Common use of Effect on Other Benefits Clause in Contracts

Effect on Other Benefits. The value of Units and DERs distributed with respect to the Phantom Units shall not be considered eligible earnings for purposes of any other plans maintained by the Employer. Neither shall such value be considered part of the Participant’s compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

Appears in 8 contracts

Samples: Phantom Unit Grant Agreement (Buckeye Partners, L.P.), Deferral and Incentive Plan (Buckeye Partners, L.P.), Phantom Unit Grant Agreement (Buckeye Partners, L.P.)

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Effect on Other Benefits. The value of Units and DERs distributed with respect to the Phantom Performance Units shall not be considered eligible earnings for purposes of any other plans maintained by the Employer. Neither shall such value be considered part of the Participant’s compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

Appears in 4 contracts

Samples: Performance Unit Grant Agreement (Buckeye Partners, L.P.), Performance Unit Grant Agreement (Buckeye Partners, L.P.), Performance Unit Grant Agreement (Buckeye Partners, L.P.)

Effect on Other Benefits. The value of Units and DERs distributed with respect to the Phantom Performance Units shall not be considered eligible earnings for purposes of any other plans maintained by the Employer. Neither shall such value be considered part of the ParticipantService Provider’s compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

Appears in 1 contract

Samples: Performance Unit Grant Agreement (Crestwood Midstream Partners LP)

Effect on Other Benefits. The value of Units and DERs distributed with respect to the Phantom Restricted Units shall not be considered eligible earnings for purposes of any other plans maintained by the Employer. Neither shall such value be considered part of the Participant’s 's compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

Appears in 1 contract

Samples: Phantom Unit Grant Agreement (Atlas Pipeline Holdings, L.P.)

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Effect on Other Benefits. The value of Units and DERs distributed with respect to the Phantom Units shall not be considered eligible earnings for purposes of any other plans maintained by the Employer. Neither shall such value be considered part of the Participant’s compensation for purposes of determining or calculating other benefits that are based on compensation, such as life insurance.

Appears in 1 contract

Samples: Phantom Unit Grant Agreement (Buckeye Partners, L.P.)

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