Common use of Labor Law Acknowledgment Clause in Contracts

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the Units, if any, is not part of the Employee’s remuneration from employment.

Appears in 24 contracts

Samples: Performance Restricted Stock Unit Agreement (Abbott Laboratories), Performance Restricted Stock Unit Agreement (Abbott Laboratories), Performance Restricted Stock Unit Agreement (Abbott Laboratories)

AutoNDA by SimpleDocs

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits Benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the Units, if any, is not part of the Employee’s remuneration from employment.

Appears in 10 contracts

Samples: Performance Share Award Agreement (AbbVie Inc.), Vested Restricted Stock Unit Agreement (AbbVie Inc.), Restricted Stock Unit Agreement (AbbVie Inc.)

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the UnitsOption, if any, is not part of the Employee’s remuneration from employment.

Appears in 6 contracts

Samples: Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories), Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories), Non Qualified Stock Option Agreement (AbbVie Inc.)

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits provided under the Agreement and the Program Plan are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program Plan are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the shares of Common Stock associated with the Deferred Stock Units, if any, is not part of the Employee’s remuneration from employment.. NOTIFICATIONS

Appears in 4 contracts

Samples: Global Deferred Stock Unit Agreement (Mondelez International, Inc.), Global Deferred Stock Unit Agreement (Mondelez International, Inc.), Global Deferred Stock Unit Agreement (Mondelez International, Inc.)

Labor Law Acknowledgment. The Employee agreesagrees that, for all legal purposes, (i) the benefits provided under the Agreement and the Program Plan are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program Plan are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the Restricted Stock Units, if any, is not part of the Employee’s remuneration from employment.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Donaldson Co Inc), Restricted Stock Unit Award Agreement (Donaldson Co Inc), Restricted Stock Unit Award Agreement (Donaldson Co Inc)

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits provided under the Agreement and the Program Plan are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program Plan are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the shares of Common Stock associated with the Deferred Stock Units, if any, is not part of the Employee’s remuneration from employment.

Appears in 2 contracts

Samples: Global Deferred Stock Unit Agreement (Mondelez International, Inc.), Global Deferred Stock Unit Agreement (Mondelez International, Inc.)

Labor Law Acknowledgment. The Employee agreesagrees that, for all legal purposes, (i) the benefits provided under the Agreement and the Program Plan are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program Plan are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the Unitsexercise of the Option, if any, is not part of the Employee’s remuneration from employment.

Appears in 1 contract

Samples: Stock Option Award Agreement (Donaldson Co Inc)

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits Benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the UnitsOption, if any, is not part of the Employee’s remuneration from employment.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (AbbVie Inc.)

AutoNDA by SimpleDocs

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits Benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the UnitsOption, if any, is not part of the Employee’s remuneration from employment.. Non-Qualified Stock Option Agreement (2018)

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (AbbVie Inc.)

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits Benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) Non-Qualified Stock Option Agreement (2020) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the UnitsOption, if any, is not part of the Employee’s remuneration from employment.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (AbbVie Inc.)

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits Benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the UnitsOption, if any, is not part of the Employee’s remuneration from employment.. Non-Qualified Stock Option Agreement (2019)

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (AbbVie Inc.)

Labor Law Acknowledgment. The Employee agrees, for all legal purposes, (i) the benefits provided under the Agreement and the Program are the result of commercial transactions unrelated to the Employee’s employment; (ii) the Agreement and the Program are not a part of the terms and conditions of the Employee’s employment; and (iii) the income from the UnitsOption, if any, is not part of the Employee’s remuneration from employment.. Non-Qualified Stock Option Agreement (2017)

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (AbbVie Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!