Common use of Benefits Not in Lieu of Compensation Clause in Contracts

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salary, bonus, or other compensation.

Appears in 22 contracts

Samples: Employment Agreement (Golden State Holdings Inc), Employment Agreement (Hamilton Bancorp Inc), Employment Agreement (Michael Petroleum Corp)

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Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salary, bonus, salary or other compensation.

Appears in 15 contracts

Samples: Employment Agreement (Hilltop Holdings Inc.), Employment Agreement (Hilltop Holdings Inc.), Employment Agreement (Hilltop Holdings Inc.)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salaryBase Salary, bonus, or other compensation, provided that the reporting of any benefits shall be consistent with the Code.

Appears in 11 contracts

Samples: Employment Agreement (Southern States Bancshares, Inc.), Employment Agreement (Southern States Bancshares, Inc.), Employment Agreement (Southern States Bancshares, Inc.)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salarythe Executive's Annual Base Salary, bonus, Annual Bonus or other compensation.

Appears in 11 contracts

Samples: Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salarythe Executive’s Annual Base Salary, bonus, Annual Bonus or other compensation.

Appears in 4 contracts

Samples: Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall will be deemed to be in lieu of base salary, bonus, incentive payment or other compensation.

Appears in 3 contracts

Samples: Waiver and Release Agreement (Bank of Marin Bancorp), Employment Agreement (Bank of Marin Bancorp), Employment Agreement (Bank of Marin Bancorp)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salaryBase Salary, bonusAnnual Bonus, or other compensation.

Appears in 3 contracts

Samples: Employment Agreement (American Eco Corp), Agreement (American Eco Corp), Employment Agreement (American Eco Corp)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive in this Section 9 shall be deemed to be in lieu of base salaryBase Salary, bonus, bonus or other compensation.

Appears in 1 contract

Samples: Employment Agreement (Dress Barn Inc)

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Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive in this Section 7 shall be deemed to be in lieu of base salaryBase Salary, bonus, bonus or other compensation.

Appears in 1 contract

Samples: Employment Agreement (Tween Brands, Inc.)

Benefits Not in Lieu of Compensation. No benefit or perquisite prerequisite provided to the Executive shall be deemed to be in lieu of base salarythe Executive's Annual Base Salary, bonus, Annual Bonus or other compensation.

Appears in 1 contract

Samples: Employment Agreement (Gulfmark Offshore Inc)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salaryBase Salary, bonus, or other compensation.

Appears in 1 contract

Samples: Employment Agreement (Harbor Bankshares Corp)

Benefits Not in Lieu of Compensation. No benefit or ------------------------------------ perquisite provided to the Executive shall be deemed to be in lieu of base salaryBase Salary, bonusAnnual Bonus, or other compensation.

Appears in 1 contract

Samples: Employment Agreement (American Eco Corp)

Benefits Not in Lieu of Compensation. No benefit or perquisite provided to the Executive shall be deemed to be in lieu of base salaryBase Salary, bonusBonus, Quarterly Receivables Bonus or other compensation.

Appears in 1 contract

Samples: Employment Agreement (Home Solutions of America Inc)

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