Common use of Impact on Benefits Clause in Contracts

Impact on Benefits. [To the extent that your RSU Award is or is related to an annual RSU award,] the face value of the award on the date of the grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of the H.X. Xxxxx Company Supplemental Executive Retirement Plan and the H.X. Xxxxx Company Employees Retirement and Savings Excess Plan, regardless of whether or not the RSUs subsequently vest.

Appears in 2 contracts

Samples: Restricted Stock Unit Award and Agreement (Heinz H J Co), Restricted Stock (Heinz H J Co)

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Impact on Benefits. [To the extent that your RSU Award is or is related to an annual RSU award,] replaces a cash Annual Incentive Plan (AIP) award opportunity, the face value of the award on the date of the grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of the H.X. X.X. Xxxxx Company Supplemental Executive Retirement Plan and the H.X. X.X. Xxxxx Company Employees Retirement and Savings Excess Plan, regardless of whether or not the RSUs subsequently vest.

Appears in 1 contract

Samples: Heinz H J Co

Impact on Benefits. [To the extent that Because your RSU Award is or is related to an annual RSU award,] , the face value of the award on the date of the RSU grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of pursuant to the H.X. X.X. Xxxxx Company Supplemental Executive Retirement Plan and Plan, the H.X. X.X. Xxxxx Company Employees Retirement and Savings Excess PlanPlan and/or any other plan of the Company, regardless of whether or not the RSUs subsequently vest.

Appears in 1 contract

Samples: Heinz H J Co

Impact on Benefits. [To the extent that your RSU Award is or is related to an annual RSU award,] replaces a cash Annual Incentive Plan (AIP) award opportunity, the face value of the award on the date of the grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of the H.X. Xxxxx Company Supplemental Executive Retirement Plan and the H.X. Xxxxx Company Employees Retirement and Savings Excess Plan, regardless of whether or not the RSUs subsequently vest.

Appears in 1 contract

Samples: Restricted Stock Unit Award and Agreement (Heinz H J Co)

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Impact on Benefits. [To the extent that your RSU Award is or is related to an annual RSU award,] replaces a cash AIP award opportunity, the face value of the award on the date of the grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of the H.X. Xxxxx Company Supplemental Executive Retirement Plan and the H.X. Xxxxx Company Employees Retirement and Savings Excess Plan, regardless of whether or not the RSUs subsequently vest.

Appears in 1 contract

Samples: Restricted Stock Unit Award and Agreement (Heinz H J Co)

Impact on Benefits. [To the extent that your RSU Award is or is related to an annual RSU award,] , the face value of the award on the date of the grant (the number of RSUs multiplied by the closing price, as listed on the New York Stock Exchange, of the shares of Common Stock represented by the RSUs on the date of the grant) will be included as compensation for the year of the grant for purposes of the H.X. Xxxxx Company Supplemental Executive Retirement Plan and the H.X. Xxxxx Company Employees Retirement and Savings Excess Plan, regardless of whether or not the RSUs subsequently vest.

Appears in 1 contract

Samples: Restricted Stock Unit Award and Agreement (Heinz H J Co)

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