Exclusion from Compensation Calculation. By acceptance of this Agreement, you shall be deemed to be in agreement that the Units covered hereby shall be considered special incentive compensation and will be exempt from inclusion as “wages” or “salary” in pension, retirement, life insurance and other employee benefits arrangements of the Company and its Affiliates, except as determined otherwise by the Company. In addition, each of your beneficiaries shall be deemed to be in agreement that all such shares be exempt from inclusion in “wages” or “salary” for purposes of calculating benefits of any life insurance coverage sponsored by the Company or any of its Affiliates.
Appears in 18 contracts
Samples: Restricted Stock Units Agreement (Madison Square Garden Entertainment Corp.), Restricted Stock Units Agreement (MSG Entertainment Spinco, Inc.), Restricted Stock Units Agreement (MSG Entertainment Spinco, Inc.)
Exclusion from Compensation Calculation. By acceptance of this Agreement, you shall be deemed to be considered in agreement that the Units Restricted Shares covered hereby shall be considered special incentive compensation and will be exempt from inclusion as “wages” or “salary” in pension, retirement, life insurance and other employee benefits arrangements of the Company and its Affiliates, except as determined otherwise by the Company. In addition, each of your beneficiaries shall be deemed to be in agreement that all such shares be exempt from inclusion in “wages” or “salary” for purposes of calculating benefits of any life insurance coverage sponsored by the Company or any of its Affiliates.
Appears in 16 contracts
Samples: Restricted Shares Agreement, Restricted Shares Agreement (Cablevision Systems Corp /Ny), Restricted Shares Agreement (AMC Networks Inc.)
Exclusion from Compensation Calculation. By acceptance of this Agreement, you shall be deemed to be in agreement that the Units units covered hereby shall be considered special incentive compensation and will be exempt from inclusion as “wages” or “salary” in pension, retirement, life insurance and other employee benefits arrangements of the Company and its Affiliates, except as determined otherwise by the Company. In addition, each of your beneficiaries shall be deemed to be in agreement that all such shares be exempt from inclusion in “wages” or “salary” for purposes of calculating benefits of any life insurance coverage sponsored by the Company or any of its Affiliates.
Appears in 11 contracts
Samples: Performance Restricted Stock Units Agreement (Madison Square Garden Entertainment Corp.), Performance Restricted Stock Units Agreement (MSG Entertainment Spinco, Inc.), Performance Restricted Stock Units Agreement (MSG Entertainment Spinco, Inc.)
Exclusion from Compensation Calculation. By acceptance of this Agreement, you shall be deemed to be in agreement that the Units covered hereby shall be considered special incentive compensation and will be exempt from inclusion as “wages” or “salary” in pension, retirement, life insurance and other employee benefits arrangements of the Company and its Affiliatesyour Employer, except as determined otherwise by the Companyyour Employer. In addition, each of your beneficiaries shall be deemed to be in agreement that all such shares be exempt from inclusion in “wages” or “salary” for purposes of calculating benefits of any life insurance coverage sponsored by the Company or any of its Affiliatesyour Employer.
Appears in 1 contract
Samples: Restricted Stock Units Agreement (MSG Spinco, Inc.)