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 MSG Entertainment Group, the Sphere Entertainment Group or the MSG Sports Group, except as determined otherwise by the MSG Entertainment Group, the Sphere Entertainment Group or the MSG Sports Group. 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 MSG Entertainment Group, the Sphere Entertainment Group or the MSG Sports Group.
Appears in 6 contracts
Samples: Restricted Stock Units Agreement (Madison Square Garden Entertainment Corp.), Restricted Stock Units Agreement (Madison Square Garden Entertainment Corp.), Restricted Stock Units Agreement (Madison Square Garden Entertainment Corp.)
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 MSG Entertainment Group, the MSG Sphere Entertainment Group or the MSG Sports Group, except as determined otherwise by the MSG Entertainment Group, the MSG Sphere Entertainment Group or the MSG Sports Group. 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 MSG Entertainment Group, the MSG Sphere Entertainment Group or the MSG Sports Group.
Appears in 6 contracts
Samples: Performance Restricted Stock Units Agreement (MSGE Spinco, Inc.), Restricted Stock Units Agreement (MSGE Spinco, Inc.), Restricted Stock Units Agreement (MSGE Spinco, 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 MSG Entertainment Group, the Sphere Entertainment Group or the MSG Sports Group, except as determined otherwise by the MSG Entertainment Group, the Sphere Entertainment Group or the MSG Sports Group. 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 MSG Entertainment Group, the Sphere Entertainment Group or the MSG Sports Group.
Appears in 4 contracts
Samples: Restricted Stock Units Agreement (Madison Square Garden Entertainment Corp.), Restricted Stock Units Agreement (Madison Square Garden Sports Corp.), Restricted Stock Units Agreement (Sphere Entertainment Co.)
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 MSG Entertainment Group, the MSG Sphere Entertainment Group or the MSG Sports Group, except as determined otherwise by the MSG Entertainment Group, the MSG Sphere Entertainment Group or the MSG Sports Group. 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 MSG Entertainment Group, the MSG Sphere Entertainment Group or the MSG Sports Group.
Appears in 2 contracts
Samples: Restricted Stock Units Agreement (MSGE Spinco, Inc.), Restricted Stock Units Agreement (MSGE 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 MSG Entertainment Group, the Sphere Entertainment Sports Group or the MSG Sports Entertainment Group, except as determined otherwise by the MSG Entertainment Group, the Sphere Entertainment Sports Group or the MSG Sports GroupEntertainment Group as applicable. 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 MSG Entertainment Group, the Sphere Entertainment Sports Group or the MSG Sports GroupEntertainment Group as applicable.
Appears in 1 contract
Samples: 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 MSG Entertainment Group, the Sphere Entertainment Sports Group or the MSG Sports Entertainment Group, except as determined otherwise by the MSG Entertainment Group, the Sphere Entertainment Sports Group or the MSG Sports Entertainment Group. 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 MSG Entertainment Group, the Sphere Entertainment Sports Group or the MSG Sports Entertainment Group.
Appears in 1 contract
Samples: Performance Restricted Stock Units Agreement (MSG Entertainment Spinco, Inc.)