Effect on Other Compensation Sample Clauses

Effect on Other Compensation. The benefits provided hereunder are in addition to the Employee’s regular compensation and do not affect the Employee’s right to participate in any other deferred compensation arrangement or retirement plan which is now in effect or which may be adopted by the Company in the future.
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Effect on Other Compensation. By acceptance of this Agreement, you agree that the Retention Bonus is in lieu of any annual cash incentive bonus that otherwise may be payable to you in respect of the 2019 calendar year, and you hereby waive any right to receive such bonus. You also understand and agree that by executing this Agreement any rights that you may have with respect to any severance payments as a result of a termination of your employment during the Retention Period shall be reduced, but not below zero, by an amount equal to the product of (i) your Retention Bonus and (ii) a fraction, the numerator of which is the number of days remaining in the Retention Period following the date of termination of your employment and the denominator of which is 365. To the extent any severance payments are made in installments, such reduction shall be applied to the last payment(s) of the applicable severance period.
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Effect on Other Compensation. By signing this Agreement, for good and valuable consideration provided herein, you agree and acknowledge that you have no further right or entitlement to (i) incentive-based compensation from the Company or the Parent, as applicable, under the 2024 Short-Term Incentive Plan, (ii) incentive-based compensation from the Company or the Parent, as applicable, under the 2024 Long-Term Incentive Plan, [(iii) the one-time retention cash bonus from the Company or the Parent, as applicable, under the 2023 Retention Program,]1 and (iv) the cash bonus from the Company or the Parent, as applicable, 1 [NTD: To be tailored to each executive, as applicable.] under the 2023 Bonus Payout program due in March 2024. You also hereby agree that you will not assert a claim for severance or related payments, rights or benefits against the Company or any of its affiliates from the date hereof through the earlier of the conclusion of any chapter 11 case of the Parent and the Retention Date.
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Effect on Other Compensation. By acceptance of this KERP Amendment, you are not waiving your right to receive any future annual cash incentive bonus that otherwise may be payable to you under the Company’s cash incentive plan. 4.
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Effect on Other Compensation. The payments under this Agreement are neither intended nor should be construed as being additions to base salary or included in calculations of benefits, salary increases, other bonus payments or severance. .
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Effect on Other Compensation 
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Related to Effect on Other Compensation

  • No Limit on Other Compensation Arrangements Nothing contained in this Agreement shall preclude the Company or any Related Entity from adopting or continuing in effect other or additional compensation plans, agreements or arrangements, and any such plans, agreements and arrangements may be either generally applicable or applicable only in specific cases or to specific persons.

  • Effect on Other Benefits In no event shall the value, at any time, of the RSUs or any other payment under this Agreement be included as compensation or earnings for purposes of any other compensation, retirement, or benefit plan offered to employees of the Company or any subsidiary of the Company unless otherwise specifically provided for in such plan. The RSUs and the underlying shares of Common Stock (or their cash equivalent), and the income and value of the same, are not part of normal or expected compensation or salary for any purpose including, but not limited to, calculation of any severance, resignation, termination, redundancy or end-of-service payments, holiday pay, bonuses, long-service awards, leave-related payments, pension or retirement benefits, or similar mandatory payments.

  • Effect on Other Plans An election by the Executive to resign after a Change in Control under the provisions of this Agreement shall not be deemed a voluntary termination of employment by the Executive for the purpose of interpreting the provisions of any of the Company’s benefit plans, programs or policies. Nothing in this Agreement shall be construed to limit the rights of the Executive under the Company’s benefit plans, programs or policies except as otherwise provided in Section 5 hereof, and except that the Executive shall have no rights to any severance benefits under any severance pay plan.

  • Other Compensation The Company may, upon recommendation of the Compensation Committee, award to the Executive such other bonuses and compensation as it deems appropriate and reasonable.

  • No Other Compensation Except as expressly provided in Sections 1.4 through 1.7, Executive shall not be entitled to any other compensation or benefits.

  • Effect on Other Bank Benefit Plans Nothing contained in this Executive Plan shall affect the right of the Executive to participate in or be covered by any qualified or non-qualified pension, profit-sharing, group, bonus or other supplemental compensation or fringe benefit plan constituting a part of the Bank's existing or future compensation structure.

  • No Effect on Other Contractual Rights The provisions of this Agreement, and any payment provided for hereunder, shall not reduce any amounts otherwise payable to the Executive, or in any way diminish the Executive’s rights as an employee of the Company or any of its affiliated companies, whether existing on the date of this Agreement or hereafter, under any employee benefit plan, program or arrangement or other contract or agreement of the Company or any of its affiliated companies providing benefits to the Executive.

  • No Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you have not earned and will not receive from the Company any additional compensation relating to or arising from employment with the Company (including base salary, bonus or incentive compensation), severance, or benefits before or after the Separation Date, with the exception of any vested right you may have under the express terms of a written ERISA-qualified benefit plan (e.g., 401(k) account).

  • Impact on Other Benefits The value of the Restricted Shares (either on the date hereof or at the time the Restricted Shares vest) shall not be includable as compensation or earnings for purposes of any benefit plan offered by the Corporation.

  • Effect on Other Agreements The provisions of this Agreement shall supersede the terms of any plan, policy, agreement, award or other arrangement of the Employer (whether entered into before or after the Effective Date) to the extent application of the terms of this Agreement is more favorable to the Executive.

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