.

  • This manual will explain in detail all the Exclusive Benefits we have reserved for the CardmemberPlease spend a few minutes to go through the following pages.

  • The Exclusive Benefits may be communicated to Cardmembers through such means and channels as may be determined by OCBC Bank at its absolute discretion, and Cardmembers are hereby deemed to have consented to OCBC Bank sending such communications to the Cardmembers.

  • The Company is an introducing broker, exempt from making computations of amounts on deposit in the Special Reserve Bank Account for the Exclusive Benefits of Customers, under the provisions of paragraph(k) of Rule 15c3-3 under the Securities and Exchange Act of 1934.

  • This helps the company as the task of disbursing the monthly salaries becomes easier.• Savings Accounts for Senior Citizens: These accounts are created exclusively for senior citizens with added privileges and benefits.• Savings Accounts for Children and Minors: These accounts are created exclusively for children and minors under the guardianship of their parents.• Exclusive Benefits Accounts for Women: As the name suggests, this is an account exclusively for female customers and entrepreneurs.

  • OCBC Bank shall not be responsible or liable to any Cardmember in the event that any Exclusive Benefit(s) is/are not communicated to the relevant Cardmember for any reason whatsoever.

  • For avoidance of doubt, depending on the nature of the relevant benefit, privilege, offer or promotion, the Exclusive Benefits may be offered on a general basis to all Cardmembers, or on a targeted basis to specific groups or segments of the Cardmembers.

  • Exclusive Benefits for Student Cards and Foreigners Exclusive benefits for student cards: Before beginning to use the Bank’s credit cards, please thoroughly read the credit card agreement and understand the rights and obligations of both parties to the contract.

  • IFS Agencies Inc., also segregates customer funds in separate escrow bank accounts designated as “Special Account for the Exclusive Benefits of the Company’s customers.”Deferred Costs—Incentive payments made to banks to build retail relationships are amortized over the life of the contracts with those banks.

  • Calibration source The detector detected the energy level of the soil samples by correctly calibrating the software.

Related to Exclusive Benefits

  • Additional Benefits means those benefits in addition to the rights and remedies available under the Australian Consumer Law.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Extended benefits means benefits, including benefits payable to federal civilian employees and to ex-servicemen under 5 U.S.C. Chapter 85, payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.

  • Fringe benefits means the amount of:

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Employment benefits means all benefits provided or made

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Reciprocal Compensation means an arrangement between two carriers in which each receives compensation from the other carrier for the transport and termination on each carrier's network of Local Traffic, as defined in Section 1.12 above, that originates on the network facilities of the other carrier.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Severance means the complete separation and dismemberment of the part from the body.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Other Income Benefits means any benefits listed in the Other Income Benefits provision that you receive on your own behalf or for your dependents, or which your dependents receive because of your entitlement to Other Income Benefits.