Common use of Effect on Other Employee Benefit Plans Clause in Contracts

Effect on Other Employee Benefit Plans. The value of the Restricted Stock Units subject to this Award Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating your benefits under any employee benefit plan sponsored by the Company or any Affiliate, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Affiliate’s employee benefit plans.

Appears in 9 contracts

Samples: Restricted Stock Units Agreement (Halozyme Therapeutics, Inc.), Restricted Stock Units Agreement (Halozyme Therapeutics, Inc.), Restricted Stock Units Agreement (Halozyme Therapeutics, Inc.)

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Effect on Other Employee Benefit Plans. The value of the Restricted Stock Units subject granted pursuant to this Award Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating your the Awardee’s benefits under any employee Awardee or other benefit plan sponsored by the Company or any Affiliate, Affiliate except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Affiliate’s employee benefit plans.

Appears in 6 contracts

Samples: Restricted Stock Unit Grant Agreement (La Jolla Pharmaceutical Co), Restricted Stock Unit Grant Agreement (La Jolla Pharmaceutical Co), Restricted Stock Unit Grant Agreement (La Jolla Pharmaceutical Co)

Effect on Other Employee Benefit Plans. The value of the Restricted Stock Units Award subject to this Award Restricted Stock Unit Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating your the Employee’s benefits under any employee benefit plan sponsored by the Company or any Affiliate, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Affiliate’s employee benefit plans.

Appears in 6 contracts

Samples: Equity Incentive Plan Restricted Stock Unit Agreement (Exelixis, Inc.), Equity Incentive Plan Restricted Stock Unit Agreement (Exelixis, Inc.), Equity Incentive Plan Restricted Stock Unit Agreement (Exelixis, Inc.)

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Effect on Other Employee Benefit Plans. The In the event that you become an Employee, the value of the Restricted Stock Units Award subject to this Award Restricted Stock Unit Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the your benefits under any employee benefit plan sponsored by the Company or any Affiliate, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company’s or any Affiliate’s employee benefit plans.

Appears in 4 contracts

Samples: Equity Incentive Plan Restricted Stock Unit Agreement (Exelixis, Inc.), Incentive Plan Restricted Stock Unit Agreement (Exelixis, Inc.), Option Agreement (Exelixis, Inc.)

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