Common use of Nature of Payments Clause in Contracts

Nature of Payments. Any and all grants or deliveries of Awarded Shares hereunder shall constitute special incentive payments to Grantee and shall not be taken into account in computing the amount of salary or compensation of Grantee for the purpose of determining any retirement, death or other benefits under (a) any retirement, bonus, life insurance or other employee benefit plan of the Company, or (b) any agreement between the Company and Grantee, except as such plan or agreement shall otherwise expressly provide.

Appears in 20 contracts

Samples: Award Agreement (SWS Group Inc), Restricted Stock Agreement (SWS Group Inc), Restricted Stock Agreement (SWS Group Inc)

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Nature of Payments. Any and all grants or deliveries of Awarded Shares hereunder shall constitute special incentive payments to Grantee and shall not be taken into account in computing the amount of salary or compensation of Grantee for the purpose of determining any retirement, death or other benefits under (a) any retirement, bonus, life insurance or other employee benefit plan of the Company, or (b) any agreement between the Company on the one hand, and GranteeGrantee on the other hand, except as such plan or agreement shall otherwise expressly provide.

Appears in 4 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Akamai Technologies Inc), Restricted Stock Agreement (Akamai Technologies Inc)

Nature of Payments. Any and all grants or deliveries of Awarded Shares hereunder shall constitute special incentive payments to Grantee and shall not be taken into account in computing the amount of salary or compensation of Grantee for the purpose of determining any retirement, death or other benefits under (a) any retirement, bonus, life insurance or other employee benefit plan of the Company, Company or (b) any agreement between the Company and Grantee, except as such plan or agreement shall otherwise expressly provide.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Us Concrete Inc), Restricted Stock Award Agreement (Us Concrete Inc), Restricted Stock Award Agreement (Us Concrete Inc)

Nature of Payments. Any and all grants or deliveries of Awarded Shares hereunder shall constitute special incentive payments to the Grantee and shall not be taken into account in computing the amount of salary or compensation of the Grantee for the purpose of determining any pension, retirement, death or other benefits under (a) any pension, retirement, profit-sharing, bonus, life insurance or other employee benefit plan of the Company, or (b) any agreement between the Company and Grantee, except as such plan or agreement shall otherwise expressly provide.life

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Mills Corp), Restricted Stock Award Agreement (Mills Corp)

Nature of Payments. Any and all grants or deliveries of Awarded Shares hereunder shall constitute special incentive payments to Grantee and shall not be taken into account in computing the amount of salary or other compensation of Grantee for the purpose purposes of determining any pension, retirement, death or other benefits under (a) any pension, retirement, profit-sharing, bonus, life insurance or other employee benefit plan of the CompanyCompany or any Affiliate, or (b) any agreement between the Company or any Affiliate, on the one hand, and Grantee, on the other hand, except as such plan or agreement shall otherwise expressly provide.

Appears in 2 contracts

Samples: Corporation Restricted Stock Agreement (Mills Corp), Restricted Stock Agreement (Mills Corp)

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Nature of Payments. Any and all grants or deliveries of Awarded Shares hereunder shall constitute special incentive payments to Grantee and shall not be taken into SPECIAL LONG-TERM GRANT [AS OF AUGUST 28, 2003] account in computing the amount of salary or compensation of Grantee for the purpose of determining any retirement, death or other benefits under (a) any retirement, bonus, life insurance or other employee benefit plan of the Company, or (b) any agreement between the Company and Grantee, except as such plan or agreement shall otherwise expressly provide.

Appears in 1 contract

Samples: Restricted Stock Agreement (Nci Building Systems Inc)

Nature of Payments. Any and all grants or deliveries of Awarded Shares hereunder shall constitute special incentive payments to Grantee and shall not be taken into account in computing the amount of salary or compensation of Grantee for the purpose of determining any retirement, death or other benefits under (a) any retirement, bonus, life insurance or other employee benefit plan of the Company, or (b) any agreement between the Company company and Grantee, except as such plan or agreement shall otherwise expressly provide.

Appears in 1 contract

Samples: Quanta Services Inc

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