Common use of Award Benefits Are Not Wages Clause in Contracts

Award Benefits Are Not Wages. The Option and the shares of Common Stock subject to the Option do not form part of the Optionee's wages for the purposes of calculating any statutory or contractual payments under Hong Kong law. None.

Appears in 2 contracts

Samples: Award Agreement for Grant of Non Qualified Stock Options (Columbia Sportswear Co), Award Agreement for Grant of Non Qualified Stock Options (Columbia Sportswear Co)

AutoNDA by SimpleDocs

Award Benefits Are Not Wages. The Option and the shares of Common Stock subject to the Option do not form part of the Optionee's ’s wages for the purposes of calculating any statutory or contractual payments under Hong Kong law. NoneNo country-specific provisions. No country-specific provisions.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement (Columbia Sportswear Co), Non Qualified Stock Options Award Agreement (Columbia Sportswear Co)

AutoNDA by SimpleDocs

Award Benefits Are Not Wages. The Option and the shares of Common Stock subject to the Option do not form part of the Optionee's ’s wages for the purposes of calculating any statutory or contractual payments under Hong Kong law. None.

Appears in 1 contract

Samples: Non Qualified Stock Options Award Agreement (Columbia Sportswear Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!